BR100 Decreased By (-0.15%)
BR30 Decreased By (-0.74%)
KSE100 Decreased By (-0.41%)
KSE30 Decreased By (-0.67%)
BECO 5.80 Decreased By ▼ -0.23 (-3.81%)
BML 58.03 Increased By ▲ 5.28 (10.01%)
BOP 33.85 Decreased By ▼ -0.40 (-1.17%)
CNERGY 8.15 Decreased By ▼ -0.01 (-0.12%)
DCL 11.77 Decreased By ▼ -0.57 (-4.62%)
FCCL 53.35 Decreased By ▼ -0.54 (-1%)
FCSC 5.40 Increased By ▲ 0.18 (3.45%)
FFL 17.89 Decreased By ▼ -0.14 (-0.78%)
FNEL 1.31 Increased By ▲ 0.01 (0.77%)
HUMNL 11.06 Increased By ▲ 0.06 (0.55%)
KEL 8.05 Decreased By ▼ -0.06 (-0.74%)
KOSM 5.45 Increased By ▲ 0.07 (1.3%)
MLCF 87.19 Decreased By ▼ -0.86 (-0.98%)
NBP 184.60 Decreased By ▼ -1.88 (-1.01%)
PACE 11.62 Increased By ▲ 0.90 (8.4%)
PAEL 40.31 Increased By ▲ 0.37 (0.93%)
PIAHCLA 26.10 Decreased By ▼ -0.07 (-0.27%)
PIBTL 17.09 Decreased By ▼ -0.23 (-1.33%)
PPL 228.40 Decreased By ▼ -4.38 (-1.88%)
PRL 34.59 Decreased By ▼ -0.36 (-1.03%)
PTC 67.35 Decreased By ▼ -0.21 (-0.31%)
SEARL 91.00 Increased By ▲ 0.07 (0.08%)
SSGC 26.90 Decreased By ▼ -0.27 (-0.99%)
TELE 8.53 Decreased By ▼ -0.04 (-0.47%)
THCCL 66.14 Increased By ▲ 6.01 (10%)
TPLP 9.29 Increased By ▲ 0.53 (6.05%)
TREET 24.59 Increased By ▲ 0.05 (0.2%)
TRG 71.69 Decreased By ▼ -0.06 (-0.08%)
WAVES 10.98 Increased By ▲ 1.00 (10.02%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)
World

UN warns of worsening food crisis in Sri Lanka

Published November 8, 2022 Updated November 8, 2022 06:32pm
By

COLOMBO: The United Nations Tuesday warned of a worsening food crisis in bankrupt Sri Lanka and said the number of people needing urgent humanitarian help had doubled to 3.4 million.

UN agencies had estimated in June that 1.7 million out of the 22 million population in Sri Lanka required help.

The UN agencies in Colombo in a joint statement said they had raised $79 million to feed those in need, but the increasing number of poor people meant they needed an additional $70 million.

“Food insecurity in Sri Lanka has increased dramatically due to two consecutive seasons of poor harvests, foreign exchange shortages, and reduced household purchasing power,” the statement said.

Sri Lanka is facing its worst economic crisis since independence from Britain in 1948 and has been enduring runaway inflation, power blackouts, and fuel rationing since last year.

Crisis-hit Sri Lanka targets $1.4 billion in tea earnings

The country defaulted on its $51 billion external debt in mid April and is in talks with the IMF for a $2.9 billion bailout.

Months of protests against high prices and shortages of food and medicines led to the toppling of president Gotabaya Rajapaksa in July.

The UN said its revised plan aims at feeding 2.1 million people, including pregnant mothers and school children and providing livelihood support to 1.5 million farmers and fishermen.

It also said that the poverty rate in the South Asian nation has doubled to 25.6 percent this year, up from 13.1 percent last year.

Comments

Comments are closed for this article.