Sri Lanka Treasuries yield flat, peg steady

ECONOMYNEXT – The United Nations International Children’s Emergency Fund (UNICEF) and Rotary International have partnered to provide lifesaving medicines, clean drinking water, education materials, and other critical supplies to children and families in Sri Lanka, a UNICEF statement said.

“The partnership will capitalise on Rotary International’s global network along with the alumni of Sri Lanka’s leading schools to raise funds from the Sri Lankan community living overseas,” the statement, released on Tuesday August 23, said.

A fundraising page has been developed to generate the funds required, and once the adequate fund has been generated, the statement said, UNICEF will acquire essential medicines, medical equipment, water purifiers, and school stationery to support vulnerable communities facing shortages across the island.

Sri Lanka is experiencing its worst economic meltdown since Independence, which has resulted in severe shortages of essentials turning over to skyrocketing cost of living.

The UNICEF Sri Lanka Appeal calls for 25.3 million US dollars, out of which 26.58 percent will be spent on social protection, 24.8% on education and 23% on nutrition.

“Sri Lanka is among the top ten countries with the highest number of malnourished children and the numbers are expected to rise further,” the statement said.

Sri Lanka has the second-highest rate of acute malnutrition among children under five in South Asia.

In June 2022, Spokesperson for UNICEF Sri Lanka Bismarck Swangin told the media that he has worked with Somalia, Yemen and Sudan and said, that this is a crisis like none other.

The partnership was launched on Monday August 22 in Colombo by UNICEF Regional Director for South Asia George Laryea-Adjei and UNICEF Sri Lanka Representative Christian Skoog together with Zone Director of Rotary International A S Venkatesh and Sri Lanka Rotary District Governor Pubudu de Zoysa. (Colombo/Aug23/2022)

 


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