{"id":78028,"date":"2018-06-04T14:29:12","date_gmt":"2018-06-04T21:29:12","guid":{"rendered":"http:\/\/www.lankaweb.com\/news\/items\/?p=78028"},"modified":"2018-06-04T14:29:12","modified_gmt":"2018-06-04T21:29:12","slug":"imf-250-million-sri-lanka-loan-to-help-airline","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2018\/06\/04\/imf-250-million-sri-lanka-loan-to-help-airline\/","title":{"rendered":"IMF $250 million Sri Lanka loan to help airline"},"content":{"rendered":"<h2><span style=\"color: #0000ff;\"><em>Courtesy aviationnews-online.com<\/em><\/span><\/h2>\n<p>The International Monetary Fund (IMF) has released the latest installment of Sri Lanka\u2019s $1.5 billion bailout, but warned that restructuring the loss-making national airline was essential to sustain economic recovery.<\/p>\n<p>The IMF welcomed the island nation\u2019s increase in fuel prices last month \u2014 a precondition for it to receive $252 million of the three-year loan approved in June 2016.<\/p>\n<p>It is essential for the authorities to implement an automatic pricing formula for electricity and a restructuring plan for Sri Lankan Airlines,\u201d IMF\u2019s Deputy Managing Director Mitsuhiro Furusawa said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Courtesy aviationnews-online.com The International Monetary Fund (IMF) has released the latest installment of Sri Lanka\u2019s $1.5 billion bailout, but warned that restructuring the loss-making national airline was essential to sustain economic recovery. The IMF welcomed the island nation\u2019s increase in fuel prices last month \u2014 a precondition for it to receive $252 million of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-78028","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/78028","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=78028"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/78028\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=78028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=78028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=78028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}