Sri Lanka seeking US$3bil in months to stave off crisis


In turmoil: Protestors shouts slogans against Rajapaksa in front of the Presidential Secretariat, amid the country’s economic crisis in Colombo. — Reuters

COLOMBO: Sri Lanka will need about US$3bil (RM12.6bil) in external assistance within the next six months to help restore supplies of essential items, including fuel and medicines, to manage a severe economic crisis, its finance minister told Reuters on Saturday.

The island nation of 22 million people has been hit by prolonged power cuts, with drugs, fuel and other items running short, bringing angry protesters out on the streets and putting President Gotabaya Rajapaksa under mounting pressure.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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Sri Lanka , economic crisis , debt

   

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