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Sri Lanka in talks for $100 mn emergency funding from China-backed bank

Sri Lanka has requested foreign-exchange liquidity support for state banks from Asian Infrastructure Investment Bank.

Topics
sri lanka | South Asia | China GDP growth

Reuters  |  Colombo 



Sri Lanka
People leave after being informed by the manager of a fuel station in Colombo that they are out of kerosene. Sri Lankan fuel pumps may go dry by the end of this month with the $500 million Indian fuel credit line purchase exhausting fast. Photo: Reut

The China-backed Asian Infrastructure Investment Bank is considering granting $100 million in emergency support to Sri Lanka, the country's finance ministry said on Sunday.

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First Published: Sun, May 08 2022. 16:03 IST

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