Sri Lanka says India to provide additional $500 million for fuel
Posted by ONLANKA Newsroom on April 21, 2022 - 6:24 am
An Uber driver waits at a fuel station to buy fuel in Colombo, Sri Lanka March 22, 2022. (REUTERS / Dinuka Liyanawatte)
India will provide an additional $500 million in financial assistance to Sri Lanka for it to buy fuel, Sri Lanka’s foreign minister told reporters on Wednesday, adding Bangladesh was also willing to postpone a $450 million in swap repayments.
“Assistance by the IMF will take about six months to come to us and it will come in tranches,” Sri Lankan Foreign Minister G. L. Peiris said. “During the intervening period, we need to find funds to keep our people supplied with essentials.”
(Reuters)
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The Beggar nation, My Dear Citizens !!!
74 years of independence, and that’s where we are thanks to the stupid leadership of multiple political parties.
Funny thing is: They don’t like the system existed 70 years. They don’t like a king either from the slogans I have heard over the last few years!!! LoL! LoL!