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The Independent UK
The Independent UK
National
Krishan Francis

India backs Sri Lanka to secure IMF bailout plan amid crisis

Sri Lanka United Nations India S Jaishankar International Monetary Fund
ASSOCIATED PRESS

India's foreign minister said Friday his country has given financial assurances to the International Monetary Fund to facilitate a bailout plan to help neighboring Sri Lanka emerge from its worst economic crisis, in a first formal announcement from one of the island nation’s creditors.

India’s Foreign Minister S. Jaishankar announced the support while on a two-day visit to Sri Lanka, where he met with President Ranil Wickremesinghe and other Cabinet ministers.

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