Cash boost for Sri Lanka

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US to give Sri Lanka $39mn in maritime security aid

The United States government is to give Sri Lanka about $39 million in Foreign Military Financing under its Bay of Bengal maritime security initiative, the US embassy in Colombo said.

The US is to hold talks with the Sri Lankan government on how the funds, which are pending Congressional approval, can support its Bay of Bengal initiative and Sri Lanka’s humanitarian assistance and disaster response priorities.

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Source: economynext.com

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