Sri Lanka will spend $1.5 billion of its $3.5 billion tsunami-recovery budget on new infrastructure rather than reconstruction or relief, documents obtained by Reuters showed on Friday.
Following are key facts about the draft plan to rehabilitate areas devastated by the Dec. 26 catastrophe. All figures in millions of dollars unless otherwise stated. The plan has three phases:
Emergency repairs 270.35
Reconstruction and rehabilitation 1,688.25
Improvements and additions 1,525.70
Total 3,484.30
Read the Full Article at Reuters AlertNet
Sri Lankan Govt Report [Warning: PDF] on Relief Efforts so far
Sri Lankan Central Bank has setup a Tsunami Relief Fund [Warning: PDF]
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