India Sri Lanka Credit Line

India announced a USD 1 billion line of credit to Sri Lanka last year as part of its financial assistance to help the country deal with its economic crisis.

Sri Lanka on Friday thanked India for the generous support of a USD 3.9 billion credit line last year and the assurances given to the IMF to restructure the country's debt.

External Affairs Minister S Jaishankar on Saturday chaired a parliamentary consultative committee meeting on the situation in Sri Lanka. He said "unanimous support" is needed to stand with Sri Lanka in its difficult time.

Sri Lanka Prime Minister Ranil Wickremesighe on Tuesday said that a new Credit Line provided by India will support the cash-strapped island nation's fuel purchase for another four months from July even as an LPG shipment of 3,500 MT reached Sri Lanka

The last of the fuel shipments due under the Indian Line of Credit are arriving in Sri Lanka this month with no indications on the sustenance of future supplies which are dependent on India's assistance.

India has provided a USD 55 million Line of Credit to crisis-hit Sri Lanka for the import of fertiliser, in a bid to help the island nation tide over its worst economic hardships, the Indian High Commission said on Friday.

Amid the continuing economic crisis in the country, Sri Lanka is in talks with India for another credit line of $500 million for fuel imports.

India on Monday said it has delivered around 40,000 metric tonnes of petrol to Sri Lanka, days after supplying 40,000 metric tonnes of diesel under the Indian credit line to help ease the acute fuel shortage in the debt-ridden island nation.

India on Saturday provided another 40,000 metric tonnes of diesel to Sri Lanka under the credit line facility to the island nation which is grappling with its worst economic crisis.

India has extended its current credit line by a further USD 200 million to replenish Sri Lanka's rapidly depleting fuel stocks, Power and Energy Minister Kanchana Wijesekera said on Monday.

India has agreed to extend an additional USD 500 million credit line to help Sri Lanka import fuel, Finance Minister Ali Sabry said, amid delays in chalking out a bailout package with the IMF to mitigate the dire financial crisis facing the nation.

India on Thursday said it has delivered one more consignment of 40,000 MT of diesel to Sri Lanka under the Indian credit line to help ease the acute power crisis in the island nation.

Sri Lanka has started a process to import cooking gas through a credit line arrangement with India, the chair of the country's state-run gas company Litro Gas said on Friday.

As vegetables and daily ration items sent by New Delhi reached Colombo, India again stepped forward to help Sri Lanka amid the worst economic crisis in the island nation.

Sri Lanka will need about $3 billion in external assistance within the next six months to help restore supplies of essential items, including fuel and medicines, to manage a severe economic crisis, its finance minister told Reuters on Saturday.

India announced a USD 1 billion line of credit to Sri Lanka last year as part of its financial assistance to help the country deal with its economic crisis.

Sri Lanka on Friday thanked India for the generous support of a USD 3.9 billion credit line last year and the assurances given to the IMF to restructure the country's debt.

External Affairs Minister S Jaishankar on Saturday chaired a parliamentary consultative committee meeting on the situation in Sri Lanka. He said "unanimous support" is needed to stand with Sri Lanka in its difficult time.

Sri Lanka Prime Minister Ranil Wickremesighe on Tuesday said that a new Credit Line provided by India will support the cash-strapped island nation's fuel purchase for another four months from July even as an LPG shipment of 3,500 MT reached Sri Lanka

The last of the fuel shipments due under the Indian Line of Credit are arriving in Sri Lanka this month with no indications on the sustenance of future supplies which are dependent on India's assistance.

India has provided a USD 55 million Line of Credit to crisis-hit Sri Lanka for the import of fertiliser, in a bid to help the island nation tide over its worst economic hardships, the Indian High Commission said on Friday.

Amid the continuing economic crisis in the country, Sri Lanka is in talks with India for another credit line of $500 million for fuel imports.

India on Monday said it has delivered around 40,000 metric tonnes of petrol to Sri Lanka, days after supplying 40,000 metric tonnes of diesel under the Indian credit line to help ease the acute fuel shortage in the debt-ridden island nation.

India on Saturday provided another 40,000 metric tonnes of diesel to Sri Lanka under the credit line facility to the island nation which is grappling with its worst economic crisis.

India has extended its current credit line by a further USD 200 million to replenish Sri Lanka's rapidly depleting fuel stocks, Power and Energy Minister Kanchana Wijesekera said on Monday.

India has agreed to extend an additional USD 500 million credit line to help Sri Lanka import fuel, Finance Minister Ali Sabry said, amid delays in chalking out a bailout package with the IMF to mitigate the dire financial crisis facing the nation.

India on Thursday said it has delivered one more consignment of 40,000 MT of diesel to Sri Lanka under the Indian credit line to help ease the acute power crisis in the island nation.

Sri Lanka has started a process to import cooking gas through a credit line arrangement with India, the chair of the country's state-run gas company Litro Gas said on Friday.

As vegetables and daily ration items sent by New Delhi reached Colombo, India again stepped forward to help Sri Lanka amid the worst economic crisis in the island nation.

Sri Lanka will need about $3 billion in external assistance within the next six months to help restore supplies of essential items, including fuel and medicines, to manage a severe economic crisis, its finance minister told Reuters on Saturday.