Sri Lanka will get 74.87 million US dollars from Rome-based World Food Program as part of efforts to eliminate hunger by 2023, the President’s media office said.
Amid a looming current fiscal crisis linked to cost of living crunch in the country’s vulnerable people wonder how much longer they can cope, as the Government battles the nation’s worst economic down turn since independence in 1948.
France, which is part of the Paris Club, is in talks with Sri Lanka’s creditors in an attempt to ensure a solution is reached for the financial crisis sooner than later in the wake of the third round of debt restructuring discussions with creditors.
Sri Lanka’s arduous road ahead for external debt restructuring saw some progress last week with the International Monetary Fund (IMF), requesting China to play its part and the biggest bilateral lender indicating willingness.