Philippines, Dec. 17 -- The Asian Development Bank (ADB) has launched a $40 million emergency assistance facility under its Trade and Supply Chain Finance Program (TSCFP) to support Sri Lanka's recovery from the devastation of Cyclone Ditwah. The facility will help finance essential imports, including food, medicines, and critical relief supplies, as the country rebuilds damaged infrastructure and livelihoods.This new facility is in addition to the $200 million in existing ADB TSCFP capacity for Sri Lanka. To rapidly scale up support, the program mobilized its longstanding risk partners, Munich Re and Swiss Re, to provide the additional backing required. The financing will be channeled through ADB TSCFP's network of six partner banks in Sri...