Sri Lanka Financial crisis: India helps with 270000 MT of petrol and diesel under credit line
New Delhi : Sri Lanka is dealing with a huge financial crisis these days and continuing with the neighbours first policy, India has sent 270000 MT of petrol and diesel to Sri Lanka under credit line to cope up with the power shortage.
"#Indian credit line for fuel at work!!! One consignment each of 36,000 MT petrol and 40,000 MT diesel was delivered to #SriLanka in the last 24 hours. Total supply of various types of fuel under Indian assistance now stands at more than 270,000 MT," tweeted India High Commission in Colombo.
Last week, India had sent 40,000 MT of diesel under #Indian assistance through a Line of Credit of $500 mn.
Sri Lanka has been dealing with its worst crisis in years as the economy has been on a continuous downfall since coronavirus pandemic.
The island nation has been dealing with huge inflation in food supplies and major power cuts.
