In Sri Lanka, Finance Minister Ali Sabry said that country needs between 3 billion to 4 billion dollars this year to pull itself out of an unprecedented economic crisis and plans to start talks with the International Monetary Fund for help.<br />''<br />''He said, talks are scheduled to begin in Washington on April 18 and he expects emergency relief funds a week later, if things go well.<br />''<br />''The funds are crucial to the success of a debt restructuring process initiated by the island nation this week after suspending some outstanding loan and interest payments.<br />''<br />''<br />''<br />
News On AIR | April 14, 2022 2:23 PM
Sri Lanka seeking 3-4 billion dollars this year to stave off crisis, says Finance Minister Ali Sabry