United States Treasury Secretary Mrs. Janet Yellen has informed President Ranil Wickremesinghe that she will provide support for debt restructuring in Sri Lanka.
The Treasury Secretary has also informed that the World Bank, Asian Development Bank and American financial institutions are working to provide support in accordance with the financial rules to solve the economic crisis faced by Sri Lanka.
Accepting President Ranil Wickremesinghe’s proposal for a coordination platform for Sri Lanka’s official bilateral creditors, the United States Treasury requests action in this regard.
The United States in accordance with its principles stands ready to join other members of the Paris Community, sharing with Sri Lanka the common goal of accelerating financial assurance.
And the US Treasury has pledged to continue to engage with other government agencies as well as the World Bank and Asian Development Bank to help the people of Sri Lanka.
The Treasury Secretary further informed that the United States has provided mutual support to the people of Sri Lanka by increasing the nutrition of school children, providing food vouchers for pregnant women and new mothers, and providing fertilizers and money to small and medium scale farmers to increase food production.
The United States Department of the Treasury has expressed its appreciation for the Sri Lankan government’s decision to seek assistance from the International Monetary Fund through an Extended Fund Facility (EFF).
