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Relief funds transferred to Central Bank

There was a surge of donations from well-wishers from here and overseas to the President's Fund in the immediate aftermath of the December 26 disaster. The President's Office then set up a separate Fund for Disaster Relief at the People's Bank to receive these donations, states a Presidential Secretariat press release.

The Funds accrued as at January 17, 2005 to these two accounts have now been remitted to the Central Bank of Sri Lanka.

The total funds thus transferred from the President's Office are as follows:

* Special Disaster Relief Fund A/c. Rs. 162,791,538.72
* President's Fund A/c. 	    Rs. 44,212,218.49 
Total 				    Rs. 207,003,757.21

(Rupees Two hundred and seven million, three thousand and seven hundred and fifty-seven and cents twenty-one)

These funds have now been credited to the 'National Fund for Disaster Relief' opened at the Central Bank of Sri Lanka. All monies in this account will be utilised to fund the proposed rehabilitation and reconstruction program.

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