Published on 16/01/2023 3:04:15 P | Source: ANI

India helping Sri Lanka get out of economic crisis, extends aid worth billions

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New Delhi : India extended aid worth USD 3.9 billion to help Sri Lanka sustain itself in face of the acute economic and financial crisis and meet its immediate needs such as medicines, cooking gas, oil and food items, Sri Lanka based news publication News 19 reported.
In February 2022, India in order to help Sri Lanka overcome its fuel shortage, signed an agreement for the supply of petroleum products worth USD 500 million from the Indian Oil Company through a credit line.