IMF Chief Hails India's Help To Sri Lanka

Tuesday, 19 April 2022newsdesk

Kristalina Georgieva, International Monetary Fund (IMF) Managing Director, on Monday appreciated India's help to Sri Lanka in tackling its economic crises while assuring Finance Minister Nirmala Sitharaman that the financial institution would continue to actively engage with the island nation.

New Delhi, 19 April 2022

As per news report of NDTV, Kristalina Georgieva made these remarks during the Spring Meetings of IMF-World Bank (WB) in Washington DC with Ms Sitharaman. Discussing the recent geopolitical developments, Ms Sitharaman and Ms Georgieva raised concerns about its impact on the global economy and the challenges linked to the rising energy prices. Sri Lanka is facing its worst economic crisis since independence with food and fuel shortages, soaring prices and power cuts affecting a large number of the people, resulting in massive protests over the government's handling of the situation.

Source -NDTV