More investments to cushion impact on economy:
Two months’ natural disasters cost over Rs 100 billion
The impact on the national economy from natural disasters within the
past two months may exceed Rs.100 billion as the damage to the national
road network alone has been estimated at Rs.17 billion, Disaster
Management Minister Mahinda Amaraweera told the Sunday Observer.
He said the Government will invest more on disaster mitigation
projects to cushion the impact on the national economy.
The Minister said a comprehensive report is now being prepared to
ascertain the effect on the national economy due to the natural
Minister Amaraweera said that the disaster mitigation projects
carried out by the Disaster Management Ministry along with other
Ministries have so far shown positive results in averting major floods
where flood mitigation projects were carried out.
“For instance, we averted major floods in Dambulla this time due to
the flood mitigation projects carried out in the area after major floods
had been reported”, he said.
The Minister said the National Council for Disaster Management which
met last week also decided to build more tanks to retain the rain water
to mitigate floods and the effect of droughts. He said the Economic
Development Ministry has agreed to provide funds to construct these
tanks together with the Irrigation Ministry as they could help retain
the water overflowing from major reservoirs during rainy seasons and
thereby preserve the water.