Japan to grant USD 3.5Mn emergency humanitarian assistance to SL

COLOMBO (News 1st); The Minister of Foreign Affairs of Japan, Hayashi Yoshimasa said that a decision was made to grant 3.5million USD in emergency humanitarian aid to support Sri Lanka. 

Speaking at a press conference, the Minister of Foreign Affairs said that in May, 3 million USD emergency grant was already provided, however, as the economic situation continued worsen even afterwards, a heightened need for humanitarian aid emerged. 

Therefore, this support will be going throgh the World Food Program, the International Red Cross, and the UNICEF in order to directly benefit the Sri Lankan citizens. 

Japan also agreed to host a creditor conference on behalf of Sri Lanka and its efforts to restructure debt.

In the meantime, India announced that it has planned to stop financial aid to Sri Lanka after the IMF bailout.