Colombo: On April 22, Sri Lanka’s finance minister said that its neighbour India and the World Bank were considering extending about $2 billion in bridge finance. The decision is taken outrightly so Sri Lanka can continue essential imports. “Talks with the World Bank have also been very positive,” Ali Sabry said, adding: “In the next four weeks to six months we expect about $500 million from them, which will be partly used to provide direct cash transfers to the poor”.
