US EditionSri Lanka plans $1.6 bn in cyclone recovery spending in 2026
The $1.6 billion plan aims to rebuild infrastructure and support 2.3 million affected people, with funding sought from the IMF, World Bank, and international donors.
- 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.
42 Articles
42 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 …
Cambridge Times
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…
Xinhua News
china.org.cnSri Lanka to further fund relief work after Cyclone Ditwah
Sri Lanka to further fund relief work after Cyclone Ditwah
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…
Sri Lanka to spend Rs115bn on slope protection of key roads after cyclone: Deputy Minister
ECONOMYNEXT – Sri Lanka plans to spend 115 billion rupees protecting slopes on major roads as the damage from Cyclone Ditwah is repaired, Deputy Minister of Transport and Highways, Prasanna Gunasena said. About 572 sections of A and B grade roads totalling 1456.64 kilometres have suffered damage, during Cyclone Ditwah he said. About 723 kilometres were in the central province. “The rough estimate for repair work is 68.84 billion rupees,” Gunasen…
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