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

India’s precision strikes and biased Western narrative

The reluctance by the western media to clearly articulate India’s superior performance is a reflection of a broader tendency in Western journalism to avoid acknowledging India’s growing military sophistication, writes Dr Rakesh Sharma

Trump rules out trade talks with India

According to US officials, the initial 25% tariff came into effect on 7 August. The additional levy will take effect in 21 days and apply to all Indian goods entering US ports

India Powers Mauritius with E-Buses

It marked a major milestone, strengthening the green partnership under the development cooperation of both nations…reports Asian Lite News Indian High Commissioner Anurag Srivastava handed over the first batch of 10 electric

Finally, the vote is coming

Bangladesh sets February 2026 for historic general election, as Muhammad Yunus unveils sweeping reform agenda on uprising anniversary, pledging inclusive democracy and youth-driven political renewal. Bangladesh’s interim Chief Adviser Muhammad Yunus has

WFP’s $540m SOS for Afghanistan

Facing a deadly hunger crisis and climate shocks, Afghanistan pleads for urgent global aid as droughts, economic collapse and mass migration leave millions on the edge. Afghanistan is on the brink of
Go toTop

Don't Miss

AI, energy, Africa to be in focus of PM’s G7 visit

The prime minister is likely to hold a number of

Sri Lanka appreciates India’s continued support in maritime surveillance

The Donier-228 maritime surveillance aircraft will replace the one which