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.
The World Bank would release $400 million "shortly", it said.
According to the statement, the World Bank said it would continue to help Sri Lanka to overcome the current economic crisis.
Sri Lanka's worst financial crisis since independence in 1948 was caused by a drastic drop in its
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