India has pledged a USD 450 million reconstruction and recovery assistance package to support Sri Lanka’s post-disaster rebuilding efforts, Indian External Affairs Minister Dr. S. Jaishankar announced today.
Speaking at a joint media briefing, Dr. Jaishankar said he personally handed over a letter from Indian Prime Minister Narendra Modi to President Anura Kumara Dissanayake, formally conveying India’s commitment.
He explained that the proposed assistance comprises a USD 350 million concessional line of credit, along with USD 100 million in grant funding, aimed at supporting Sri Lanka’s recovery process.
Dr. Jaishankar noted that he held detailed discussions with the President on the extent of the damage caused by Cyclone Ditwah, with particular focus on ensuring the swift and effective delivery of the pledged support.
The announcement underscores India’s continued support for Sri Lanka during times of crisis and its commitment to strengthening bilateral cooperation.
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