World Bank to Provide $600 Million to Assist Crash-Strapped Sri Lanka

World Bank to Provide $600 Million to Assist Crash-Strapped Sri Lanka
A man waves a Sri Lankan national flag as he stands on a barricade blocking the entrance to president's office during a protest in Colombo, Sri Lanka, Monday, April 11, 2022. AP Photo/Eranga Jayawardena
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The World Bank has agreed to provide Sri Lanka with $600 million in financial aid to help cover the cost of essential imports as the country’s economic crisis deepened, the Sri Lankan President’s Media Division said Tuesday.

The first tranche of $400 million would be released “shortly,” it stated, adding that the World Bank had expressed intention to continue helping Sri Lanka overcome its current economic crisis, local media Colombo Page reported.
Aldgra Fredly
Aldgra Fredly
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Aldgra Fredly is a freelance writer covering U.S. and Asia Pacific news for The Epoch Times.
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