US assistance for renewable energy projects

• US Ambassador Julie Chung praised Govt. decision to seek assistance from IMF
• Says it is important for the future of Sri Lanka
• President Gotabaya Rajapaksa details on economic regression
• Calls for US assistance to reach out to the IMF
• Asserts to provide relief to low-income earners, irrespective of any economic reforms

US Ambassador Julie Chung said that  the United States Agency for International Development (USAID) will provide credit facilities for renewable energy projects.

The Ambassador made these remarks when she called on President Gotabaya Rajapaksa at the Presidential Secretariat yesterday.

The Ambassador commended the assistance given by the Government during the visit of the US State Department’s Under Secretary for Political Affairs Victoria Nuland to Sri Lanka.

Explaining the reasons for the regression in the economy, the President said that he was looking forward to the support of the US in reaching out to the International Monetary Fund (IMF).

Chung also praised the Government’s decision to seek assistance from the IMF and said it was important for the future of Sri Lanka. 

President Rajapaksa stated that the steps will be taken to provide relief to low-income earners, irrespective of any economic reforms.

Secretary to the President Gamini Senarath, Principal Advisor to the President Lalith Weeratunga, Deputy Chief of Mission of the US Embassy in Colombo Martin Kelly and Chief Political and Economic Officer Susan Walke were also present at the discussion.