{"id":120509,"date":"2021-11-21T17:58:04","date_gmt":"2021-11-22T00:58:04","guid":{"rendered":"http:\/\/www.lankaweb.com\/news\/items\/?p=120509"},"modified":"2021-11-21T17:58:04","modified_gmt":"2021-11-22T00:58:04","slug":"sri-lanka-seeks-usd-500-mn-loan-from-india-for-fuel-purchase-2","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2021\/11\/21\/sri-lanka-seeks-usd-500-mn-loan-from-india-for-fuel-purchase-2\/","title":{"rendered":"Sri Lanka seeks USD 500 mn loan from India for fuel purchase"},"content":{"rendered":"<h2><span style=\"color: #0000ff;\"><em>Courtesy NewsIn.Asia<\/em><\/span><\/h2>\n\n\n<p>Colombo, Nov 21 (NewsWire) \u2013 The Government has decided to obtain an emergency loan of US$ 500 million from India to import fuel, which has become a serious crisis at the moment, Lankadeepa Newspaper reports.<\/p>\n\n\n\n<p>A senior government minister has told Lankadeepa that top government leaders have already begun discussions with the Indian government on this regard.<\/p>\n\n\n\n<p>The Petroleum Corporation is facing a crisis due to the shortage of foreign reserves and are reportedly having a difficult time finding the required amount of US dollars for fuel imports.<\/p>\n\n\n\n<p>The Sapugaskanda oil refinery was shut down last week due to the lack of dollars for crude oil imports, and a date for its reopening has not yet been announced yet.<\/p>\n\n\n\n<p>Meanwhile, Minister of Energy Udaya Gammanpila has stated at the cabinet meeting last Monday that monthly US$ 350 million is needed to import fuel and it has become a real issue to find money for this purpose.<\/p>\n\n\n\n<p>Considering this situation, the government has decided to obtain an emergency loan of US$ 500 million from India for fuel imports, Lankadeepa added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Courtesy NewsIn.Asia Colombo, Nov 21 (NewsWire) \u2013 The Government has decided to obtain an emergency loan of US$ 500 million from India to import fuel, which has become a serious crisis at the moment, Lankadeepa Newspaper reports. A senior government minister has told Lankadeepa that top government leaders have already begun discussions with the Indian [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-120509","post","type-post","status-publish","format-standard","hentry","category-politics"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/120509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/comments?post=120509"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/120509\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=120509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=120509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=120509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}