Sri Lankan Finance Minister Basil Rajapaksa will visit India this week to seek financial assistance, state media reported on Monday.
The report said the finance minister had scheduled the meeting during a telephone conversation with Indian External Affairs Minister S. Jaishankar.
Rajapaksa had planned to visit India early this year but the visit was postponed twice.
Sri Lanka has sought a one billion U.S. dollars credit line from India to purchase essential items, including food and medicine, the report said.
During Rajapaksa’s visit, the two ministers will discuss the above proposal and review the previously agreed 500 million U.S. dollars credit line to import fuel from India.
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Prior to the finance minister’s visit to India, a joint venture was signed on Friday to establish a 100 MW solar power plant in northeastern Sri Lanka.
