USAID pledges $60m of funding for Sri Lanka

It would provide $40m for fertiliser imports and $20m for humanitarian needs to tackle the country's deep financial crisis

Reuters
Published : 12 Sept 2022, 04:47 AM
Updated : 12 Sept 2022, 04:47 AM

The chief of the US Agency for International Development (USAID) on Sunday announced a $60 mln aid package for Sri Lanka.

USAID head Samantha Power said it would provide $40 mln for fertiliser imports and $20 mln for humanitarian needs to tackle the country's deep financial crisis.

Power, who is visiting Sri Lanka, added: ""I have come to convey that the United States stands with you during this unparalleled crisis."

Sri Lanka is facing acute shortages of essentials including food, fuel and medicines due to a lack of foreign currency needed to pay for imports.

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