Colombo is also in talks with Russia to obtain crude, coal, diesel and petrol as the country faces its worst economic meltdown since independence.
Cash-strapped Sri Lanka sharply hiked fuel prices to a record high, causing further pain to the country's 22 million people in its worst crisis since independence.
Two members of parliament are under criminal investigation as officials said there is "direct evidence" against them for inciting violence at a peaceful anti-government protest.
Police meanwhile have arrested two lawmakers from the Rajapaksas' Sri Lanka Podujana Peramuna in connection with last week's violence when anti-government protests turned deadly.
Prime Minister Ranil Wickremesinghe says the island nation needs to secure $75 million in foreign exchange in the next few days to pay for essential imports.
Newly appointed Prime Minister Ranil Wickremesinghe holds discussions with the World Bank and the Asian Development Bank as he looks to steer the country through a dire economic crisis.
Ranil Wickremesinghe has served in the office five times and will be tasked to address a crippling economic crisis that has sparked deadly protests and stirred the political establishment.
President Gotabaya Rajapaksa promises to appoint new premier, empower parliament and abolish the all-powerful executive presidential system amid political crisis and violence triggered by worst economic crisis in memory.
There have been flare-ups of violence around the country despite stringent security measures, as protesters continue shouting slogans against the government while defying a curfew.
Five people were killed and nearly 200 wounded as prime minister Mahinda Rajapaksa resignation which did little to calm public anger.
An aide to the prime minister confirmed that Mahinda Rajapaksa has submitted a letter of resignation to President Gotabaya Rajapaksa, as at least five people died and nearly 200 were injured in a day of violence.
Violence erupts among protesters and trade unions call for protests throughout this week over the worst economic crisis in the country's history.
Subscribe to our Youtube channel for all latest in-depth, on the ground reporting from around the world.
Copyright © 2022 TRT World.
Like
Follow