US guarantees credit facilities to Sri Lanka for renewable energy projects

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The United States has guaranteed Sri Lanka credit facilities for renewable energy projects.

US Ambassador to Sri Lanka Julie Chung said the US Agency for International Development (USAID) will provide credit facilities for renewable energy projects.

The Ambassador made the remarks when she visited President Gotabaya Rajapaksa at the Presidential Secretariat today.

The Ambassador hailed the government’s assistance during the visit of US State Department Undersecretary for Political Affairs Victoria Nuland to Sri Lanka.

Meanwhile, the president said he looked forward to the support of the United States to reach out to the International Monetary Fund.

Ms Chung welcomed the government’s decision to approach the International Monetary Fund and said it was important for Sri Lanka’s future.

President Rajapaksa said measures will be taken to provide relief to low-income people regardless of any economic reform.

Also present were Secretary to the President Gamini Senaath, Senior Advisor to the President Lalith Weeratunga, Deputy Chief of Mission of the US Embassy in Colombo Martin Kelly, and Political/Economic Director Susan Walke. (Colombo Official Gazette)



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