2 August 2022 02:44 am Views - 6351
The UK government said that it is ‘closely monitoring the fast-moving situation, including the recent appointment of Prime Minister Ranil Wickremesinghe as President’ in Sri Lanka.
“The UK Government encourages all sides to find a peaceful, democratic, and inclusive approach to resolving the current political and economic challenges in Sri Lanka. We are closely monitoring the fast-moving situation, including the recent appointment of Prime Minister Ranil Wickremesinghe as President. We call on all parties to respect the rule of law, and refrain from violence and damage,” Minister of State (Foreign, Commonwealth and Development Office) Amanda Milling informed the UK Parliament.
In a written statement, she also said that the UK is providing economic support through multilateral institutions such as the World Bank (WB), and International Monetary Fund (IMF). “The UK has the joint fifth largest shares in the IMF, and is a major contributor to the UN and WB. The World Bank has announced assistance of US$400 million which includes funds to provide economic as well as health support,” she stated.
She also said that the UK has a significant voice in international debt fora. “We are working closely with fellow Paris Club members and multilateral organisations, including the World Bank, on solutions to Sri Lanka's debt crisis. We are also supporting the UN and its agencies in their coordinated response based on the UN's joint Humanitarian Needs and Priorities (HNP) Plan, launched on 9 June. This called for $47.2 million to provide life-saving assistance to 1.7 million people who are most at risk and need immediate support,” she added. (Sunil Jayasiri)