Sri Lankan Finance Minister Basil Rajapaksa landed in India today, he was received at the airport by High Commissioner Milinda Moragoda.
Sri Lanka faces a severe economic crisis, the opposition recently alleged in Parliament that foreign reserves have dropped to US 1.5 billion dollars which include the gold reserves of US 300 million dollars. The Govt. did not refute the opposition claim that the available cash reserve was only USD 1.5 billion less than one month’s import payment, lowest in history.
Sri Lanka is seeking help from India rescue from this crisis.
Photo: Daily mirror