IMF confirms India’s assurances on Sri Lanka debt needed for bailout
India has committed to help ease the debt burden of its crisis-stricken neighbor Sri Lanka as part of a possible International Monetary Fund-supported program, the IMF said on Monday.
The government has reportedly taken over the handling of the diplomatic issue regarding the Yuan Wang 5 ship directly through the Chinese Embassy in Colombo instead of going through the Sri Lankan mission in Beijing, Daily Mirror learns.
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