USAID to provide US$ 60 Mn assistance

Visiting USAID Administrator Samantha Power yesterday announced US$ 20 million in Humanitarian Assistance to Sri Lanka in addition to the US$ 40 million assistance to farmers announced on Saturday increasing the total allocation to the country since June to US$ 240 million. She said that the USAID will provide US$ 40 million assistance to the farmers who are facing unprecedented impact from the economic and agricultural crisis.

Daily News

2022-09-12

සබැඳි පුවත් සහ විශ්ලේෂණ

Government introduces new expenditure and relief t...

On 05 December 2024, the government presented supplementary estimates totalling LKR 219.4 billion for the year, which was not included in the original 2024 budget. Supplementary allocations are typically introduced to address unforeseen emer...

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Public debt grew more slowly in the first three qu...

Sri Lanka’s public debt rose at a slower pace in the first three quarters of 2024 compared to the same period in 2023. Whilst domestic debt and foreign increased, the growth was notably lower than in the previous year.

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SL exits ’Restricted Default’ rating

Fitch Ratings upgraded Sri Lanka's Long-Term Foreign-Currency IDR to 'CCC+' from 'RD' and the Local-Currency IDR to 'CCC+' from 'CCC-', citing reduced default risk after completing in...

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