Support through IMF if agreement reached – US Envoy

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US Ambassador to Sri Lanka Julie Chung said her country will redouble its efforts to support Sri Lanka along the path of its ongoing efforts like financing SMEs, fertiliser and seeds for farmers, education exchange and training to strengthen public financial management, as well as support through the International Monetary Fund (IMF), if an agreement can be reached.

Speaking at the US-Sri Lanka Business Council on ways US and Sri Lanka businesses can collaborate to ensure Sri Lanka gets back on a path to prosperity, she added that the bilateral trade already supports more than 180,000 workers supplying exports to the US and contributing billions to the Sri Lanka economy.

 United States, on 26 August through the US Department of Agriculture (USDA) and in partnership with Save the Children, donated 320 metric tons of split yellow peas to nourish schoolchildren across Sri Lanka.

The donation is part of a larger one of 3,000 metric tons of food. Ambassador Chung said the donation of food items will nourish schoolchildren most at risk of hunger. The donation is part of larger US efforts to help all Sri Lankans emerge from the worst economic crisis since independence.

Also recently, the Department of State funds a three-year regional project, implemented by WEConnect, on “Women’s Empowerment through Economic Inclusion.”  

By Sulochana Ramiah Mohan