header logo
Asia asset finance
Mogo Academy
Latest
UK to provide lifesaving aid to most vulnerable in Sri Lanka
Sep 24, 202211:57 AM
UK to provide lifesaving aid to most vulnerable in Sri Lanka

The UK is providing urgent food and farming support to Sri Lankans hit hardest by the economic crisis, Lord Tariq Ahmad, the UK minister of state for the Middle East, South Asia, and the UN said on Friday (23).

 

More than one third of the people of the island-nation are struggling to eat and suffering from shortages of fuel, power, and medicines.

 

Sri Lanka has the fifth largest food price inflation in the world, up 93.7 per cent in August, with rice costing 150 per cent more than this time last year.

 

Lord Ahmad was to set out the UK’s life-saving support package of £3 million during a meeting with Sri Lankan foreign minister Ali Sabry at the UN General Assembly.

 

The funding will be delivered through Red Cross and UN partners. It will provide access to food, seeds, and tools to help grow crops as well as mental health care, including for survivors of sexual and gender-based violence.

 

“The UK stands by the people of Sri Lanka who are facing such a challenging time. The ongoing crisis is deeply concerning with so many in dire need of help,” Lord Ahmad of Wimbledon said.

 

“We are providing £3 million of lifesaving support to the most vulnerable and will continue to work with international partners to help Sri Lanka.”

 

The new funding is just part of the UK’s ongoing support to Sri Lanka.

 

The UK is already providing support through the UN Central Emergency Response Fund (CERF), the World Bank, and the Asian Development Bank.

 

The UK is the largest donor to the CERF, contributing more than $1.7 billion to the fund since its inception in 2006 and it has already provided $5 million to Sri Lanka.

 

The Asian Development Bank and World Bank are providing emergency assistance under a joint action plan to help reduce the impact of the economic crisis on the people of Sri Lanka.

 

 

 

MostRead
Mobitel Upahara
VideoStories
Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Sri Lanka's core issue is weak financial literacy” -Derana Deputy Chairman Laksiri Wickramage

“Sri Lanka's core issue is weak financial literacy” -Derana Deputy Chairman Laksiri Wickramage

Sarath Weerasekara writes to ARFRO on Suresh Sallay's behalf

Sarath Weerasekara writes to ARFRO on Suresh Sallay's behalf

Government puts up theatrics to avoid farmers' concerns – MP Dilith Jayaweera

Government puts up theatrics to avoid farmers' concerns – MP Dilith Jayaweera

‘We have no intention of following previous regimes’ – PM Harini Amarasuriya

‘We have no intention of following previous regimes’ – PM Harini Amarasuriya

Suresh Sallay treated at National Hospital for 12 days; Maligakanda Magistrate visits for inspection

Suresh Sallay treated at National Hospital for 12 days; Maligakanda Magistrate visits for inspection

Govt. launches island wide dengue control programmes; public urged to stay vigilant

Govt. launches island wide dengue control programmes; public urged to stay vigilant

Farmers stage protests urging govt. to purchase paddy at a fair price

Farmers stage protests urging govt. to purchase paddy at a fair price

Sugeeshwara Bandara arrested over allegations of misappropriating state funds

Sugeeshwara Bandara arrested over allegations of misappropriating state funds

'No one can influence public appointments'  Govt denies officials appointed at Cardinal’s request

'No one can influence public appointments' Govt denies officials appointed at Cardinal’s request

Crucial data on Suresh Sallay’s devices may prove innocence, claims Udaya Gammanpila

Crucial data on Suresh Sallay’s devices may prove innocence, claims Udaya Gammanpila

Yoshitha Rajapaksa released on bail following arrest by the Bribery Commission

Yoshitha Rajapaksa released on bail following arrest by the Bribery Commission

Political debate intensifies over Suresh Sallay detention and CID conduct

Political debate intensifies over Suresh Sallay detention and CID conduct

Lassana Flora