USAID signs new five-year agreement with Sri Lanka

Building on the USAID Administrator Samantha Powers’s recent visit, US Ambassador to Sri Lanka Julie Chung announced recently that the United States, through USAID, would provide an additional estimated $65 million in assistance to Sri Lanka over a five-year period. The assistance falls under the Development Objectives Assistance Agreement (DOAG) signed by Gabriel Grau, Mission Director for USAID Sri Lanka and Maldives and Mahinda Siriwardena, Secretary, Ministry of Finance, Economic Stabilization and National Policies.

This funding is in addition to over $60 million of new humanitarian and fertilizer assistance that Administrator Power announced last week in response to the current economic and political crises in Sri Lanka

In celebration of the start of this new bilateral agreement, Ambassador Julie Chung remarked, “The United States and the American people are proud of our enduring and robust partnership with the people and government of Sri Lanka. We remain fully committed to supporting locally led initiatives to advance a stable, prosperous, and peaceful Sri Lanka – critical to promote a free and open Indo-Pacific in which all nations are connected, prosperous, resilient, and secure.”