Saudi Foreign Minister Prince Faisal bin Farhan met his Sri Lankan counterpart Ali Sabry in Riyadh on Thursday, as the crisis-hit island nation seeks to boost economic relations and energy cooperation with the Kingdom.
Sri Lanka is facing its worst economic crisis since gaining independence in 1948. Since early last year, the government has been battling a shortage of dollars, runaway inflation and a steep recession.
It is also in discussions with the International Monetary Fund to secure a $2.9 billion bailout seen as vital to getting its economy back on track.
