Sri Lankas request to India for a postponement of its debt repayment amidst the current economic crisis is under consideration, say officials, though no decision has been taken, more than four months after the request was made personally by Sri Lankan Prime Minister Mahinda Rajapaksa to Prime Minister Narendra Modi.
On Saturday, Mr. Rajapaksa renewed calls for international monetary organisations to provide debt relief for developing countries during an interaction with United Nations officials, the Prime Ministers office said, repeating earlier appeals to all its debt partners, including India.
Also read | Sri Lanka gears up for daunting debt repayment
$960 million debt
According to officials in Delhi and Colombo, the two sides have be…
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