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

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

Russian Navy Team Visits Kerala

A six-member Russian Navy delegation visited key Indian naval training establishments in Kerala as New Delhi and Moscow seek closer defence ties…reports Asian Lite News Desk A six-member Russian Navy delegation led

India, Visegrad-4 Reset Opens New European Front

India’s renewed engagement with the Visegrad-4 could strengthen ties with Central and Eastern Europe as the regional grouping seeks a fresh role…reports Asian Lite News Desk The meeting between External Affairs Minister

India, Cyprus Deepen Maritime Cooperation

India and Cyprus have held the first meeting of their Joint Maritime Committee, focusing on maritime cooperation, investment and green shipping…reports Asian Lite News Desk India and Cyprus have held the first

Jaishankar Meets Outgoing Bangladesh Envoy

External Affairs Minister S. Jaishankar met Bangladesh’s outgoing High Commissioner Riaz Hamidullah in New Delhi and appreciated his contribution to bilateral ties…reports Asian Lite News Desk External Affairs Minister S. Jaishankar on

Nepal Plans Period Leave for Women Workers

Nepal has proposed introducing menstrual leave for women civil servants as part of amendments to its federal civil service law….reports Asian Lite News Desk Nepal is considering introducing menstrual leave for women
Go toTop

Don't Miss

Ranil grants Diwali amnesty for 8 Tamil rebels

Former President Kumaratunga had consented to release the three prisoners

Lanka to exhaust $500 m credit line by India this month

There are negotiations going on currently to increase the credit