{"id":508868,"date":"2022-07-26T10:52:04","date_gmt":"2022-07-26T05:22:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=508868"},"modified":"2022-07-26T11:55:42","modified_gmt":"2022-07-26T06:25:42","slug":"sri-lanka-to-restrict-fuel-imports-for-next-12-months-amid-forex-crunch","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/sri-lanka-to-restrict-fuel-imports-for-next-12-months-amid-forex-crunch\/","title":{"rendered":"Sri Lanka to restrict fuel imports for next 12 months amid forex crunch"},"content":{"rendered":"<p>Sri Lanka will restrict fuel imports for the next 12 months because of a severe shortage of foreign exchange, its energy minister said on Monday, as the island nation&#8217;s new government seeks to find a way out of a crippling economic crisis. <\/p>\n<p>The country of 22 million has been grappling with a lack of essentials, including fuel and medicines, for months, after its foreign exchange reserves ran dry because of economic mismanagement and the impact of the Covid-19 pandemic.<\/p>\n<p>&#8220;Due to Forex issues, Fuel imports has to be restricted in the next 12 months,&#8221; Sri Lanka&#8217;s Minister for Power and Energy, Kanchana Wijesekera, said in a tweet, explaining the rationale behind a fuel rationing system that will be implemented this week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sri Lanka will restrict fuel imports for the next 12 months because of a severe shortage of foreign exchange, its energy minister said on Monday, as the island nation&#8217;s new government seeks to find a way out of a crippling economic crisis. The country of 22 million has been grappling with a lack of essentials, including fuel and medicines, for months, after its foreign exchange reserves ran dry because of economic mismanagement and the impact of the Covid-19 pandemic. &#8220;Due to Forex issues, Fuel imports has to be restricted in the next 12 months,&#8221; Sri Lanka&#8217;s Minister for Power and [&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":[146,130,177],"tags":[],"class_list":["post-508868","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/508868","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=508868"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/508868\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=508868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=508868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=508868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}