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Home » India has committed $3.8 billion for support of SL: EAM Jaishankar
NATION

India has committed $3.8 billion for support of SL: EAM Jaishankar

AgencyBy AgencyJuly 11, 2022No Comments
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External Affairs Minister S Jaishankar said India has committed USD 3.8 billion for the support of Sri Lanka during the latter’s economic crisis which had been building up over a period of time.

The Union minister said Prime Minister Narendra Modi has a neighbourhood first policy where the government makes special efforts to try and support the country’s neighbours in a manner that meets their requirements.

”In the case of Sri Lanka, we have given them a line of credit which has kept essential commodities flowing to them from India over the last several months. We also gave them a line of credit for purchase of fuel. At the moment, our focus is on helping them recover.

”This year alone, we have committed around 3.8 billion (US) dollars to them in terms of supporting them. We have been their biggest supporter. It is one of the reasons why they have been able to prevent the situation from becoming worse,” the minister said in response to queries by reporters at a press conference

EoM JaiShankar Lanka
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