25.9 C
Accra
Monday, July 8, 2024
WorldEconomic woes: UN warns of worsening food crisis in Sri Lanka

Date:

Economic woes: UN warns of worsening food crisis in Sri Lanka

spot_img

UN agencies in Sri Lanka say they have raised $79 million in aid, but they need another $70 million to help the country’s growing poor.

According to the UN, the number of people in Sri Lanka who need immediate humanitarian assistance has more than doubled to 3.4 million, indicating a worsening food crisis in the south Asian island nation, which declared bankruptcy in July amid an unprecedented economic crisis.

- Advertisement -

UN agencies working in Sri Lanka said in a joint statement on Tuesday that they had raised $79 million to feed those in need, but that the growing number of poor people required an additional $70 million.

“Food insecurity in Sri Lanka has increased dramatically due to two consecutive seasons of poor harvests, foreign exchange shortages, and reduced household purchasing power,” the statement said.

- Advertisement -

UN agencies had estimated in June that 1.7 million out of the 22 million population in Sri Lanka required help.

- Advertisement -

The UN said its revised plan aims at feeding 2.1 million people, including pregnant mothers and school children and providing livelihood support to 1.5 million farmers and fishermen.

Worst crisis

Sri Lanka is facing its worst economic crisis since its independence from the United Kingdom in 1948 and has been enduring soaring inflation, power blackouts, and fuel rationing since last year.

The country defaulted on its $51bn external debt in mid-April and is in talks with the IMF for a $2.9bn bailout.

Months of protests against high prices and shortages of food and medicines led to the toppling of President Gotabaya Rajapaksa in July.

The UN has said that the poverty rate in the South Asian nation has doubled to 25.6 percent this year, up from 13.1 percent last year.

 

Latest stories

It’s been 7 years and I’m still a free man – Mahama jabs Akufo-Addo

Former President John Dramani Mahama, flagbearer of the National...

Akufo-Addo advocates culture of democracy amid “Democracy Cup” celebration

President Akufo-Addo has emphasized the crucial role of all...

Video: Actor LilWin shows scars from wounds he sustained after accident

Actor and comedian Kwadwo Nkansah ‘Lil Win’ has revealed...

Achimota School, State to pay over GHC600k in damages for death of student

Following a lengthy legal battle spanning seven years and...

Forgive Chef Smith, he has acknowledged his wrongdoing – Nacee

Gospel artist Nacee has issued a public apology to...

I will fix deteriorating football pitches, pay stipends to Premier League players – Mahama

The Flagbearer of the National Democratic Congress (NDC), John...

Ernest Nuamah secures a permanent transfer to French club Olympique Lyon

French Ligue 1 club Olympique Lyonnais has officially signed...

Related stories

John Cena to retire from wrestling in 2025

Renowned actor and wrestler John Cena has officially announced...

At least 16 dead after Israeli air strike on Gaza school

In a devastating incident at the Nuseirat refugee camp...

Titanic and Avatar producer dies at age 63

Jon Landau, the acclaimed producer behind some of the...

Italian archbishop and staunch critic of Pope Francis excommunicated

The Vatican has excommunicated Archbishop Carlo Maria Vigano, an...

Only the ‘Lord Almighty’ could convince me to quit – Biden

In a rare primetime interview with ABC News, President...

Pezeshkian elected as Iran’s president

Masoud Pezeshkian, a reformist, has been elected as the...

Hungary’s PM meets Putin in Moscow to discuss matters concerning Ukraine

Hungary's Prime Minister Viktor Orban visited Moscow for discussions...