{"id":8792,"date":"2020-05-24T02:17:30","date_gmt":"2020-05-24T02:17:30","guid":{"rendered":"http:\/\/globaltamilnews.net\/english\/?p=8792"},"modified":"2020-05-24T02:17:30","modified_gmt":"2020-05-24T02:17:30","slug":"gotabhaya-rajapakse-asks-modi-for-usd-1-1-billion-as-special-swap-facility","status":"publish","type":"post","link":"https:\/\/globaltamilnews.net\/english\/gotabhaya-rajapakse-asks-modi-for-usd-1-1-billion-as-special-swap-facility\/","title":{"rendered":"Gotabhaya Rajapakse asks Modi for USD 1.1 billion as special swap facility"},"content":{"rendered":"<p style=\"text-align: justify\">President Gotabaya Rajapaksa has asked Indian Prime Minister Narendra Modi for USD 1.1 billion as a special swap facility to help Sri Lanka deal with foreign exchange issues.<\/p>\n<p style=\"text-align: justify\">The President\u2019s Office said that during a telephone discussion between Rajapaksa and Modi today the Sri Lankan President requested the Government of India to provide USD 1.1 billion as a special swap facility to top up USD 400 million under the SAARC facility, saying it would enormously help Sri Lanka in dealing with its foreign exchange issues.<\/p>\n<p style=\"text-align: justify\">In turn, the Indian Premier has assured that he is personally committed to help Sri Lanka. \u201cWe are ready to help under terms that are favorable to Sri Lanka.\u201d<\/p>\n<p style=\"text-align: justify\">He suggested that Sri Lanka appoint an official to work directly in this regard with the Colombo based Indian High Commissioner.<\/p>\n<p style=\"text-align: justify\">India has had a Framework on Currency Swap Arrangement for SAARC Member countries since 2012.<\/p>\n<p style=\"text-align: justify\">The facility is available to all SAARC member countries with a floor of USD 100 million and ceiling of USD 400 million within overall limit of USD 2 billion.<\/p>\n<p style=\"text-align: justify\">Courtesy: Colombo Gazette<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Gotabaya Rajapaksa has asked Indian Prime Minister Narendra Modi for USD 1.1 billion&hellip;<\/p>\n","protected":false},"author":3,"featured_media":8793,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[3,2],"tags":[],"class_list":["post-8792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-news","category-srilankan-news"],"_links":{"self":[{"href":"https:\/\/globaltamilnews.net\/english\/wp-json\/wp\/v2\/posts\/8792","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globaltamilnews.net\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globaltamilnews.net\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globaltamilnews.net\/english\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/globaltamilnews.net\/english\/wp-json\/wp\/v2\/comments?post=8792"}],"version-history":[{"count":0,"href":"https:\/\/globaltamilnews.net\/english\/wp-json\/wp\/v2\/posts\/8792\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globaltamilnews.net\/english\/wp-json\/wp\/v2\/media\/8793"}],"wp:attachment":[{"href":"https:\/\/globaltamilnews.net\/english\/wp-json\/wp\/v2\/media?parent=8792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globaltamilnews.net\/english\/wp-json\/wp\/v2\/categories?post=8792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globaltamilnews.net\/english\/wp-json\/wp\/v2\/tags?post=8792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}