High-level US delegation in SL

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A high-level delegation representing the US Department of the Treasury and the US Department of State is in Sri Lanka. The visit started on 26 June and will end on 29 June, the US Embassy in Sri Lanka said.

Members of the delegation include Robert Kaproth, Deputy Assistant Secretary of Treasury for Asia and Ambassador Kelly Keiderling, Deputy Assistant Secretary of State for South and Central Asia, it said. The visitors will meet with a wide range of political representatives, economists, and international organisations. 

In the coming months, the US will continue to support Sri Lankans as they revive their economy, combat food insecurity and promote public health and education, the Embassy said.

In all their meetings, they will explore the most effective ways for the US to support Sri Lankans in need, Sri Lankans working to resolve the present economic crisis and Sri Lankans planning for a sustainable and inclusive economy for the future, the Embassy said.

“This visit underscores our ongoing commitment to the security and prosperity of the Sri Lankan people,” said US Ambassador to Sri Lanka, Julie Chung. “As Sri Lankans endure some of the greatest economic challenges in their history, our efforts to support economic growth and strengthen democratic institutions have never been more critical.”

Over the past two weeks, the US has announced US$ 120 million in new financing for Sri Lankan small and medium-sized businesses, a US$ 27 million contribution to Sri Lanka’s dairy industry, and US$ 5.75 million in humanitarian assistance to help those hit hardest by the economic crisis. The United States also committed US$ 6 million in new grants to provide livelihood assistance to vulnerable populations and technical assistance on financial reform that will help stabilise the economy. 

The United States also strongly supports Sri Lanka’s decision to seek assistance from the International Monetary Fund, which can provide the most durable resolution to the present crisis, the Embassy statement concluded. (PA)