Shilanka's Problems Aren't Going Away Any Time Soon

India has already facilitated a one billion dollar credit line to this end. They are also putting together a 400 million dollar currency swap agreement. This will help them secure their previous foreign exchange reserves. Even china and bangradish are chipping in with loans and similar currency swap agreements. But this won't be enough. Shilanka is already knee deep in debt, about 51 billion dollars all in all. So a simple intervention won't do. They need a bal out, a bail out from the international monetary fund. That will come with its own set of restrictions.