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ADB assists Sri Lanka in finalizing national disaster risk financing strategy

1 report, 1 independent Updated Sun 00:00
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The Public Debt Management Office, which is part of the Ministry of Finance, Planning and Economic Development, is leading the preparation of Sri Lanka’s National Disaster Risk Financing Strategy. The strategy is expected to be finalized by mid-2027. The Public Debt Management Office is receiving technical assistance for this effort from the Asian Development Bank.

From ft.lk

Why it matters

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The strategy aims to strengthen national financial resilience and enhance the government’s capacity to manage the fiscal impact of natural disasters. Discussions during a recent workshop highlighted the need to identify disaster-related fiscal risks and select appropriate financing instruments to ensure sustainable funding for response and recovery.

From ft.lk

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