India Unveils $450 Million Support Package for Sri Lanka’s Reconstruction Efforts

Date:

December 23, Colombo (LNW): India’s External Affairs Minister S. Jaishankar has announced a substantial financial assistance package worth US$ 450 million to support Sri Lanka’s ongoing reconstruction and recovery initiatives.

The package includes US$ 350 million in concessionary credit, aimed at funding development post-Ditwah catastrophe, along with a US$ 100 million grant to provide direct support for urgent needs.

Indian officials indicated that the assistance is designed to help strengthen infrastructure, restore essential services and ease economic pressures as Sri Lanka continues its recovery process.

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