India is continuously helping Sri Lanka to get out of the crisis, Prime Minister Wickremesinghe said – thank you
Sri Lanka is facing bad economic conditions these days. In difficult times, India stood for all possible help to its neighboring country. Sri Lankan Prime Minister Ranil Wickremesinghe has expressed gratitude for this. He said on Friday that Sri Lanka is aiming to work towards making the right policy decisions to mitigate the impact of the economic crisis.
He also said that he has spoken to India’s Finance Minister Nirmala Sitharaman and expressed appreciation for the support extended by India during this difficult period.
On Twitter, he also underlined that the South Asian nation is also looking at expediting and finalizing talks with the IMF (International Monetary Fund) amid the worst economic crisis. “An arrangement is expected by mid-June to find concrete solutions to the problems we are facing,” he said.
I had a conversation with India's Minister of Finance @nsitharaman today. I expressed our country's appreciation for the support India has extended during this difficult period. I look forward to further strengthening ties between our nations.
— Ranil Wickremesinghe (@RW_SRILANKA) May 27, 2022
He said, “Aid from India and Japan: I appreciate the positive response from India and Japan on the proposal to lead in the establishment of a foreign aid consortium to assist the Quad members (the United States, India, Japan and Australia). Grateful for it.” He further said, “I had a conversation with India’s Finance Minister Nirmala Sitharaman today. I expressed my appreciation for the support extended by India during this difficult period. I look forward to further strengthening the ties between our countries (sic).”
Let us tell you that the summit of the Quad Leader was held this week. The leaders of the four countries met Prime Minister Narendra Modi, US President Joe Biden, Japanese PM Fumio Kishida and Australian PM Anthony Albanese. During this, apart from Ukraine, issues related to Indo-Pacific issues were discussed.
Following a meeting between PM Modi and Kishida on the sidelines of the summit, India and Japan agreed to work together to assist beleaguered Sri Lanka.
On Friday, Sitharaman met Sri Lankan High Commissioner Milinda Moragoda to discuss the possibility of increasing aid to Sri Lanka. A statement issued by the High Commission of Sri Lanka said, “In this context the Minister and the High Commissioner discussed the possibility of enhancing and restructuring the assistance provided by India in the form of loans for essential commodities and fuel as well as for balance of payments support.” Tell me.”
Giving the latest update, the Sri Lankan Prime Minister said that his government is focusing on steps for the agriculture, private and banking sectors. Since January, India has committed more than USD 3 billion for the debt-ridden neighbour, news agency PTI reported. On Friday, New Delhi handed over 25 tonnes of medical supplies worth over USD 700,000.
