Sri Lanka’s economic crisis is deepening with unsustainable debt of US$ 35 billion and a severe balance of payment crisis on top of lingering scars of the COVID-19 pandemic and public unrest owing to unbearable cost of living, Finance Ministry data showed.
Pakistan and Sri Lanka have good trade and diplomatic relations, which can be enhanced with joint efforts of both the countries, Jagath Abeywarna, Consul General of Sri Lanka, said on Thursday.
The United Nations Development Programme (UNDP) has stepped in provide assistance to rebuild Sri Lanka by appealing donations from international community.
At least 5.7 million people, or 26 per cent of the population in Sri Lanka require humanitarian assistance, the International Federation of Red Cross and Red Crescent Societies said in a report.