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Sri Lanka’s COVID-19 response: saving lives today, preparing for tomorrow

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On March 11, 2020, the World Health Organization (WHO) declared COVID-19 a global pandemic. Sri Lanka was extremely vulnerable to the spread of the virus because of its thriving tourism industry and large expatriate population. The first case was detected on January 27, 2020 and the first Sri Lankan national tested positive for COVID-19 on March 10, 2020. In response, the government of Sri Lanka rapidly introduced measures to curb the spread of the disease and imposed a strict island-wide lock-down on March 16, 2020. Infected patients were treated in secure environments, testing and contact tracing efforts were quickly escalated, and awareness raising campaigns on risk and prevention measures were implemented. Already facing fiscal constraints, the pandemic placed additional resource demands on the country. The challenge was to quickly coordinate the mobilization of financial, technical and procurement support to contain the pandemic.

Approach

Within this context, the World Bank responded quickly, leveraging the dedicated COVID-19 Fast-Track Facility, to mobilize resources and prepare the project in just 10 working days. Recognizing the limited availability of the health authorities for separate detailed design discussions, strategies and project priorities were built on gaps and needs outlined in the Health Disaster Preparedness, Response and Recovery plan that was being developed by the Ministry of Health (MoH) and development partners including WHO, World Bank and Asian Development Bank (ADB), among others. This approach allowed for swift preparation, while ensuring coordinated financing support by multiple partners. Bank financing was used to fill resource gaps and to supplement and scale up Sri Lanka’s pandemic management strategy.

The project adopted a flexible approach to respond to urgent health needs, enabling reimbursement for routine goods and operating expenditures for facilities that were engaged in the COVID-19 response. This helped identified facilities to quickly upgrade their wards to make them COVID-ready. Flexibility to use ongoing government procurement methods (adopting the principles of advance procurement) were provided for the first three months following project signing.

Activities were also initiated to strengthen the National Emergency Operation Unit and its island wide network. For better preparedness, selected hospitals are now being developed as medical centers for current and future pandemic situations, and the existing laboratory system is being strengthened. The project is also helping to develop the country’s infection control and surveillance systems and supporting epidemiological studies on the patterns of transmission, and on community response and behavior. This research will underpin long-term plans and strategies on pandemic management.

The World Bank also provided additional financial resources in the form of cash transfers to high-risk populations including the elderly and disabled and patients with chronic diseases. This social sector response was in addition to the health sector response to manage vulnerabilities that emerged due to COVID-19.

The project will also strengthen mental health services and services for victims of gender-based violence (GBV) at the community level especially during emergency situations. These activities will be implemented with support of a grant from the Pandemic Emergency Financing Facility (PEF).

Results

Within six months of project implementation, World Bank financing—both through the International Development Association (IDA) and the International Bank for Reconstruction and Development (IBRD)—has contributed to the following results between March and October 2020:

As of October 1, 2020, there were a total of 3,380 confirmed COVID-19 cases in Sri Lanka, with 3,233 fully recovered and 13 deaths. The spread of COVID-19 has been limited to 18 out of 26 districts in the country, with 8 districts having no reported cases. Even among the 18 districts with COVID-19 cases, the caseload is concentrated in 6 districts, with the majority of cases in the district of Colombo, the capital city. In the remaining 12 districts there are fewer than 10 cases per district. This relatively low COVID-19 morbidity and mortality number reflects the government’s strong and rapid response and effective implementation of the ‘test, track, isolate and treat’ strategy supported through this project.

300,000 units of PPE have been procured and delivered, along with essential medical consumables (‘treat’); 32 quarantine centers are up and running across country (‘isolate’); and 250,000 PCR test kits have been procured through the project, facilitating testing randomly at outpatient departments, in community settings and at ports of entry (‘test’).

805 public health inspectors have been provided with motor bikes to travel to conduct contact tracing; and double cabs (pick-up trucks) have been provided to 25 offices of the Regional Director of Health Services (RDHS) to enhance grassroots community outreach (‘track’).

Plans for transforming select hospitals into 9 provincial case management centers and 25 district level suspected case management centers covering all parts of the country are underway. The preliminary design stage has been completed and site inspections are currently ongoing. The centres are expected to be refurbished with dedicated isolation wards, robust infection control and waste management systems and upgraded laboratory facilities.

Preliminary work on establishing a Bio Safety Level 3 laboratory at the Medical Research Institute (MRI) has been initiated.

699,915 vulnerable populations, which include the elderly, disabled and those with chronic kidney disease from low income households benefited from social cash transfers in the months of April and May 2020.

Bank Group contribution

The World Bank has provided $217.56 million in financing for the project. This includes a $35 million loan from the International Bank for Reconstruction and Development (IBRD), $180.84 million from the International Development Association (IDA), and a grant of $1.72 million from the Pandemic Emergency Financing Facility (PEF).

Partners

Sri Lanka’s COVID-19 management strategy is led by the Ministry of Health, and is being implemented with support from a network of development partners including WHO, UNICEF and other United Nations agencies. The Bank has actively participated in the Emergency Health Cluster meetings, chaired by the WHO, and is also Co-Chair of the Health Development Partner Working Group, which will be coordinating the medium- to long-term plans for health preparedness. UNICEF has also been contracted under the project to support the Ministry of Health in the procurement of essential medical consumables and PPEs. The regular dialogue and coordination with the partner network has helped prevent duplication and has enabled the Bank to identify the gaps in the country’s emergency response strategy and to address these gaps through the project. This is strengthened by the close working relationship with the Ministry of Health, established through the previous and ongoing projects including the Primary Health Care Systems Strengthening Project (PSSP).

Since 2004, the World Bank has funded two major health sector development projects in Sri Lanka, aimed at strengthening the health system service delivery, and quality of care, improving emergency treatment unit facilities, and preparing the system to respond to emerging health challenges. These investments have helped to strengthen the health service delivery network, which has been the cornerstone of Sri Lanka’s COVID-19 response strategy. Moving forward, the project will continue to develop emergency health care services at the secondary and tertiary levels, in line with national strategies and priorities, and will build capacities and establish emergency response systems, mechanisms and facilities that will benefit the population of Sri Lanka in years to come.

The activities will also complement the work being carried out under the ongoing Bank-funded PSSP project, which aims to strengthen healthcare service delivery at the primary care level. The COVID-19 project addresses health facilities beyond the primary care level, and in this way will support the continuum of care and overall health sector development plans financed by the government and the development partner network.

Beneficiaries

The project has benefited the entire population of Sri Lanka by supporting the emergency response, contributing to saving lives. While infected people, medical and emergency personnel and service providers, and high risk populations, such as the elderly, disabled and chronic kidney disease patients from low income households have benefited in particular; through population based preventive measures, the project has touched the lives of everyone in Sri Lanka. Further, by focusing on strengthening the capacity of the public health system throughout the country for future pandemic preparedness, it will continue to benefit the people of Sri Lanka.

English Brief : https://www.worldbank.org/en/results/2020/10/21/sri-lanka-covid-19-response-saving-lives-today-preparing-for-tomorrow

Sinhala Brief : https://www.worldbank.org/si/results/2020/10/21/sri-lanka-covid-19-response-saving-lives-today-preparing-for-tomorrow

Tamil Brief : https://www.worldbank.org/ta/results/2020/10/21/sri-lanka-covid-19-response-saving-lives-today-preparing-for-tomorrow

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Unlimited music streaming platform in Sri Lanka

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SLT-Mobitel, the nation’s ICT and Telecommunications Service Provider recently partnered with Spotify, to mark their launch in Sri Lanka. Spotify is a paid premium music streaming app which allows subscribers to listen to music to their hearts content. Both, SLT-Mobitel Post-Paid and Pre-Paid customers will now be able to enjoy Spotify by activating a monthly recurring subscription or one-time subscription plan and access unlimited music streaming and downloading facilities.

The subscription charges will get added to the user’s customary billing, where payment will be deducted in real time. Starting from the payment date, the user will be able to access Spotify and download their favourite songs, for the next 30 days. Users who sign up for their first monthly subscription will receive an additional one month, courtesy of Spotify. The one-month subscription plan is not applicable with one-time subscription plans. SLT-Mobitel data rates, depending on the user’s respective broadband charges, will apply.

Spotify also has some exciting features that will provide SLT-Mobitel customers with the opportunity to listen to ad-free music, access millions of uninterrupted music under one platform, play any song they like, anywhere they go, and also be able to enjoy their music offline.

SLT-Mobitel customers can select their preferred premium package under four categories; Individual, Duo, Family, Student. Each category has recurring and non-recurring plans. After one month of free streaming, the package will activate once the offer period terminates. While both, the Individual and Student premiums are limited to one account user, the Duo package offers two accounts and the Family premium is accessible through six accounts. To view Spotify plans, users can log on to https://spoti.fi/3aLWvce

 

 

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Sri Lanka using ‘sovereign power’ over economy: CB Governor

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by Sanath Nanayakkare

Anyone conversant with the elements of a political economy would know that Sri Lanka is using its ‘sovereign power’ to manage the different dynamics of the economy in a sustainable manner, Professor W. D Lakshman Governor of the Central Bank said on Wednesday.

“Some critics are saying that we adopt a so-called modern monetary theory. That’s not the case. In fact, Sri Lanka is using its sovereign power in a number of economic aspects to honour its external debt repayment commitments as well as to reduce its debt burden in the medium term as well as achieve resilient growth in the medium to long term, he said.

“We make policy decisions to boost our gross foreign reserves, meet our external debt servicing, to facilitate monetary expansion, to boost our GDP growth, to strengthen our current account balance and manage our domestic and external economic variables in a sustainable manner. This is not a modern monetary theory. This is an age-old tool used by central banks around the world when the circumstances demand it, he said.

“Certain trade-offs will be necessary when dealing with an economy which has a big fiscal gap to bridge. There are efforts to push Sri Lanka towards the IMF again which would in turn have influence on our policymaking. We have taken policy measures to stabilize the economy and we have adequate reserve levels to meet our debt repayments. Meanwhile, we are in negotiations with overseas central banks and multilateral agencies to further boost our reserve level and it would materialise within a matter of weeks,” he noted.

“One of the tools the Central Bank has introduced is in respect of repatriation of export proceeds into Sri Lanka and conversion of such proceeds into Sri Lankan rupees in order to strengthen the foreign exchange situation of the country,” he said.

The Governor made these remarks while delivering the keynote speech at a webinar organised by the Veemansa Initiative led by its Managing Director Luxman Siriwardene – the former Executive Director of Pathfinder Foundation.

The webinar revolved round the topic ‘External debt situation in Sri Lanka: Are we heading for a resolution or crisis?’

Professor Sirimal Abeyratne, Prof. Sumanasiri Liyanage, Dr. Nishan de Mel and Dr. Ravi Liyanage were the other speakers on the panel.

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CSE on the rebound; indices close positive

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By Hiran H.Senewiratne 

CSE produced signs of a rebound yesterday with both indices closing positive, though turnover remained low. Central Bank Governor W.D Lakshman’s recent statement on managing foreign reserves gave some boost to the market yesterday, stock market analysts said.

 The index experienced a zigzag movement within the early hours of trading; thereafter, it recorded a slight up-trend as it reached its intraday high of 7,439. Later, the market witnessed a down-trend at mid-day, followed by a sideways movement and closed at 7,372, gaining 43 points during the month of February, market sources said. 

It is said the banking sector dominated turnover with a contribution of considerable  parcel trades in Sampath Bank, Commercial Bank  and HNB.

Further, the Commercial Bank’s impressive quarterly results during the recent turbulent period also built investor  confidence. Commercial Bank was able to register a18 percent net interest income when other banks were reporting a decline. Its share price increased by Rs. 3 or 3.5 percent. On the previous day, its shares started trading at Rs. 85 and at the end of the day they moved up to Rs. 88. Due to the positive growth results, the bank announced a Rs. 4.40 dividend per share, plus a Rs. 2 script divergent for every share.

Further,  Sampath Bank shares also appreciated in both crossing and retail. In crossings its shares appreciated by Rs. 1.At the end of the day they moved up to Rs. 154.50. In the retail market, its shares moved up by Rs. 2 or 1.3 percent. Previously, its shares fetched Rs. 154 and at the end of yesterday they moved up to Rs. 156.  

Amid those developments, both indices moved upwards. The All Share Price Index went up by 104.48 points and S and P SL20 rose by 67.78 points. Turnover stood at Rs. 3 billion with four crossings. Those crossings were reported in Sampath Bank, where 3.9 million shares crossed for Rs. 602.2 million, its share price being Rs. 154.50, HNB 375,000 shares crossed for Rs. 39.4 million, its shares traded at Rs. 105, Pan Asia Power 9.5 million shares crossed for Rs. 33.2 million, its shares traded at Rs. 3.50 and Access Engineering 1.2 million shares crossed for Rs. 28.2 million; its shares traded at Rs. 24.

In the retail market top five companies that mainly contributed to the turnover were, Expolanka Rs. 450 million (10 million shares traded), JKH Rs. 205 million (1.3 million shares traded), Browns Investments Rs. 199 million (34.9 million shares traded), Sampath Bank Rs. 191 million (1.2 million shares traded) and Dipped Products Rs. 137.7 million (2.8 million shares traded). During the day 101 million share volumes changed hands in 18046 transactions. 

During the day, Expolanka, the biggest contributor to the turnover, saw its share price appreciating by Rs. 6.20 or 15 percent. Its share price quoted on the previous day was Rs. 41 and at the end of trading yesterday it moved up to Rs. 47.

Sri Lanka’s rupee quoted wider at 193.50/195.50 levels to the US dollar in the spot next market on Thursday while bond yields remained unchanged, dealers said. The rupee last closed in the spot market at 194.50/195.00 to the dollar on Wednesday.

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