Tuesday, 02 January 2024 12:17 GMT

Rs. 1,893 Million Secured For 'Rebuilding Sri Lanka' Programme


(MENAFN- Colombo Gazette) The 'Rebuilding Sri Lanka' initiative, launched to restore the country after Cyclone Ditwah, has received Rs. 1,893 million in support from local contributors, overseas Sri Lankans, and various organisations, said Dr. Harshana Suriyapperuma, Secretary to the Ministry of Finance, Planning and Economic Development.

Dr. Suriyapperuma added that the Insurance Regulatory Commission of Sri Lanka recently held a meeting with heads of all insurance companies to set up a mechanism for compensating affected businesses and property owners.

Insurance companies have already begun providing prompt compensation for minor property damage, businesses, and loss of life. For major property losses, payments will follow after assessments, with partial funds released immediately where possible.

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Colombo Gazette

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