The ‘Palmyrah Fund’ which is to provide funding for the development of the North and the East, was launched at Temple Trees this morning under the patronage of Prime Minister Ranil Wickremesinghe, TNA MP R Sampanthan and Minister of Finance Mangala Samaraweera. State Minister Vijekala Maheshwaran and TNA MPs Dharmalingam Siddharthan and Selvam Adaikalanathan were also present at the event.