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The Independent UK
The Independent UK
National
Via AP news wire

Sri Lankan leader seeks IMF help as economic crisis deepens

Copyright 2022 The Associated Press. All rights reserved

Sri Lanka’s president said Wednesday that his government was in discussions with the International Monetary Fund, other agencies and countries on deferring loan repayments and requested people's support by limiting electricity and fuel consumption to cope with the worst economic crisis in memory.

President Gotabaya Rajapaksa in his televised address asked the nation not to be discouraged and have faith in his steps to salvage the situation. His appeal comes amid widespread public anger at the severe shortages of essential goods including medicine, cooking gas, fuel and daily power cuts.

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