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Friday, December 18, 2009 - 5.15 GMT |
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WB supports
reconstruction |
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The
World
Bank
yesterday
(17)
approved
a US$77
million
package
for Sri
Lanka,
to
support
the
return
of
100,000
Internally
Displaced
Persons
(IDPs)
to their
places
of
origin
in the
Northern
Province
and to
restore
their
livelihoods.
The Bank
will
also
support
rehabilitation
of
provincial
roads in
Eastern,
Northern,
Southern
and Uva
provinces
through
a US$105
million
credit
for a
Provincial
Roads
Project.
“The
approval
of this
response
package
by the
World
Bank’s
Board of
Directors
demonstrates
that
development
partners
recognize
the
challenges
that the
country
is
facing
and want
to
help,"
said
Naoko
Ishii,
World
Bank
Country
Director
for Sri
Lanka.
"We
trust
the
interventions
initiated
by the
World
Bank-supported
projects
in the
North
will
build a
good
foundation
for
rehabilitation
and
reconstruction
and
provide
a strong
platform
for the
Government
to
welcome
other
development
agencies
as they
too come
forward
to
assist
Sri
Lanka at
this
critical
juncture,”
he
further
said.
With
regard
to Sri
Lanka's
current
situation
the
World
Bank
stated
Sri
Lanka is
now
facing a
historic
opportunity
for
development
and
reconciliation.
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