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India sends 40,000 Metric Tonnes Of Petrol To Crisis-Hit Sri Lanka

India sends 40,000 Metric Tonnes Of Petrol To Crisis-Hit Sri Lanka

NDTV
Monday, May 23, 2022 04:35:22 PM UTC

India extended an additional USD 500 million credit line to Sri Lanka last month to help the neighbouring country import fuel as it has been struggling to pay for imports after its foreign exchange reserves plummeted sharply in recent times.

India on Monday said it has delivered around 40,000 metric tonnes of petrol to Sri Lanka, days after supplying 40,000 metric tonnes of diesel under the Indian credit line to help ease the acute fuel shortage in the debt-ridden island nation which is grappling with its worst economic crisis. Commitment delivered!! Around 40000 MT of petrol under #Indian assistance reached #Colombo today. pic.twitter.com/3pz0zKKKcP

India extended an additional USD 500 million credit line to Sri Lanka last month to help the neighbouring country import fuel as it has been struggling to pay for imports after its foreign exchange reserves plummeted sharply in recent times, causing a devaluation of its currency and spiralling inflation.

"Commitment delivered!! Around 40000 MT of petrol under Indian assistance reached Colombo today," the Indian High Commission in Colmbo said in a tweet.

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