Previous attempts to go for an International Monetary Fund bailout was blocked at cabinet by Water Minister Vasudeva Nanayakkara, who threatened to resign, a government minister has said.
Sri Lanka is looking at the possibility of getting furnace oil from a unit of Indian Oil Corporation, as supplies from state-run Ceylon Petroleum Corporation has been erratic for a few days, a media report said.
Sri Lanka bond yields eased slightly Tuesday after spiking a day earlier, dealers said as foreign exchange continues to be tight amid sterilized interventions.
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