Finance Minister Nirmala Sitharaman has assured Sri Lanka of her “fullest help” and cooperation for its restoration from the continued financial disaster.

Sitharaman conveyed the peace of mind to Sri Lankan Excessive Commissioner Milinda Moragoda when the envoy met her on Monday.

The Finance Minister of India assured the excessive commissioner of her “fullest help and cooperation to the method of financial restoration in Sri Lanka , the Sri Lankan excessive fee stated in a press release.

It was the newest in a collection of conferences Moragoda held with Sitharaman on India’s financial cooperation and help to Sri Lanka in view of the financial disaster. He had final met her on Might 27.

“Excessive Commissioner Moragoda as soon as once more thanked Minister Sitharaman for the continuation of help that India is extending to Sri Lanka, and notably for expeditiously arranging a separate line of credit score of USD 55 million granted on June 10 to import 65,000 MT of urea required for the current cultivation season in Sri Lanka,” the excessive fee stated.

“In response, Minister Sitharaman assured Excessive Commissioner Moragoda of her fullest cooperation to the financial restoration course of in Sri Lanka, whereas expressing the hope that Sri Lanka would get well very quickly given the resilience of her folks,” it stated.

Moragoda additionally met with 15 European envoys primarily based in New Delhi, who’re concurrently accredited to Sri Lanka.

The ambassadors of Austria, Belarus, Belgium, Bosnia and Herzegovina, Croatia, Czech Republic, Denmark, Eire, Luxembourg, North Macedonia, Portugal, Serbia, Slovenia, Ukraine and the Excessive Commissioner of Malta attended the assembly on Tuesday.

Moragoda briefed the heads of mission on the present financial and political developments in Sri Lanka, particularly the plans for the stabilisation and restoration of the Sri Lankan financial system, the excessive fee stated.

Leave a Reply

Your email address will not be published.

You May Also Like

JSPL inventory hits 52-week excessive in unstable market; this is why

Shares of Jindal Metal and Energy Ltd (JSPL) hit a recent 52-week…

‘Tomorrow shall be higher’: Shanghai strikes nearer to COVID re-opening

The Chinese language metropolis of Shanghai inched additional in direction of a…

Rupee recovers from document low; closes at 77.51 aganst US greenback

The rupee on Wednesday recovered from its document low to shut 20…

GAIL India to pump in Rs 6,000 cr on renewables in subsequent 3 yrs

State-owned Gail India will make investments Rs 6,000 crore within the subsequent…