Money Galore

The World Bank’s private sector financing arm is offering cash grants through its business investments in Sri Lanka who have undertaken post-tsunami reconstruction work. The World Bank’s private sector financing arm is offering cash grants through its business investments in Sri Lanka who have undertaken post-tsunami reconstruction work. Sanjiva Senanayake, the International Financial Corp’s Resident Representative for Sri Lanka, said IFC financing, through cash grants, will match up 50 percent of the project costs.

“We have investments in Dialog, John Keells, Suntel, Apollo Hospitals, National Development Bank and so on, they have to come up with a project report on corporate social responsibility work they have done and we will subsidies half of it,” Senanayake said.

Plan Sri Lanka, an
International child centred NGO, has allocated US$ 10 mn for tsunami hit
are

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