Overview
- Parliament reconvened for a special two-day session as the government presented a supplementary estimate of LKR 500 billion, split into LKR 150 billion for relief, LKR 100 billion for development assistance and LKR 250 billion for related costs, with a vote expected Friday.
- Financing steps include a $200 million request to the IMF’s rapid instrument, World Bank approval to repurpose $120 million, and a $200 million ADB loan for water management that will complete a canal network in North-Central Province.
- Officials say the borrowing limit will remain unchanged, and an international donor conference is planned early next month to mobilize additional grant support.
- The Disaster Management Centre reports 643 dead and 183 missing, with thousands of homes damaged and more than 22,000 families still sheltering in state facilities.
- Preliminary estimates put total reconstruction needs at roughly $6–7 billion, far exceeding the immediate supplemental request.