Despite possessing enviable social indicators at the time of Independence in 1948, Sri Lanka, at 75, is a “failed state”, former President Chandrika Bandaranaike Kumaratunga said on Sunday.
Indian External Affairs Minister S. Jaishankar said today that India has extended financing assurances to the IMF to clear the way for Sri Lanka to move forward because India felt strongly that Sri Lanka’s creditors must take proactive steps to facilitate its recovery.
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