{"id":500210,"date":"2022-06-23T09:30:23","date_gmt":"2022-06-23T04:00:23","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=500210"},"modified":"2022-06-23T09:49:03","modified_gmt":"2022-06-23T04:19:03","slug":"sri-lankas-economy-has-collapsed-unable-to-buy-oil-pm-wickremesinghe","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/sri-lankas-economy-has-collapsed-unable-to-buy-oil-pm-wickremesinghe\/","title":{"rendered":"Sri Lanka&#8217;s economy &#8216;has collapsed,&#8217; unable to buy oil: PM Wickremesinghe"},"content":{"rendered":"<p>Sri Lanka&#8217;s prime minister says its debt-laden economy has \u201ccollapsed\u201d after months of shortages of food, fuel and electricity, and the South Asian island nation cannot even purchase imported oil. <\/p>\n<p>\u201cWe are now facing a far more serious situation beyond the mere shortages of fuel, gas, electricity and food. Our economy has completely collapsed. That is the most serious issue before us today,\u201d Prime Minister Ranil Wickremesinghe told Parliament. <\/p>\n<p>Wickremesinghe is also the finance minister tasked with stabilizing the economy, which is foundering under the weight of heavy debts, lost tourism revenue and other impacts from the pandemic and surging costs for commodities. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sri Lanka&#8217;s prime minister says its debt-laden economy has \u201ccollapsed\u201d after months of shortages of food, fuel and electricity, and the South Asian island nation cannot even purchase imported oil. \u201cWe are now facing a far more serious situation beyond the mere shortages of fuel, gas, electricity and food. Our economy has completely collapsed. That is the most serious issue before us today,\u201d Prime Minister Ranil Wickremesinghe told Parliament. Wickremesinghe is also the finance minister tasked with stabilizing the economy, which is foundering under the weight of heavy debts, lost tourism revenue and other impacts from the pandemic and surging [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-500210","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/500210","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=500210"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/500210\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=500210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=500210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=500210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}