India denies reports that Sri Lanka used credit line to import water cannons

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“The $1 Billion Line of Credit to Sri Lanka is intended to help the people of Sri Lanka get food, medicine and other essential items that the people of Sri Lanka need in the current situation. “said the Indian embassy.

Representative image. ANI

Dove: The Indian Embassy in Sri Lanka on Saturday denied reports suggesting that the Sri Lankan government used the Line of Credit (LoC) granted by India during the current crisis to import a water cannon vehicle.

Posting a statement on Twitter, the Indian Embassy made it clear that reports suggesting such use of India’s aid were “factually incorrect”.

“We have seen reports that a water cannon vehicle was imported by the government of #SriLanka under a line of credit granted by the government of #India. This information is factually incorrect,” said said the Indian Embassy.

Further clarifying the matter, the Indian Embassy said: “No water cannon vehicles have been provided by #India under any of the Lines of Credit extended by #India to #SriLanka” .

“The $1 Billion Line of Credit to Sri Lanka is intended to help the people of Sri Lanka get food, medicine and other essential items that the people of Sri Lanka need in the current situation. “said the Indian embassy.

The Indian mission further stated that “such incorrect reports do not make any constructive contribution to cooperation and efforts to address the current challenges facing the people of Sri Lanka.”

On Thursday, Sri Lankan police fired tear gas at protesters on Thursday to break up a protest organized by university students under the theme “Out of the government!” Let’s reverse it
system!” in front of parliament.

Taking to the streets to protest against the Rajapaksa family-led government, student protesters demanded the resignation of President Gotabaya Rajapaksa and his brother Prime Minister Mahinda Rajapaksa.

Meanwhile, the massive people’s struggle “Go Home Gota” calling on President Gotabaya Rajapaksa to step down at Galle Face has entered the 29th day today.

Sri Lanka is facing its worst economic crisis since independence with food and fuel shortages, soaring prices and power cuts affecting large numbers of people, leading to massive protests against the
the government’s handling of the situation.

The recession is attributed to currency shortages caused by a drop in tourism during the COVID-19 pandemic, as well as reckless economic policies, such as the government’s decision last year to ban
chemical fertilizers with the aim of making Sri Lankan agriculture “100% organic”.

Due to a severe shortage of foreign exchange, Sri Lanka recently defaulted on all of its external debt amounting to approximately $51 billion.

The economic situation has led to huge protests with demands for the resignation of Prime Minister Mahinda Rajapaksa and President Gotabaya Rajapaksa.

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