Sri Lanka says India to provide additional $500 million for fuel
Posted by Editor on April 21, 2022 - 6:24 am
![Uber driver waiting for fuel in Colombo, Sri Lanka](https://www.onlanka.com/wp-content/uploads/2022/03/uber-driver-waiting-for-fuel-in-colombo-sri-lanka.jpg)
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)
Latest Headlines in Sri Lanka
- Sri Lanka to implement new EPF management system February 11, 2025
- 17 Sri Lanka Police officers discharged from service over drug use February 11, 2025
- Yoshitha Rajapaksa and Daisy Forrest named as suspects in money laundering case February 11, 2025
- Sri Lanka to offer housing loans for newlyweds to build homes February 11, 2025
- Dan Priyasad arrested February 11, 2025
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!