# US with FAO announces $ 40 Mn funding for Lankan paddy farmers to buy TSP fertilizer – The Island

> USAID announced an additional $40 million, routed through FAO, to supply triple super phosphate and cash transfers to Sri Lankan paddy farmers. The funding targets the 2022-23 Maha and 2023 Yala seasons and is subject to Congressional approval.

- Date: 2022-09-12 · published 2022-09-12T12:00:00.000Z
- Category: policy · region Sri Lanka · magnitude low
- Page: https://feedsoft.ai/events/39897-us-with-fao-announces-40-mn-funding-for-lankan-paddy-farmers-to-buy-tsp
- Commodities: [TSP](https://feedsoft.ai/c/TSP.md)

## Why it matters

Donor-funded phosphate purchases add modest incremental demand for TSP in a small import market, with limited global price impact.

## Read by commodity

- TSP: bullish ▲

## Sources

- islandback.lankapanel.net: http://islandback.lankapanel.net/us-with-fao-announces-40-mn-funding-for-lankan-paddy-farmers-to-buy-tsp-fertilizer/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.