header logo
Vallibel FD
Selan Bank
Latest
US pledges continued support to bolster Sri Lanka’s economy
Oct 08, 202404:54 PM
US pledges continued support to bolster Sri Lanka’s economy
Mobitel inner 1278

The United States has committed to providing essential support to strengthen Sri Lanka’s economy.

 

In a meeting held today (Oct 8) at the Presidential Secretariat in Colombo, Julie J. Chung, the US Ambassador to Sri Lanka, announced that support would be focused on fostering an export-driven economy in the country, the President’s Media Division (PMD) said in a statement.

 

Additionally, Ambassador Chung conveyed congratulations from US President Joe Biden to President Anura Kumara Dissanayake, delivered through Secretary to the President Dr. Nandika Sanath Kumanayake.

 

She also noted that the International Monetary Fund (IMF) and the United States Agency for International Development (USAID) are prepared to offer financial support to help enhance the economic prospects of Sri Lanka, the PMD said.

 

The United States has pledged both financial and technical support for President Anura Kumara Dissanayake’s initiatives aimed at preventing fraud and corruption, the statement mentioned.

 

The US has also expressed its commitment to assisting efforts for good governance and ensuring the security of Sri Lanka whenever needed.

 

Additionally, the United States supports the new president’s programs focused on developing renewable energy, fostering an export-oriented agricultural industry, and alleviating rural poverty, the statement added.

 

The US Ambassador has further noted that the current program providing lunches for rural schools will be expanded to include urban schools in the future.

 

The event was attended by USAID Deputy Director for Sri Lanka and Maldives, along with economic expert Christopher Gooch.

 

Meanwhile, posting on ‘X’ (formerly Twitter), the US Ambassador stated that from boosting farmers’ crop yields to strengthening Sri Lanka’s maritime security, the US-Sri Lanka partnership is driven by shared goals: improving lives, fostering economic growth, and ensuring regional stability.

 

 

 

 

 

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them (mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Comments

0
Comments are disabled

Note: Due to legal constraints, the Ada Derana Editorial team has taken a decision to disable comments on all articles concerning ongoing court procedures.

MostRead
Mobitel 1278
VideoStories
Adverse weather wreaks havoc across Sri Lanka; Showers to persist as low-pressure system develops

Adverse weather wreaks havoc across Sri Lanka; Showers to persist as low-pressure system develops

Promises, relief and concessions galore… President at Akuressa rally signals tax cuts in 2027 budget

Promises, relief and concessions galore… President at Akuressa rally signals tax cuts in 2027 budget

“Two kilos of paddy needed to buy a bar of soap”Farmers struggle as paddy prices fail to cover costs

“Two kilos of paddy needed to buy a bar of soap”Farmers struggle as paddy prices fail to cover costs

"Prices at the moment are quite high" Govt. weighs fuel price revision amid rising global oil prices

"Prices at the moment are quite high" Govt. weighs fuel price revision amid rising global oil prices

“Sri Lanka will meet its demise  if Namal assumes the presidency” – Sarath Fonseka

“Sri Lanka will meet its demise if Namal assumes the presidency” – Sarath Fonseka

Seat belt rule enforced from today;  Legal action against those who violate the law

Seat belt rule enforced from today; Legal action against those who violate the law

‘Govt. must not undermine the people's power’  – Opposition Leader Sajith Premadasa

‘Govt. must not undermine the people's power’ – Opposition Leader Sajith Premadasa

'Green paper' outlines proposals for development  – Ex-President Ranil Wickremesinghe

'Green paper' outlines proposals for development – Ex-President Ranil Wickremesinghe

Train services operate as usual despite railway strike;Safety concerns halt Badulla–Nanu Oya service

Train services operate as usual despite railway strike;Safety concerns halt Badulla–Nanu Oya service

“I’m not in parliament, so, I can’t take the responsibility” Ranil responds to concerns of youth

“I’m not in parliament, so, I can’t take the responsibility” Ranil responds to concerns of youth

President opens Anuradhapura Battery Energy Storage System; 10MW facility connected to national grid

President opens Anuradhapura Battery Energy Storage System; 10MW facility connected to national grid

Appeals Court to deliver decision  on Dilith Jayaweera’s writ petition on Sep. 30

Appeals Court to deliver decision on Dilith Jayaweera’s writ petition on Sep. 30

Railway unions warn strike action will intensify if govt fails to address issues

Railway unions warn strike action will intensify if govt fails to address issues

Rs. 145 million invested in youth research programme - PM Harini Amarasuriya

Rs. 145 million invested in youth research programme - PM Harini Amarasuriya

Met Dept. forecasts heavy rains in coming days, warns of possible floods and earth slips

Met Dept. forecasts heavy rains in coming days, warns of possible floods and earth slips

Lassana Flora