Finance Minister Ravi Karunanayake said 35,000 homes were damaged in last week's floods triggered by the heaviest rain for early 25 years, with the capital Colombo the hardest hit.
With so much to repair, reconstruction will be the reviving force of Syria’s post-war economy. A fund needs to be created that would benefit the country and the region, the World Bank says in a new report.
The category 5 cyclone, the worst in Fiji’s history, affected 350,000 people - almost half Fiji’s population - and destroyed or damaged more than 30,000 homes.
As a result of experiences in responding to disasters such as the 2004 Tsunami, Cyclone Nargis and Typhoon Haiyan, which together claimed over 370,000 lives, ASEAN is now a world leader in disaster risk management.