{"id":62871,"date":"2023-03-08T10:38:58","date_gmt":"2023-03-08T05:08:58","guid":{"rendered":"https:\/\/www.news19.lk\/?p=62871"},"modified":"2023-03-08T10:38:58","modified_gmt":"2023-03-08T05:08:58","slug":"sl-in-talks-to-extend-1-bln-indian-credit-line-report","status":"publish","type":"post","link":"https:\/\/www.eng.news19.lk\/2023\/03\/08\/sl-in-talks-to-extend-1-bln-indian-credit-line-report\/","title":{"rendered":"SL in talks to extend $1 bln Indian credit line-report"},"content":{"rendered":"\n<p>Sri Lanka is negotiating with India to extend a $1 billon credit line by a few months, two sources told Reuters.<\/p>\n\n\n\n<p>The credit line is to due to expire on March 17 with Sri Lanka having used only about two-thirds of it, mainly for medicines and food, said the sources and another person familiar with the matter.<\/p>\n\n\n\n<p>The extension talks come as the economy improves and forex reserves rise for Sri Lanka, where huge protests took place last year amid widespread shortages of essentials after the COVID-19 pandemic hurt tourism and remittances while exposing low tax revenues.<\/p>\n\n\n\n<p>A source at the Sri Lankan Finance Ministry said the government wanted to extend the credit line by 6-12 months because there was about $300 million of it left unused. No agreement had been reached, said the source.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sri Lanka is negotiating with India to extend a $1 billon credit line by a few months, two sources told Reuters. The credit line is to due to expire on March 17 with Sri Lanka having used only about two-thirds of it, mainly for medicines and food, said the sources and another person familiar with [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":24807,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[3,2],"tags":[5,6,8,7],"class_list":{"0":"post-62871","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local","8":"category-news","9":"tag-news19","10":"tag-news19-lk","11":"tag-sri-lanka","12":"tag-sri-lanka-news"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.eng.news19.lk\/wp-json\/wp\/v2\/posts\/62871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eng.news19.lk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eng.news19.lk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eng.news19.lk\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eng.news19.lk\/wp-json\/wp\/v2\/comments?post=62871"}],"version-history":[{"count":0,"href":"https:\/\/www.eng.news19.lk\/wp-json\/wp\/v2\/posts\/62871\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eng.news19.lk\/wp-json\/wp\/v2\/media\/24807"}],"wp:attachment":[{"href":"https:\/\/www.eng.news19.lk\/wp-json\/wp\/v2\/media?parent=62871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eng.news19.lk\/wp-json\/wp\/v2\/categories?post=62871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eng.news19.lk\/wp-json\/wp\/v2\/tags?post=62871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}