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Sunday, November 24, 2024

USAID pledges $60 million of funding for Sri Lanka

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COLOMBO: The chief of the US Agency for International Development (USAID) on Sunday announced a $60 million aid package for Sri Lanka.USAID head Samantha Power said it would provide $40 million for fertilizer imports and $20 million 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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