Govt. accelerates rebuilding Sri Lanka infrastructure drive - News Summed Up

Govt. accelerates rebuilding Sri Lanka infrastructure drive


accelerates rebuilding Sri Lanka infrastructure drive By Bandula Sirimanna View(s): View(s):The government has accelerated the structured disbursement of reconstruction capital and oversight of large-scale infrastructure projects making use of the money raised by the “Rebuilding Sri Lanka” Fund on the directions and the supervision of the 7-member Management CommitteeThe committee operates as a statutory body under the Presidential Secretariat. He revealed that the Massachusetts Institute of Technology has developed a digital reporting system for the fund free of charge, with technical support from Microsoft. 8.5 billion has been received by the fund from local businesses and citizens and international contributions, ministry data showed. 420 million from Dialog Axiata for healthcare and education infrastructure and Rs. 24.4 billion has been released from state funds as of late February for various relief measures in addition to the disbursement of “Rebuilding Sri Lanka” fund for the reconstruction of devastated infrastructure and financial stimulus, ministry data shows.


Source: Sunday Times February 28, 2026 21:13 UTC



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