USAID pledges $60 million of funding for Sri Lanka

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.”

Anger over bloated new Sri Lanka government

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.