President’s COVID-19 fund vested with wide responsibilities

2020-03-27 at 07:15

The President’s Media Division says the “COVID – 19 Healthcare and Social Security Fund” established by President Gotabaya Rajapaksa last Monday to strengthen the mitigation activities aimed at controlling the spread of COVID-19 in the country and related social welfare program, have been vested with a set of wide responsibilities.

Creating the Fund President Rajapaksa donated Rs. 100 million from the President’s Fund for these purposes.

A special account had been opened at the Corporate Branch of the Bank of Ceylon under the account number of 857-373-73.

The Fund has been set up to meet the following objectives.

  • To provide immediate funding requirements of the Director General, Health Services to meet all expenditures connected with COVID-19 related healthcare facilities including drugs, testing equipment and capacity expenses.
  • To meet expenses connected to healthcare and the safety of health sector employees and all logistic providers working to provide essential public delivery services.
  • To provide basic essentials to children, women, low income, elderly, differently abled and vulnerable people.
  • To mobilize required funding to strengthen public healthcare systems, including village and remote area dispensaries, testing and treatment centers, family healthcare systems and further consolidate Sri Lanka’s public healthcare system to reduce the risk of communicable diseases.
  • To assist indigenous medicine, sanitary product manufacture and distribution, promote research to use resources, knowledge and skills to innovate new health and sanitation products based on local raw materials.
  • To promote research and innovation using Sri Lanka’s medical and scientific knowledge and experience to develop protective clothing and sanitation products to the global market.
  • To promote healthy living with organic food consumption, valuing traditional, yet rich living styles, through media and educational programs.
  • To coordinate fundraising with WHO, UNICEF, UNDP, World Bank, ADB and Sri Lanka’s major development partner community and agencies based on best guidelines for resource allocations, harmonized national procurement system and governance practices.

The Fund will be managed under a management committee consisting of relevant Line Ministry Secretaries, Bankers, Financial Analysts and Health authorities.


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