header logo
SLIC
Latest
Cabinet approves activation of emergency response components in World Bank–funded projects
Dec 11, 202505:11 PM
Cabinet approves activation of emergency response components in World Bank–funded projects
Mobitel inner 1278

The Cabinet of Ministers has granted approval to the activation of emergency responsive components within investment projects financed by the World Bank Group, and to obtain a total of US$ 92–112 million to implement the proposed emergency responsive components.   

 

Cyclone ‘Ditwah’, which caused unexpected floods and landslides across the island, stands as one of the most severe natural disasters in recent years. The calamity resulted in extensive damage to agricultural lands, loss of life, displacement of communities, and destruction of livelihoods and essential public infrastructure.

 

In response, the government is prioritising national rebuilding efforts through an elaborate framework that spans emergency response to long-term mediation, the cabinet spokesman said.

 

Minister Dr. Nalinda Jayatissa said bilateral and multilateral development partners, lending institutions, non-profit agencies, and the international community have already initiated and pledged urgent assistance to support recovery.

 

Accordingly, it has been considered appropriate to activate emergency response components within ongoing foreign-funded infrastructure facilities to accelerate the rebuilding of damaged infrastructure facilities, he said. 

 

Therefore, the Cabinet of Ministers has granted approval to the proposal submitted by the President, in his capacity as the Minister of Finance, Planning and Economic Development, to activate emergency responsive components within the investment projects financed by the World Bank Group and to obtain a total of US$ 92–112 million for implementing the proposed emergency responsive components projects.

 

 

 

MostRead
Mobitel 1278
VideoStories
‘Welle Saranga’ arrested in Dubai; Multiple drug trafficking and murder claims surface

‘Welle Saranga’ arrested in Dubai; Multiple drug trafficking and murder claims surface

“Public trust key to a strong police service” Another 10,000 new officers to be recruited

“Public trust key to a strong police service” Another 10,000 new officers to be recruited

“Loudspeaker misuse causing public inconvenience” Police to take stern action against offenders

“Loudspeaker misuse causing public inconvenience” Police to take stern action against offenders

"Govt. will not back down" Extension of judges’ retirement age a key reform,Justice Minister insists

"Govt. will not back down" Extension of judges’ retirement age a key reform,Justice Minister insists

Wheat flour price hiked by Rs. 17;  Parata, egg roti prices to rise by Rs. 5

Wheat flour price hiked by Rs. 17; Parata, egg roti prices to rise by Rs. 5

Trump says US is taking partial control of  Venezuela's vast oil reserves

Trump says US is taking partial control of Venezuela's vast oil reserves

Sevanagala sugar factory halts production,  staff granted leave

Sevanagala sugar factory halts production, staff granted leave

Narcotics crisis persists as majority of remand prisoners  face drug-related charges

Narcotics crisis persists as majority of remand prisoners face drug-related charges

Sri Lanka extends USD 1 million  humanitarian assistance to flood-hit Nepal

Sri Lanka extends USD 1 million humanitarian assistance to flood-hit Nepal

President says no more debate on banning Perahera as Kandy Esala Perahera concludes successfully

President says no more debate on banning Perahera as Kandy Esala Perahera concludes successfully

Sri Lanka’s agriculture sector faces  growing impact from prolonged dry spell

Sri Lanka’s agriculture sector faces growing impact from prolonged dry spell

Colombo Port enters global top 20  after strong container volume growth

Colombo Port enters global top 20 after strong container volume growth

Large crowds gather in Kandy to witness historic final Randoli Perahera

Large crowds gather in Kandy to witness historic final Randoli Perahera

 Youth arrested for managing Facebook groups and pages sharing explicit images of women and children

Youth arrested for managing Facebook groups and pages sharing explicit images of women and children

 BASL raises concerns over 22nd Amendment, calls for responsible scrutiny of judiciary

BASL raises concerns over 22nd Amendment, calls for responsible scrutiny of judiciary

Lassana Flora