Sri Lanka crisis: Australia’s support to Sri Lanka in the midst of economic crisis, will give 50 million aid

Sri Lanka, which is facing an economic crisis, is facing acute shortage of food, fuel and many other things. The situation is such that only a few days of fuel are left in Sri Lanka. Meanwhile, Australia has extended a helping hand to Sri Lanka. Australia’s Foreign Ministry made a big announcement on Monday. Australia […]
 


Sri Lanka crisis: Australia’s support to Sri Lanka in the midst of economic crisis, will give 50 million aid

Sri Lanka, which is facing an economic crisis, is facing acute shortage of food, fuel and many other things. The situation is such that only a few days of fuel are left in Sri Lanka. Meanwhile, Australia has extended a helping hand to Sri Lanka. Australia’s Foreign Ministry made a big announcement on Monday. Australia will send 500 million to Sri Lanka to get out of the economic crisis, it will meet the needs of immediate food and health care.

Poor economic condition of Sri Lanka

Sri Lanka is currently facing its worst economic crisis in seventy years. This has led to shortage of food, medicine and fuel. The worst economic crisis in seven decades has led to a depleted foreign exchange in Sri Lanka. As a result, imports of essential commodities like fuel, medicines and fertilisers have come to a standstill.

Australia to send financial aid to Sri Lanka

“We will make an immediate contribution of USD 22 million under the World Food Program for emergency food assistance to help meet the daily nutritional needs of 3 million people in Sri Lanka,” the ministry said in a statement. Australia will also provide 23.23 million as development assistance to Sri Lanka in 2022-23.

The Australian Foreign Ministry said it has close and longstanding relations with Sri Lanka. “Not only do we want to help the people of Sri Lanka in their time of need, but if this crisis continues, it will have far-reaching consequences for the region,” the statement said. We will support health services and economic recovery. Along with this, special emphasis will be given on the safety of women and girls.

Australian Home Minister arrives in Sri Lanka

The aid was announced on Monday by Australian Interior Minister Claire O’Neill during a visit to the country. The visit is taking place to mark the 75th anniversary of the establishment of diplomatic relations between the two countries. O’Neill met with Sri Lankan President Gotabhaya Rajapaksa to discuss how Australia can help Sri Lanka through its economic struggles and engaging in human trafficking.