Annual Report 2010 - Ministry of Finance and Planning

2 | FISCAL DEVELOPMENT50 kg bag. The government incurredRs. 26,028 million in 2010 under thisprogramme.Public Investment 2The public investment programme,covering all the areas of the economy,continued its accelerated pace in 2010.The development challenges the countryhad to face in 2010 were twofold.- Firstly, continuation ofthe medium to long-termreconstruction strategy of theareas affected by the terroristinsurgency.- Secondly, successful completionof the massive infrastructuredevelopment initiative that hasbeen strategically identified whileimplementing regional and ruraldevelopment projects.The government achieved asignificant progress in terms ofimplementing the post insurgencyrecovery programme in 2010.Reconstruction and rehabilitationof the basic economic and socialinfrastructure such as roads,electricity, schools, hospitals, courthouses, administrative facilities, policeposts, drinking water, irrigation andlivelihood programmes were carriedout to bring the day to day life ofaffected areas back in to normalas work towards the realization ofa ‘mine threat free’ Sri Lanka andcomplete resettlement of internallydisplaced persons (IDPs) werethe critical targets. Accordingly,a significant progress was madein the de-mining programme. Thegovernment was able to resettle277,351 IDPs while about 17,785displaced persons remained in thewelfare centers by April 2011. Inparallel to these, a massive mediumto long-term reconstructionprogramme was commenced toeconomically transform the areasaffected by the insurgency.Meanwhile, other infrastructuredevelopment initiatives were alsocarried out giving the priority tocontinuing ongoing developmentprojects. In 2010, the countrywitnessed a steady progress in theconstruction of power plants, sea& airports, expressways, the roadnetwork & bridges, new irrigationschemes, large scale water supplyprojects, schools, universities,hospitals, stadiums, conventioncentres and several otherinfrastructure investments initiatedunder the ‘Randora’ programme.The expenditure on publicinvestment programme in 2010 wasRs. 356.5 billion.Chart 2.11 > Public Investment400350300Rs. billion2502001501005002005200620072008200920102For a detailed analysis on public investment, please refer to Chapter 1 of this publication.160