Sri Lanka in talks to extend WB aid, plans new budget

Sri Lankans queue up at a fuel station to buy kerosene in Colombo, Sri Lanka, April 12, 2022. (ERANGA JAYAWARDENA / AP)

COLOMBO – Sri Lanka's finance minister said on Wednesday the country was in talks with the World Bank to extend its support by $300 million to $700 million.

The island nation's budget was currently unsustainable, Ali Sabry told a parliament session, adding he expected to bring in a new budget.

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