U.S. announces additional $5.75 Mn in response to Sri Lanka’s economic crisis
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JUN
21

U.S. announces additional $5.75 Mn in response to Sri Lanka’s economic crisis

U.S. announces additional $5.75 Mn in response to Sri Lanka’s economic crisis

The government of the United States has announced the third tranche of new funding today to address the immediate needs of people hardest hit by the economic crisis in Sri Lanka.


This humanitarian assistance, totalling USD 5.75 million, will provide cash assistance, short-term jobs, and agriculture supplies such as seeds directly to crisis-affected people to meet their basic needs, the U.S. Embassy in Colombo said in a press release.


This new grant funding through the U.S. Agency for International Development (USAID) builds on last week’s announcement of USD 6 million in grants through USAID and USD 120 million in new loans through the Development Finance Corporation (DFC) to meet the needs of Sri Lankans during the economic crisis.


Over the coming months, the United States plans to add to its significant ongoing investments and assistance projects in Sri Lanka that help the people of Sri Lanka meet their immediate and long-term needs, the embassy said further.

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