July 17, 2022
1 min read

G7 vows US$ 14 billion aid for crisis-hit Lanka

Sri Lanka’s average paddy production which is usually 24 million metric tonnes reduced to 16 million metric tonnes in 2021…reports Asian Lite News

Sri Lankan acting President Ranil Wickremesinghe has revealed that the G7 alliance on global food crisis has offered the country US$ 14 billion aid to spend on food.

During an international conference on food security, acting President Wickremesinghe said, “The G7 global alliance on food security of which World Bank is also a member had offered us US$14 billion to acquire food. We are grateful to them. The government has also embarked on a good security programme.”

Sri Lanka’s average paddy production which is usually 24 million metric tonnes reduced to 16 million metric tonnes in 2021, due to which it will have to import one third of its need for rice but the exchange rate crisis prevents this, Daily Mirror reported quoting the acting President.

He said high inflation has put food out of reach of people.

Claiming that war in Ukriane and sanctions imposed by EU are affecting Sri Lanka, he called for resolving the issues between the warring nations peacefully.

ALSO READ: Lanka to implement urgent food, fuel relief programme

Previous Story

Your lawyers are causing trouble, Musk warns Parag Agrawal

Next Story

Pak PM Shehbaz has a warning for public ahead of by-polls

Latest from -Top News

Torkham opens partially

Pakistan eases its three-week border shutdown with Afghanistan to allow refugee returns, but trade remains halted as fragile ceasefire diplomacy struggles to contain wider tensions. Pakistan has partially reopened the Torkham border

Hasina named ‘fugitive’ in sedition case

Sheikh Hasina declared a fugitive in a sedition case as Bangladesh’s interim government faces escalating legal, political and constitutional uncertainty over the promised national election. Bangladesh’s tumultuous political landscape spiralled further on

JD Vance doubles down on conversion stance

Earlier, Usha Vance ruled out religious conversion for herself….reports Asian Lite News US Vice President JD Vance defended his earlier statement, in which he expressed a hope that his Hindu wife, Usha

Asia-Pacific leaders back inclusive trade

In a joint declaration, APEC leaders agree that trade should benefit everyone….reports Asian Lite News Following their regional forum meetings, Asia-Pacific leaders agreed on Saturday that trade and investment should advance in
Go toTop

Don't Miss

Lanka’s tryst with China, India

India’s help in time of dire need has not been

Special commemorative cover issued for Sita Temple by Lankan PM

The High Commission of India in Colombo noted that the