https://www.taxtmi.com/news?id=65555 The World Bank's GRADE report estimates Cyclone Ditwah caused about USD 4.1 billion in direct physical damage in Sri Lanka, concentrated in infrastructure, residential buildings, agriculture and non residential facilities. The report highlights severe impacts on livelihoods and food security, identifies Kandy and the Central province as hardest hit, stresses the need for resilient siting and design and notes mobilisation of up to USD 120 million from ongoing World Bank projects for recovery and restoration of essential services. en-us Mon, 22 Dec 2025 21:31:03 +0530 Mon, 22 Dec 2025 21:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=65555 The World Bank's GRADE report estimates Cyclone Ditwah caused about USD 4.1 billion in direct physical damage in Sri Lanka, concentrated in infrastructure, residential buildings, agriculture and non residential facilities. The report highlights severe impacts on livelihoods and food security, identifies Kandy and the Central province as hardest hit, stresses the need for resilient siting and design and notes mobilisation of up to USD 120 million from ongoing World Bank projects for recovery and restoration of essential services. News - Mon, 22 Dec 2025 21:31:03 +0530 https://www.taxtmi.com/news?id=65555