ASIATODAY.ID, COLOMBO — Sri Lanka has been hit hard by Cyclone Ditwah, leaving countless lives lost, homes destroyed, and livelihoods disrupted.
The World Bank Group expressed deep concern and praised the remarkable resilience of the Sri Lankan people, while commending the government’s swift action to save lives and launch recovery efforts.
In response to the government’s request, the World Bank is providing up to US$120 million in emergency support, repurposing funds from ongoing projects. This funding will help restore essential services and critical infrastructure, including healthcare, water supply, education, agriculture, and connectivity, in the hardest-hit areas.
Meanwhile, the International Finance Corporation (IFC), the World Bank Group’s private sector arm, will strengthen the private sector through advisory support and strategic investments in key sectors such as agriculture, manufacturing, logistics, and MSMEs, creating jobs and accelerating economic recovery.
To guide recovery efforts, a Global Rapid Post-Disaster Damage Estimation (GRADE) assessment is underway in partnership with the Global Facility for Disaster Risk Reduction (GFDRR).
This rapid assessment will provide credible estimates of disaster impacts and help target response and recovery actions effectively. The World Bank is also supporting the government in establishing the “Rebuilding Sri Lanka” Fund and planning the next phase of post-disaster needs assessments.
“Our hearts go out to every Sri Lankan affected by Cyclone Ditwah. We are inspired by how communities across the country have come together to support each other during this difficult time,” said Gevorg Sargsyan, World Bank Group Country Manager for Sri Lanka and Maldives on December 15, 2025.
“The World Bank Group is committed to helping Sri Lanka restore livelihoods, accelerate economic recovery, and rebuild stronger, safer, and more resilient communities.”
Looking ahead, the World Bank Group is ready to work with the government to mobilize additional resources based on GRADE assessment findings and the financing needs for recovery and resilient reconstruction. Future programs will also be adapted to accommodate the impacts of this crisis.
The World Bank Group emphasizes that support will be delivered quickly, transparently, and effectively, with robust oversight mechanisms implemented through local authorities and executing agencies.
Coordination with development partners continues to ensure maximum impact, helping Sri Lanka recover and rebuild for the long term. (AT Network)
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