Sri Lanka Eu economy crisis Provident Sri Lanka Eu

EU to provide Rs. 74 Mn in humanitarian funding

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COLOMBO (News 1st); The European Union is providing €200,000 (over 74 million Sri Lankan rupees) in humanitarian funding for essential assistance to 80,000 poor families across all 25 districts of Sri Lanka.Ambassador Chaibi said: “This relief assistance is crucial for the most vulnerable people in the country.

By addressing the current needs now, the EU is trying to minimize the impact that the deteriorating economy will continue to have on people’s life.”The European Union (EU) is providing €200,000 (over 74 million Sri Lankan rupees) in humanitarian funding for essential assistance to 80,000 poor families across all 25 districts of Sri Lanka.The current political and economic crisis has resulted in shortages of essential commodities, including of medicines, and has reduced the ability of thousands of families to cater for their basic needs.

Many children have also seen their education disrupted due to power cuts and lack of stationery items.The EU funding will support affected families with multi-purpose cash grants that will help with first aid, medical supplies and school packs for children.

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