INSUBCONTINENT EXCLUSIVE:
Sri Lanka is hopeful that China will step up to provide it with debt restructuring assurances, along with India so that the island nation
can go to the International Monetary Fund (IMF) to resolve the matter and get back the path for economic recovery, Minister of Foreign
that the country is in its final stage of trying to get the debt restructuring and assurances
lines from the neighbour have kept Sri Lanka going for a long period of time
He also recalled how India supported the island nation in its discussion with the IMF
Minister Sabry stated that Sri Lanka has not asked India for more support, as its economy has stabilized to some extent
exacerbated over the past few months, the foreign minister stated that the island nation has seen a significant improvement in comparison to
what it experiences in March, May and July.Tourists have started to come back and there is a little bit of stability in foreign currency,
Minister Sabry commented, adding that this allowed Sri Lanka to get its fuel stocks, cooking gas and other supplies to some sort of
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