Sri Lanka pledges US$ 5 million to SAARC emergency fund | Daily News


Sri Lanka pledges US$ 5 million to SAARC emergency fund

 President Gotabaya Rajapaksa has pledged US$ 5 million to the COVID-19 emergency fund initiated for SAARC (the South Asian Association for Regional Cooperation) countries, a statement from the President’s Office said.

The statement said that the contribution to this fund was on a voluntary basis and such a fund was vital as the economies of each SAARC country were being severely affected by the strict measures each country has to adopt to keep the COVID-19 at bay.On March 15, SAARC leaders held a discussions via video conferencing to discuss ways of supporting each other during the outbreak of the disease in South Asia. Sri Lanka was especially affected as the island country’s tourism sector was just recovering from the terrorist attacks in April 2019.

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