India offers economic lifeline to Sri Lanka with multimillion dollar fuel assistance
The minister also said Bangladesh was willing to postpone a $450 million in swap repayments.
"Assistance by the IMF will take about six months to come to us and it will come in tranches," Sri Lankan Foreign Minister G. L. Peiris said. "During the intervening period, we need to find funds to keep our people supplied with essentials."
Sri Lanka is suffering from one of its worst economic crises in decades, with fuel prices rising and the government accused of failing to address the deepening financial woes.
Several people have taken to the streets in recent days to demonstrate against the worsening situation. Police fired at a group of protesters on Tuesday, killing one person and injuring 13 others.