Food crisis: G7 alliance offers aid to Sri Lanka

by IANS |

Colombo, July 17 (IANS) Sri Lankan acting President Ranil Wickremesinghe has revealed that the G7 alliance on global food crisis has offered the country US$ 14 billion aid to spend on food.

During an international conference on food security, acting President Wickremesinghe said, "The G7 global alliance on food security of which World Bank is also a member had offered us US$14 billion to acquire food. We are grateful to them. The government has also embarked on a good security programme."

Sri Lanka's average paddy production which is usually 24 million metric tonnes reduced to 16 million metric tonnes in 2021, due to which it will have to import one third of its need for rice but the exchange rate crisis prevents this, Daily Mirror reported quoting the acting President.

He said high inflation has put food out of reach of people.

Claiming that war in Ukriane and sanctions imposed by EU are affecting Sri Lanka, he called for resolving the issues between the warring nations peacefully.

Latest News
LS polls: PM Modi to hold public meetings in Haryana, Delhi today Sat, May 18, 2024, 11:45 AM
K'taka CM reviews preparedness for rainy season; HM orders probe into police 'negligence' in Anjali murder case Sat, May 18, 2024, 11:35 AM
Jagan Mohan Reddy leaves for foreign tour Sat, May 18, 2024, 11:34 AM
After LS polls, Telangana parties now gearing up for key MLC by-poll Sat, May 18, 2024, 11:31 AM
Assam Trinamool moves ECI accusing CM Sarma of making 'hate speech' Sat, May 18, 2024, 11:29 AM
Congress, INDIA bloc winning people's confidence across the country: Shivakumar Sat, May 18, 2024, 11:28 AM
PM Modi slams Uddhav Thackeray for 'betraying Balasaheb & sacrifices of Shiv Sainiks' in Mumbai rally Sat, May 18, 2024, 11:28 AM
Trinamool moves ECI against Abhijit Gangopadhyay's remarks on Mamata Banerjee Fri, May 17, 2024, 05:19 PM
Govt-run ONDC facilitates 7.22 mn transactions in April, onboards over 5 lakh sellers Fri, May 17, 2024, 05:17 PM
Explained: What is Hepatitis A that is causing an outbreak in Kerala Fri, May 17, 2024, 05:16 PM
JSW Steel posts 64 pc decline in Q4 net profit at Rs 1,299 crore Fri, May 17, 2024, 05:15 PM
Man, who set afire French synagogue, neutralised Fri, May 17, 2024, 05:13 PM
Friend taken into custody after Kerala bridegroom accused of domestic violence flies out Fri, May 17, 2024, 04:50 PM
Russia reports over 100 Ukrainian drone attacks Fri, May 17, 2024, 04:11 PM
Two fake call centres busted in Punjab, 155 employees held Fri, May 17, 2024, 04:09 PM