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Nirmala Sitharaman Assures All Possible Economic Assistance To Crisis-Hit Sri Lanka

Nirmala Sitharaman Assures All Possible Economic Assistance To Crisis-Hit Sri Lanka

NDTV
Tuesday, April 19, 2022 09:36:28 AM UTC

Sri Lanka, which is on the brink of bankruptcy, is grappling with an unprecedented economic turmoil, the worst since its independence from Britain in 1948.

Finance Minister Nirmala Sitharaman met her Sri Lankan counterpart Ali Sabry in Washington and assured him that as a close friend and good neighbour, India will try to extend all possible cooperation and assistance to the island nation amidst its worst economic crisis. Union Finance Minister Smt. @nsitharaman assured Sri Lanka that as a close friend and good neighbour, India will try to extend all possible cooperation and assistance to Sri Lanka. (2/2)

Sri Lanka, which is on the brink of bankruptcy, is grappling with an unprecedented economic turmoil, the worst since its independence from Britain in 1948.

Ms Sitharaman, who is in Washington for the annual spring meetings of the International Monetary Fund (IMF) and the World Bank, discussed the current economic situation and India's approach towards addressing the prevailing challenges in Sri Lanka on Monday, the Ministry of Finance said.

"Union Finance Minister Smt.@nsitharaman met Sri Lanka Finance Minister Mr Ali Sabry on the sidelines of IMF-WB Spring Meetings, at Washington D.C., today, and discussed current economic situation and its approach towards addressing the prevailing challenges in Sri Lanka," the Ministry of Finance said on Twitter.

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