Fiscal Disaster Risk Assessment and Risk Financing Options : Sri Lanka

The objective of the report is to raise awareness of the fiscal impacts that natural disasters have on the budget of the Government of Sri Lanka. It is envisioned to be used as a planning tool for the potential development of a comprehensive disaster risk financing and insurance strategy that would...

Full description

Bibliographic Details
Main Author: World Bank Group
Language:English
en_US
Published: World Bank, Washington, DC 2016
Subjects:
WAR
Online Access:http://documents.worldbank.org/curated/en/2016/06/26538641/fiscal-disaster-risk-assessment-risk-financing-options
http://hdl.handle.net/10986/24689
Description
Summary:The objective of the report is to raise awareness of the fiscal impacts that natural disasters have on the budget of the Government of Sri Lanka. It is envisioned to be used as a planning tool for the potential development of a comprehensive disaster risk financing and insurance strategy that would equip the Ministry of Finance with additional instruments to manage the contingent liability posed by disasters. Its recommendations are a starting point for a collaborative discussion with the government on the potential development of a broad program.