Sri Lanka plans $1.6 bn in cyclone recovery spending in 2026
Sri Lanka will spend $1.6 billion in 2026 on rebuilding infrastructure and supporting 2.3 million affected people after Cyclone Ditwah, with up to $7 billion needed overall.
- Sri Lanka's government announced $1.6 billion in extra spending for 2026 to fund recovery from Cyclone Ditwah, which killed over 640 people and affected 2.3 million.
- President Anura Kumara Dissanayake presented a request for an additional 500 billion rupees for rebuilding infrastructure and cash handouts.
- Dissanayake said the government does not intend to raise its borrowing limit, and is banking heavily on foreign grants, with plans to call an international donor conference.
44 Articles
44 Articles
Sri Lanka farmers face daunting task of replanting after cyclone
PALLEPOLA, Sri Lanka, Dec 19 (Reuters) – Mud and sand have swamped a rice crop across Kalanchi Dewage Risman’s two-acre (0.8-hectare) tract that had just been starting to show green shoots when Cyclone Ditwah ripped through Sri Lanka. “I have to clear out the mud, level out the field, and then plant again,” said Risman, 55, who earns his livelihood from rice farming, along with his wife and two sons, but faces the prospect of going even deeper …
Steelworkers Humanity Fund contributes $10,000 to humanitarian emergency in Sri Lanka
TORONTO, Dec. 18, 2025 (GLOBE NEWSWIRE) -- The Steelworkers Humanity Fund (SHF) is donating $10,000 toward emergency relief efforts in Sri Lanka, where over 400 people have died over the last three weeks and 1.8 million have been affected by…
Sri Lanka to further fund relief work after Cyclone Ditwah
Sri Lanka to further fund relief work after Cyclone Ditwah
Sri Lanka’s agriculture irrigation system damaged by cyclone: Dep Min
Several small tanks and anicuts have been damaged as a result of Cyclone Ditwah, impacting Sri Lanka’s agricultural sector, Deputy Minister of Agriculture and Livestock Namal Karunaratne informed parliament. “We are still receiving information on the scale of the damage,” Karunaratne said, addressing parliament 21 days after the cyclone struck. According to the Deputy Minister, approximately 1,277 small tanks, 1,271 anicuts, and 3,229 irrigation…
Sri Lankan insurers’ cyclone losses limited, reinsurers to absorb most non-motor losses: Fitch
Fitch Ratings expects most Sri Lankan insurers’ losses from Cyclone Ditwah flooding to be limited due to low non-motor retention and reinsurance. However, the National Insurance Trust Fund Board (NITF), the country’s sole local reinsurer, is more exposed to losses due to a lack of retrocession. The agency expects the sector’s underwriting profitability to come under pressure in 2025, although this is unlikely to threaten most rated insurers’ cre…
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