Indian Finance Minister assures fullest support to Sri Lanka’s economic recovery process | Daily News

Indian Finance Minister assures fullest support to Sri Lanka’s economic recovery process

Finance and Corporate Affairs Minister of India Nirmala Sitharaman assured the High Commissioner of Sri Lanka to India, Milinda Moragoda of her fullest support and cooperation in the process of economic recovery in Sri Lanka.

The Finance Minister of India gave this assurance when High Commissioner Moragoda called on Minister Sitharaman on June 21 at the Ministry of Finance in New Delhi.

This was the latest of a series of meetings High Commissioner Moragoda has had with Minister Sitharaman on Indian economic cooperation and assistance to Sri Lanka in the context of the present crisis. He had last met her on May 27.

High Commissioner Moragoda once again thanked Minister Sitharaman for the continued assistance that India is extending to Sri Lanka, and particularly for expeditiously arranging a separate Line of Credit of USD 55 million granted on June 10 to import 65,000 MT of Urea required for the present cultivation season in Sri Lanka.Minister Sitharaman expressed hope that Sri Lanka would recover very soon given the resilience of her people.

Earlier, High Commissioner Moragoda had also met with the External Affairs Minister of India Dr. S. Jaishankar to discuss the way forward with regard to Indian assistance in stabilizing and recovering the ailing Sri Lankan economy.

 

 


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