Sri Lanka has requested a loan of US $ 1.5 billion from India.
According to Indian media reports, Sri Lanka has requested the loan to be used to purchase fuel, drugs and essential commodities.
The request was made during a meeting between Finance Minister Basil Rajapaksa and Indian External Affairs Minister S Jayashankar.
It was also discussed that India has agreed to provide US $ 500 million to purchase fuel for Sri Lanka.