Sri Lanka Secures US$ 200 Mn ADB Loan for Post-Cyclone Reconstruction šŸ“ˆ

Source

• Overall Funding: The Asian Development Bank (ADB) has extended a US$ 200 Mn loan to Sri Lanka for the Post-Cyclone Ditwah Reconstruction and Livelihoods Support Project, covering recovery measures from 2026 to 2030. • Transport Infrastructure: Under the Ministry of Transport, Highways and Urban Development as executing agency, the Road Development Authority (RDA) will rebuild cyclone-damaged roads with enhanced climate resilience. • Agriculture & Irrigation: Damaged irrigation systems will be restored via the Irrigation Department and Mahaweli Authority, while the Department of Agrarian Development provides support to revive agriculture & farming livelihoods. • Household Recovery: Targeted housing restoration grants will be distributed to affected families through the National Disaster Relief Services Centre (NDRSC).

Listen to this article

Duration: 0:50