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Reuters
Reuters
Business
Devjyot Ghoshal and Uditha Jayasinghe

Sri Lanka to seek $3 billion to stave off crisis

Ali Sabry, newly appointed minister of finance, speaks during an interview with Reuters, amid the country's economic crisis in Colombo, Sri Lanka, April 9, 2022. REUTERS/Dinuka Liyanawatte

Sri Lanka will need about $3 billion in external assistance over the next six months to help restore supplies of essential items including fuel and medicine, Finance Minister Ali Sabry told Reuters on Saturday.

The island nation of 22 million people has been hit by power cuts and shortages which have drawn protesters out on to the streets and put President Gotabaya Rajapaksa under mounting pressure.

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