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Reuters
Reuters
Business
Uditha and Jayasinghe

Sri Lanka says World Bank agrees to provide $600M in financial aid

FILE PHOTO: A participant stands near a logo of World Bank at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo

The World Bank has agreed to provide Sri Lanka with $600 million in financial assistance to help meet payment requirements for essential imports, the Sri Lankan president's media division said in a statement on Tuesday.

"The World Bank has agreed to provide $600 million in financial assistance to address the current economic crisis," the statement said.

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