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The $33.5 million Post-Tsunami Coastal Rehabilitation and
Resource Management Program will be financed partly by an initial
$14.2 million loan from the International Fund for Agricultural
Development. This will help mobilize an extra $14.2 million from
other sources or from the fund's own 2006 lending program. An
additional $1.5 million grant is expected from the Italian
government. The government of Sri Lanka will contribute $3.4
million, while the project participants will contribute an
additional $212,000 in kind.
A second $4.7 million initiative, the Post-Tsunami Livelihoods
and Support and Partnership Program, will be financed partly by a
$2.35 million loan from the International Fund for Agricultural
Development. The fund is committed to help mobilize the remaining
$2.35 million from other sources or from its own 2006 lending
program.
The two loan agreements, totaling $16.55 million, were signed
Dec. 1 at the Rome headquarters of the International Fund for
Agricultural Development by Lennart Bage, president of the fund, and
Rodney Perera, the Sri Lankan ambassador to Italy.
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 At least 140,000 households will benefit from the two programs in
Kalutara, Galle, Matara, Hambantota, Ampara, Batticaloa and
Trincomalle, the seven tsunami-affected districts in Sri Lanka.
The three-year Post-Tsunami Livelihoods and Support and
Partnership Program will focus on rapid rehabilitation and
development of rural infrastructure and housing in the seven
districts. It will directly benefit about 22,000 people by building
or repairing 2,000 houses and helping rehabilitate or develop social
infrastructure, including community centers and local clinics,
drinking water supply plans, drainage facilities, feeder roads, and
access roads for settlement areas.
[Full story]
[Provided by the
Good News Agency]
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