Sri Lanka seeks $1.5 billion help from China for essentials: Know how the crisis hit nation is going to use it

Ranil Wickremesinghe, the newly appointed Prime Minister of Sri Lanka said that his country will need $5 billion over the next six months to ensure basic living standards, and is renegotiating the terms of a yuan-denominated swap worth $1.5 billion with China so as to fund essential imports

Jun 09, 2022, 10:54 AM IST