Sri Lanka. D.M.Rupasinghe Senior Economist Central Bank of Sri Lanka

  • View
    81

  • Download
    0

Embed Size (px)

DESCRIPTION

Concluding Regional Workshop on Methodologies to Assess Socio-economic Impacts of Natural Disasters 19-21 October 2005, Bangkok. Sri Lanka. D.M.Rupasinghe Senior Economist Central Bank of Sri Lanka. 1. The country and the economy. Land area of 65,610 sq. km. - PowerPoint PPT Presentation

Text of Sri Lanka. D.M.Rupasinghe Senior Economist Central Bank of Sri Lanka

  • Concluding Regional Workshop on Methodologies to Assess Socio-economic Impacts of Natural Disasters 19-21 October 2005, Bangkok.Sri Lanka. D.M.RupasingheSenior EconomistCentral Bank of Sri Lanka.

  • 1. The country and the economy. Land area of 65,610 sq. km. Population of 19.5 million in 2004. The population density is about 310 persons per square kilometer by end of 2004.

  • Key social indicatorsLiteracy rate : 93 per cent Life expectancy: 73 years net primary enrolment :97 per cent Infant mortality: 11.2 per 1,000 live births-2003Maternal mortality 0.1 per 1,000 live births

  • HDI ranks 96th place among 177 countriesPer capita income: US dollars 1,031 in 2004. Average economic growth: around 5 per cent since 1977.

  • Economic Growth

    First half of 2005: 5.1 per centExpected growth in 2005: 5.3 per cent. First quarter 2005: 4.4 per centSecond quarter 2005 6 per cent

  • Sheet1

    Table 1

    Hydro-Meteorological Disasters

    (Type of disaster and Occurence )

    Type of DisasterOccurence

    FloodsAnnually

    DroughtsAnnually

    LandslidesCommon with intense rainfall

    Cyclones2003 May causing severe floods

    TsunamisFor the first time in Sri Lanka

    on 26 December 2004

    EarthquakesOnly tremors of very small magnitude

    VolcanoesPrehistoric

    TornadosNever

    Sheet2

    Table 2

    Natural Disasters in Sri Lanka - 1993 to 2004

    YearNo. ofDamagedNo. of AffectedExpendiiture

    DeathsHousesFamiliesfor Disasters

    19933642,468237,73743,726,604

    19941852,927357,33340,156,807

    1995111,70791,92155,288,253

    1996139,343216,208452,002,869

    1997193,608466,153318,089,287

    199857,93738,002106,665,779

    199993,803167,416145,994,839

    20001586,845257,68265,398,998

    2001611,445458,008506,214,166

    200225,11220,20128,389,474

    200325437,227140,3101,740,153,392

    20043172362,400257,625

    Source: Dept. of Social Services

    Sheet3

    Annex 1

    Table 3

    Investment Needs for the Post-Tsunami Reconstruction Strategy

    Table 1: Gross National Product at Constant (1996) Prices

    Programme/ProjectRequiredValue (Rs. Mn.)Share of GDP (%)

    Investment (US$ mn)2003(a)2004(b)2003(a)2004(b)

    Road Development353Agriculture176,45017518219.017.9

    Rail Transport313Agriculture137,150135,29714.713.8

    Telecommunication18Forestry16,88717,1071.81.7

    Water Supply and Sanitation205Fishing22,41222,7792.42.3

    Electricity115

    Ports22Industry Sector246,417259,25626.526.5

    Education170Minning & Quarrying15,69916,9461.71.7

    Health100Manufacturing151,951159,69616.316.3

    Housing and Urban Development400Construction64,11568,3326.97.0

    Fisheries200Electricity, gas and water14,65114,2821.61.5

    Livelihood and Micro Financing157

    Tourism58Services Sector507,191545,48754.555.7

    Environment30Transport, storage and communication125,538142,67913.514.6

    Culture and Religion13Wholesale and Retail Trade and Hotels and Restaurants206,507218,92422.222.3

    Agriculture10Financial services, Real Estate and Business Services108,578114,71711.711.7

    Total2,164Public Administration, Other Government Services and

    Defence and other Community, Social and

    Personal Services66,56869,1667.27.1

    Gross Domestic Product (GDP)930,057979,925100.0100.0

    Net Factor Income from Abroad-9,468-11,300

    Gross National Product (GNP)920,588968,625

    Source: Central Bank of Sri Lanka

  • 2. Introduction.

    Sheet1

    Table 2

    Hydro-Meteorological Disasters

    (Type of disaster and Occurence )

    Type of DisasterOccurence

    FloodsAnnually

    DroughtsAnnually

    LandslidesCommon with intense rainfall

    Cyclones2003 May causing severe floods

    TsunamisFor the first time in Sri Lanka

    on 26 December 2004

    EarthquakesOnly tremors of very small magnitude

    VolcanoesPrehistoric

    TornadosNever

    Sheet2

    Table 2

    Natural Disasters in Sri Lanka - 1993 to 2004

    YearNo. ofDamagedNo. of AffectedExpendiiture

    DeathsHousesFamiliesfor Disasters

    19933642,468237,73743,726,604

    19941852,927357,33340,156,807

    1995111,70791,92155,288,253

    1996139,343216,208452,002,869

    1997193,608466,153318,089,287

    199857,93738,002106,665,779

    199993,803167,416145,994,839

    20001586,845257,68265,398,998

    2001611,445458,008506,214,166

    200225,11220,20128,389,474

    200325437,227140,3101,740,153,392

    20043172362,400257,625

    Source: Dept. of Social Services

    Sheet3

    Annex 1

    Table 3

    Investment Needs for the Post-Tsunami Reconstruction StrategyGross National Product at Constant (1996) Prices

    Programme/ProjectRequiredValue (Rs. Mn.)Share of GDP (%)

    Investment (US$ mn)2003(a)2004(b)2003(a)2004(b)

    Road Development353Agriculture176,45017518219.017.9

    Rail Transport313Agriculture137,150135,29714.713.8

    Telecommunication18Forestry16,88717,1071.81.7

    Water Supply and Sanitation205Fishing22,41222,7792.42.3

    Electricity115

    Ports22Industry Sector246,417259,25626.526.5

    Education170Minning & Quarrying15,69916,9461.71.7

    Health100Manufacturing151,951159,69616.316.3

    Housing and Urban Development400Construction64,11568,3326.97.0

    Fisheries200Electricity, gas and water14,65114,2821.61.5

    Livelihood and Micro Financing157

    Tourism58Services Sector507,191545,48754.555.7

    Environment30Transport, storage and communication125,538142,67913.514.6

    Culture and Religion13Wholesale and Retail Trade and Hotels and Restaurants206,507218,92422.222.3

    Agriculture10Financil services, Real Estate and Business Services108,578114,71711.711.7

    Total2,164Public Administration, Other Government Services and

    Devence and other Community, Social and

    Personal Services66,56869,1667.27.1

    Gross Domestic Product (GDP)930,057979,925100.0100.0

    Net Factor Income from Abroad-9,468-11,300

    Gross National Product (GNP)920,588968,625

    Source: Central Bank of Sri Lanka

  • Sheet1

    Table 1

    Hydro-Meteorological Disasters

    (Type of disaster and Occurence )

    Type of DisasterOccurence

    FloodsAnnually

    DroughtsAnnually

    LandslidesCommon with intense rainfall

    Cyclones2003 May causing severe floods

    TsunamisFor the first time in Sri Lanka

    on 26 December 2004

    EarthquakesOnly tremors of very small magnitude

    VolcanoesPrehistoric

    TornadosNever

    Sheet2

    Table 3

    Natural Disasters in Sri Lanka - 1993 to 2004

    YearNo. ofDamagedNo. of AffectedExpendiiture

    DeathsHousesFamiliesfor Disasters

    19933642,468237,73743,726,604

    19941852,927357,33340,156,807

    1995111,70791,92155,288,253

    1996139,343216,208452,002,869

    1997193,608466,153318,089,287

    199857,93738,002106,665,779

    199993,803167,416145,994,839

    20001586,845257,68265,398,998

    2001611,445458,008506,214,166

    200225,11220,20128,389,474

    200325437,227140,3101,740,153,392

    20043172362,400257,625

    Source: Dept. of Social Services

    Sheet3

    Annex 1

    Table 3

    Investment Needs for the Post-Tsunami Reconstruction StrategyGross National Product at Constant (1996) Prices

    Programme/ProjectRequiredValue (Rs. Mn.)Share of GDP (%)

    Investment (US$ mn)2003(a)2004(b)2003(a)2004(b)

    Road Development353Agriculture176,45017518219.017.9

    Rail Transport313Agriculture137,150135,29714.713.8

    Telecommunication18Forestry16,88717,1071.81.7

    Water Supply and Sanitation205Fishing22,41222,7792.42.3

    Electricity115

    Ports22Industry Sector246,417259,25626.526.5

    Education170Minning & Quarrying15,69916,9461.71.7

    Health100Manufacturing151,951159,69616.316.3

    Housing and Urban Development400Construction64,11568,3326.97.0

    Fisheries200Electricity, gas and water14,65114,2821.61.5

    Livelihood and Micro Financing157

    Tourism58Services Sector507,191545,48754.555.7

    Environment30Transport, storage and communication125,538142,67913.514.6

    Culture and Religion13Wholesale and Retail Trade and Hotels and Restaurants206,507218,92422.222.3

    Agriculture10Financil services, Real Estate and Business Services108,578114,71711.711.7

    Total2,164Public Administration, Other Government Services and

    Devence and other Community, Social and

    Personal Services66,56869,1667.27.1

    Gross Domestic Product (GDP)930,057979,925100.0100.0

    Net Factor Income from Abroad-9,468-11,300

    Gross National Product (GNP)920,588968,625

    Source: Central Bank of Sri Lanka

  • The tsunami on 26 December 2004. The death toll was over 38,000 persons, second highest after Indonesia. 21,441 people injured Over 5000 are reported missing Nearly one million have been displaced.

  • In terms of total value of damage

    The third most affected country (US dollars 1,454 million).

  • In term of GDP

    Second highest damage (7.6 per cent).

  • Required financial assistanceThe total cost of required relief, rehabilitation and reconstruction is estimated to be around US dollars 2 billion for a period of 3-5 years.

  • Sheet1

    Table 1

    Hydro-Meteorological Disasters

    (Type of disaster and Occurence )

    Type of DisasterOccurence

    FloodsAnnually

    DroughtsAnnually

    LandslidesCommon with intense rainfall

    Cyclones2003 May causing severe floods

    TsunamisFor the first time in Sri Lanka

    on 26 December 2004

    EarthquakesOnly tremors of very small magnitude

    VolcanoesPrehistoric

    TornadosNever

    Sheet2

    Table 2

    Natural Disasters in Sri Lanka - 1993 to 2004

    YearNo. o