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Press briefing of Cabinet Decision taken on 2020-06-17
Utilizing the funds allocated under the Contingent Emergency Response Components of the World Bank Group financed investment projects for the projects to be implemented on priority basis, due to the COVID 19 pandemic situation
- It has been identified that it is necessary to provide financial assistance for the uplifting the agricultural sector, implementing the e-education platform, establishment of an online platform for home-based work , disaster management as well as the prevention of spreading the disease while using public transport sectors, immediately, since the country is facing a wide range of impacts other than the health sector due to COVID-19 pandemic situation. Therefore, the Cabinet of Ministers has approved the proposal submitted by the Hon. Prime Minister in his capacity as the Minister of Finance, Economic and Policy Development for taking necessary measures to enable to utilize US$ 56 million that has been included under the Contingent Emergency Response Components of (04) investment projects funded by the World Bank Group in the projects to be immediately implemented in the sectors mentioned above.