SRI LANKAN ENVOY MILINDA MORAGODA MEETS NSAAJIT DOVAL, DISCUSSES BILATERAL TIES

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Sri Lankan High Commissioner to India Milinda Moragoda visited National Security Advisor Ajit Doval today to discuss India-Sri Lanka relations.

“High Commissioner @MilindaMoragoda met with the National Security Advisor of India Shri Ajit Kumar Doval today (16), and discussed subjects relevant to India-Sri Lanka ties,” the Sri Lankan High Commission in India tweeted.

Meanwhile, according to a statement issued by the Sri Lankan President’s Media Division on January 11, External Affairs Minister S Jaishankar will visit Sri Lanka this week. However, no formal statement has been published by the Ministry of External Affairs regarding his visit.

“India’s Foreign Minister will visit Sri Lanka next week. “India is in debt restructuring talks,” Sri Lankan President Ranil Wickremesinghe said on Wednesday while speaking at the “Pratibha Abhisheka 2022” conference.

According to Sri Lanka’s President Media Division, Ranil Wickremesinghe stated that Sri Lanka will get USD 2.5 billion from the International Monetary Fund and USD 5 billion from the World Bank and the Asian Development Bank.

Wickremesinghe went on to say, “Following that, we may expect to get approximately $5 billion from the World Bank and the Asian Development Bank. The overall amount will be USD 7.5 billion. Adding the USD 3 billion from the reorganisation of unprofitable government agencies can total USD 10 billion, allowing the economy to recover and the country to emerge from its crisis “according to the media division of Sri Lanka’s President.

Ranil Wickremesinghe, the Sri Lankan President’s Media Division, stated, “We are working hard right now to seek IMF help as quickly as feasible. The countries that have loaned us money have already expressed their willingness to help. Two of our three largest creditors, Japan and the Paris Club, have shown their willingness to assist.”

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