World Bank pledges $120M emergency aid for Sri Lanka after Cyclone Ditwah

• World Bank announced USD 120 million in emergency support for Sri Lanka after Cyclone Ditwah.
• The funds, repurposed from ongoing projects, will restore essential services and infrastructure like health, water, education, agriculture, and connectivity.
• Cyclone Ditwah caused 644 deaths, 183 missing, and damaged over 118,000 houses.
• The International Finance Corporation (IFC) will also provide advisory support and strategic investments.

Why It Matters: Sri Lanka gets vital World Bank aid for cyclone recovery efforts.