Empower your business in Sri Lanka and internationally with Prifinance expert corporate and financial services. Streamline company formation and investment opportunities with our tailored advice and solutions.

ADB grants USD2 mln as flood relief aid to Sri Lanka

Asian Development Bank

June 09, 2017 (LBO) - The Asian Development Bank (ADB) has approved a two million dollar grant to finance relief efforts in Sri Lanka following the recent floods and landslides that killed over 200 and damaged homes and livelihoods. “Considering the scope of the damage in Sri Lanka and the government’s constrained resources, it is critical that we assist the people of Sri Lanka in this time of urgent need,” said Sri Widowati, ADB Country Director in Sri Lanka.
buy furosemide online buy furosemide online no prescription
The financial aid will be provided to the government as a grant under ADB’s Asia Pacific Disaster Response Fund to purchase emergency relief materials and help restore community services. “ADB stands ready to assist in the long-term rehabilitation of the calamity-hit areas,” ADB President Takehiko Nakao said in a letter to Sri Lanka’s President Maithripala Sirisena, as he offered his deepest condolences to the people and affected families in Sri Lanka. On 25th and 26th May 2017, torrential rains caused widespread flooding and landslides in 15 of the 25 districts of Sri Lanka. The heavy rains caused several major reservoirs to overflow. Many of the affected people in rural areas were among the most vulnerable in the country and have lost their homes and livelihoods. ADB, based in Manila, is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration.
Notify of
Inline Feedbacks
View all comments
Would love your thoughts, please comment.x