Sri Lanka Cabinet has approved a proposal to establish the ‘Rebuilding Sri Lanka’ Fund, aimed at rebuilding the country following the severe devastation caused by Cyclone ‘Ditwah’, the government said.
The cost of the damage due to the disaster, which is one of the worst natural disasters in Sri Lanka’s recent history, is yet to be know. However, some analysts estimate it much more than the rebuilding cost spent after Tsunami devastation in 2004.
The Fund is to be established as a statutory fund under the Presidential Secretariat and its Management Committee will comprise representatives from both the public and private sectors.
Anil Jayantha Fernando, Minister of Labour and Deputy Minister of Finance and Planning, will serve as the Chairman of the Committee, while Mr. G. M. R. D. Aponsu, Senior Additional Secretary to the President, will serve as the Convener.
The other members of the Committee are:
- Hanif Yusuf, Governor of the Western Province and Special Representative of the President for Foreign Investments
- Harshana Suriyapperuma, Secretary to the Ministry of Finance
- Duminda Hulangamuwa, Senior Economic Adviser to the President
- Sugeeshwara Gunawadhana, Director General at the Ministry of Foreign Affairs
- Mohan Pandithage, Chairman, Hayleys Group
- Krishan Balendra, Chairman, John Keells
- Parakrama Dissanayake, Deputy Chairman and Managing Director, Aitken Spence
- Ashroff Omar, Group Chief Executive Officer, Brandix
- Ishara Nanayakkara, Executive Chairman, LOLC Holdings
The President’s Media Division (PMD) said the Management Committee will be empowered to ensure the effective administration of the Fund, including assessing requirements, setting priorities, allocating resources and disbursing funds for approved recovery activities.
Contributions to the fund may be made by any donor, local or overseas, either in Sri Lankan Rupees or in any foreign currency, to the following Bank of Ceylon account:
Account Name: Deputy Secretary to the Treasury
Account Number: 2026450
Bank: Bank of Ceylon, Taprobane Branch
Swift Code: BCEYLKLX
Account details for foreign currency deposits:
US Dollar (USD)
Bank: Deutsche Bank Trust Company Americas, New York, USA
Recipient Account Name: Central Bank of Sri Lanka
Account Number: 04015541
Routing Number: 021001033
SWIFT: BKTRUS33XXX
Euro (EUR)
Bank: ODDO BHF Bank, Frankfurt am Main, Germany
Recipient Account Name: Central Bank of Sri Lanka
Account Number: 0000739854
IBAN: DE39500202000000739854
SWIFT: BHFBDEFF500
Pound Sterling (GBP) – Account 1
Bank: HSBC Bank Plc, London, UK
Recipient Account Name: Central Bank of Sri Lanka
Account Number: 39600144
Sort Code: 40-05-15
IBAN: GB48MIDL40051539600144
SWIFT: MIDLGB22XXX
Pound Sterling (GBP) – Account 2
Bank: Bank of Ceylon (UK) Ltd, London, UK
Recipient Account Name: Central Bank of Sri Lanka
Account Number: 88001249
Sort Code: 40-50-56
IBAN: GB89BCEY40505688001249
SWIFT: BCEYGB2LXXX
Japanese Yen (JPY)
Bank: MUFG Bank, Tokyo, Japan
Recipient Account Name: Central Bank of Sri Lanka
Account Number: 653-0407895
SWIFT: BOTKJPJTXXX
Australian Dollar (AUD)
Bank: Reserve Bank of Australia
Recipient Account Name: Central Bank of Sri Lanka
Account Number: 81736-4
BSB: 092002
SWIFT: RSBKAU2SXXX
2025 National Disaster Situation