economic crisis in Sri Lanka

Crisis-Hit Lanka Seeks India’s Help To Secure Bridging Finance

  NEW DELHI: Sri Lanka has sought India’s assistance in garnering international support to secure bridging finance as it negotiates a bailout package with the International Monetary Fund (IMF) to mitigate the island nation’s worsening economic crisis, its embassy said. The issue of securing bridging finance as well as the IMF economic packet came up […]

India Sends 11,000 MT Of Rice To Sri Lanka Ahead Of New Year

NEW DELHI: Another tranche of 11,000 metric tonnes of rice from India reached Sri Lanka, amid the Island nation’s economic catastrophe. The aid reaches at a time when Sri Lanka is expected to celebrate Sinhalese and Tamil New Year on April 13 and 14. Prior to this, 16,000 metric tonnes of rice was supplied by […]