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* High Level U.S. delegation arrives in Sri Lanka to address the economic crisis
Sun, Jun 26, 2022, 11:18 pm SL Time, ColomboPage News Desk, Sri Lanka.

June 26, Colombo: A high-level delegation representing the U.S. Department of the Treasury and the U.S. Department of State arrived in Sri Lanka Sunday with the objective to explore effective ways to assist the island nation in the face of its worst economic crisis.

Members of the delegation include Robert Kaproth, Deputy Assistant Secretary of Treasury for Asia, and Ambassador Kelly Keiderling, Deputy Assistant Secretary of State for South and Central Asia.

During the visit, the delegation will meet with a wide range of political representatives, economists, and international organizations.

In all their meetings, they will explore the most effective ways for the U.S. to support Sri Lankans in need, Sri Lankans working to resolve the current economic crisis, and Sri Lankans planning for a sustainable and inclusive economy for the future, the U.S. Embassy said.

The visit confirms the ongoing commitment of the United States to the prosperity and security of the people of Sri Lanka, US Ambassador to Sri Lanka Julie Chung said.

She said that “As Sri Lankans endure some of the greatest economic challenges in their history, our efforts to support economic growth and strengthen democratic institutions have never been more critical.”

Over the past two weeks, the U.S. has announced $120 million in new financing for Sri Lankan small and medium-sized businesses, a $27 million contribution to Sri Lanka’s dairy industry and $5.75 million in humanitarian assistance to help those hit hardest by the economic crisis.

 

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