- LATEST
- WEBSTORY
- TRENDING
WORLD
IMF chief lauds India for its help to crisis-hit Sri Lanka
Sri Lanka is facing its worst economic crisis since independence with food and fuel shortages, soaring prices, and power cuts affecting people.
Updated : Apr 19, 2022, 02:53 PM IST | Edited by : Riddhima Kanetkar
 "IMF chief lauds India for its help to crisis-hit Sri Lanka")
TRENDING NOW
)
Meet Imsha Rehman, Pakistani TikTok star who deactivated her accounts after video leak and Minahil Malik's MMS
)
'I sort of...': Aishwarya Rai's 'enjoyed every phase and moved on' statement amid divorce rumours with Abhishek Bachchan
)
India's biggest hit film released in 1988, made heroine a superstar after 10 flop films, is related to SRK, earned Rs..
)
'Bhaut badi galti...': Amitabh Bachchan regrets inviting Abhishek Bachchan on KBC 16 amid divorce rumours with Aishwarya
)
'I am very hurt': Amid Aishwarya Rai, Abhishek Bachchan's divorce rumours, his confession to 'daughter' goes viral
)
7 times XXX, Gandii Baat actress Aabha Paul crashed the internet by flaunting her sexy curves
)
Kerala lottery TODAY November 18 Live WIN WIN 680 Monday lucky draw result to be out at 3 pm, check full winners list
)
Inside pics of Rohit Sharma-Ritika Sajdeh's luxurious sea-facing house in Mumbai, it's worth Rs...
)
Shillong Teer Results TODAY November 18, 2024 Live Updates: Check lucky winning numbers
)
India's highest paid actor charges Rs 300 crore for a film; more than Vijay, Shah Rukh, Prabhas, Rajini, Ranbir, Salman
)
Shilpa Shetty breaks down, Salman Khan cancels shoot; celebs rush to Lilavati hospital after Baba Siddique shot dead
)
Amid linkup rumours with Abhishek Bachchan, Nimrat Kaur shows off her talent; netizens say 'you should be jailed for...'
)
'Jaya Bachchan, is that you?': Mukesh Khanna loses cool as he asks paps to keep quiet, netizens roast him in return
)
This Pakistani Influencer's private video leaked online, days after Minahil Malik and Insha Rehman's clips
)
Bigg Boss 18: Vivian Dsena, Rajat Dalal, Shilpa Shirodkar, Eisha Singh, top 5 most popular contestants this week
International Monetary Fund (IMF) Managing Director, Kristalina Georgieva, on Monday (local times), lauded India for its help to crisis-stricken Sri Lanka. The IMF MD also assured Finance Minister Nirmala Sitharaman that the financial institution would continue to actively engage with the island nation.
Georgieva made these remarks during the Spring Meetings of IMF-World Bank (WB) in Washington DC with Sitharaman. Discussing the recent geopolitical developments, Sitharaman and Georgieva raised concerns about its impact on the global economy and the challenges linked to the rising energy prices.
READ | Mubarakpur police post in-charge suspended after Dera Bassi MLA caught him consuming liquor
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.
The economic situation has led to huge protests with demands for the resignation of Prime Minister Mahinda Rajapaksa and President Gotabaya Rajapaksa. The Union Minister reached Washington on an official visit to attend the Spring Meetings at the World Bank, the G20 Finance Ministers meeting, and the Central Bank Governor Meeting (FMCBG).
READ | Ukrainian President Volodymyr Zelenskyy confirms Russia's battle for Donbas has begun
Apart from her official engagements with the World Bank, IMF, G20, and Financial Action Task Force (FATF), Sitharaman on Monday also attended an event at the Atlantic Council, a think tank based in Washington DC.
The visit will also include several bilateral interactions, including with Indonesia, South Korea, Sri Lanka, and South Africa as well as a high-level meeting with World Bank President David Malpass, a Ministry of Finance statement said. Notably, once the meetings conclude in Washington, Sitharaman will head to San Francisco on April 24, where she will engage with business leaders and will also interact with the faculty and students at Stanford University. She will depart for India on April 27.
