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World Bank to provide $ 120 m for emergency post-Ditwah spending
Daily FT
|December 16, 2025
Financing comes from repurposing existing projects funded by World Bank
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THE World Bank Group yesterday said that it was making up to $ 120 million in emergency support available by repurposing funds from ongoing projects by request of the Sri Lankan Government to deal with the aftermath of Ditwah.
It said that this will support recovery and help restore essential services and infrastructure, including healthcare, water, education, agriculture, and connectivity, in the areas hit hardest by the cyclone.
The International Finance Corporation (IFC), the private sector arm of the World Bank Group, will continue to strengthen the private sector by providing advisory support and strategic investments in key sectors such as agriculture and manufacturing and logistics, including support to micro, small and medium enterprises (MSMEs) to create jobs and drive economic recovery.
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