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India becomes first country to land in Sri Lanka’s financial support

New Delhi, India: India handed the letter of support meant for financing and debt relief for Sri Lanka on January 16, 2023, therefore becoming the first country to extend its support for the island nation. Earlier in 2022 also, financial aid of $4.5 billion was mobilized for Colombo to tackle the financial crisis. Although Sri Lanka has upheld the China-funded white elephant project against India, the Indian government was the first to land in their support.
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