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    Sri Lanka

    Finance and Economy

    Sri Lanka’s Economy Shows Signs of Stabilization; but Poverty to Remain Elevated: World Bank

    Poverty rates continued to rise for the fourth year in a row, with an estimated 25.9 per cent of Sri Lankans living below the...
    OWSA Contributor -
    Finance and Economy

    Sri Lanka Banks to Set Up Business Revival Units for Troubled Borrowers

    The Asian Development Bank is helping with the establishment of a guarantee institute. This is part of the larger ADB plans for the country...
    OWSA Contributor -
    Housing, land and property rights

    Sri Lanka Set to Legalise Homes Made on Railway Property

    Minister of Transport and Highways Bandula Gunawardena said that squatters on lands belonging to Sri Lanka’s Railways Department will be leased the land after...
    OWSA Contributor -
    Democracy

    Sri Lanka: Economic Reform Act on the Anvil

    “There’s a commonly held belief that taxes should be collected from the people gently, akin to plucking flowers without crushing them. However, criticism is...
    OWSA Contributor -
    Accountability

    Sri Lanka Confident of “Smoother” IMF Second Review, Says Minister

    An IMF mission is expected visit Sri Lanka on March 7 and will engage in the review of second tranche of the $3 billion...
    OWSA Contributor -
    Finance and Economy

    Sri Lanka Set to Implement PPP in Water Supply

    The minister said that a water tariff formula has been formulated and will be submitted to the cabinet, parliament and COPE committee. A public private...
    OWSA Contributor -
    Accountability

    Sri Lanka Stuck in Choppy Political and Economic Waters

    In 2023, Sri Lanka faced significant economic and political challenges including a contraction in GDP and a rise in taxes, yet improvements were noted...
    East Asia Forum -
    Empowerment

    Inclusive and Sustainable Businesses Set New Pathways for Sri Lanka

    With ambitious reforms taking centre-stage towards rebuilding Sri Lanka into a resilient and sustainable economy, the Government of Sri Lanka is exploring opportunities to...
    Inter Press Service -
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    Latest News

    Cooperatives

    NABARD Boosts Rural Heritage: 28 New GI Tags Take Total to 176

    As India celebrates its rich diversity, NABARD’s push for GI registrations not only safeguards centuries-old traditions but also fuels economic empowerment in rural heartlands, turning cultural assets into sustainable livelihoods.
    COVID-19

    Nepal’s Recurring Credit Booms: A Pattern of Boom and Bust

    International lessons, from global financial crises to regional experiences, highlight that unmanaged credit booms rarely end well.
    Accountability

    Bangladesh Seeks Three-Year LDC Grace Period to Implement Sweeping Banking and Tax Overhauls

    Bangladesh’s economy faces headwinds including inflation, weak private investment, and global uncertainties.

    Must read

    Cooperatives

    NABARD Boosts Rural Heritage: 28 New GI Tags Take Total to 176

    As India celebrates its rich diversity, NABARD’s push for GI registrations not only safeguards centuries-old traditions but also fuels economic empowerment in rural heartlands, turning cultural assets into sustainable livelihoods.
    COVID-19

    Nepal’s Recurring Credit Booms: A Pattern of Boom and Bust

    International lessons, from global financial crises to regional experiences, highlight that unmanaged credit booms rarely end well.
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    Clean tech

    India’s Fourth Biennial Update Report Highlights Progress in Climate Action

    As the world grapples with the urgent need to combat climate change, India’s Biennial Update Report-4 serves as a testament to the power of proactive, inclusive, and equitable climate policies.
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    Air

    Delhi Pollution: Sirsa Reviews 17-Point Action Plan as Winter Smog Nears

    For Delhi’s nearly 30 million residents, the coming weeks will test whether the city’s multi-pronged strategies can meaningfully reduce the haze that has become synonymous with its winters.
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    Accountability

    Bangladesh Seeks Three-Year LDC Grace Period to Implement Sweeping Banking and Tax Overhauls

    Bangladesh’s economy faces headwinds including inflation, weak private investment, and global uncertainties.
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    Nepal’s Recurring Credit Booms: A Pattern of Boom and Bust

    International lessons, from global financial crises to regional experiences, highlight that unmanaged credit booms rarely end well.
    Bangladesh

    IMF Links $5bn Bailout to Tough Reforms in Bangladesh

    Negotiations are ongoing, with expectations that a staff-level agreement could pave the way for formal approval.

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