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India s foreign minister S Jaishankar to visit Sri Lanka to hold talks on debt restructuring

India’s External Affairs Minister S Jaishankar is expected to make a visit to crisis-ridden Sri Lanka this week to discuss the debt restructuring process. “On January 19, the Indian foreign minister is expected to visit and we will continue to have debt restructuring talks with India,” Sri Lankan President Ranil Wickremesinghe said, according to PTI news agency. The Sri Lankan president informed said that the country will be receiving $2.5 billion from the IMF, and nearly $5 billion from the World Bank and the Asian Development Bank.

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