Thambu Kanagasabai, in Countercurrents, 15 June 2023, where the title reads “A debt ridden Sri Lanka and a desperate President seeking debt relief” .… with highlights here imposed by The eDitor Thuppahi
President Ranil is expected to visit India from July 20 to 30 and a meeting with Prime Minister Modi is scheduled for on the 21st July 2023. So far neither the agenda nor the issues to be discussed between them has been made public. It is highly likely that focus will be mainly on financial assistance for the desperate Sri Lanka. It is to be noted that the external debt of Sri Lanka now stands at more than $5 billion. Ranil’s statement while serving as a Prime Minister expressed his appreciation of India’s role when he acknowledged on June 19, 2022 that “India has really helped Sri Lanka in its reforms to cope with the Island’s economic crash” and added that “aid coming from different sources has put Sri Lanka in the middle of geopolitics” and further said on June 06, 2022 that “no country except India is providing money to the crisis hit nation for fuel”.







