𝑺𝒕𝒂𝒚 𝒖𝒑𝒅𝒂𝒕𝒆𝒅 𝒘𝒊𝒕𝒉 𝒍𝒂𝒕𝒆𝒔𝒕 𝒃𝒖𝒔𝒊𝒏𝒆𝒔𝒔 𝒏𝒆𝒘𝒔


India to provide US$ 500 million for fuel

India has agreed to provide Sri Lanka an additional US$ 500 million as financial assistance to purchase fuel. Sri Lanka earlier obtained a credit line from India which was allocated to buy various types of fuel due to dollar crisis.

The Foreign Minister Prof. G.L Peiris has said that IMF assistance will take about six months to come and in the meanwhile, the country needs to find funds to purchase essential items.