Sri Lanka's earlier administration had agreed to purchase power from Adani’s 484-megawatt wind power project at a rate of 8.26 US cents per unit under a 20-year power purchase agreement. This agreement, announced in May 2023, triggered widespread criticism due to the high price and lack of competitive tendering.
If current trends continue, Oxfam predicts that five trillionaires will emerge within the next decade. In stark contrast, the number of people living in poverty has remained nearly unchanged since 1990.
Sri Lanka’s central bank embraced deflationary measures that allowed currency appreciation and restored external stability. Critics argue, however, that these gains may be short-lived without structural reforms and tighter inflation targets.
Human rights activists and legal experts have also welcomed the initiative, emphasising the need for independent oversight to uphold justice and prevent abuse of power.
The 2013 amendment to the Anti-Corruption Commission Act, requiring government approval to investigate politicians or bureaucrats, has been particularly criticized for stifling the ACC’s independence.
While safeguarding investments aligns with Beijing’s Belt and Road Initiative objectives, overreach risks fuelling resentment and triggering regional pushback.
Officials said that development partners reduced grants for infrastructure projects following Bangladesh's graduation from Lower- Income Countries (LIC) status to Lower Middle- Income Country (LMIC) in 2013.
By documenting distinct national patterns while highlighting shared vulnerabilities, the assessment provides a common analytical foundation for policymakers, investigators and health authorities.
By addressing tariff distortions, policy unpredictability and underinvestment in knowledge and infrastructure, the country can better convert its agricultural strengths into higher export earnings, more productive jobs and broader economic gains.
The plan underscores both the technical feasibility of continuous industrial monitoring at scale and the practical difficulties of extending such systems to thousands of smaller enterprises.
By documenting distinct national patterns while highlighting shared vulnerabilities, the assessment provides a common analytical foundation for policymakers, investigators and health authorities.
By addressing tariff distortions, policy unpredictability and underinvestment in knowledge and infrastructure, the country can better convert its agricultural strengths into higher export earnings, more productive jobs and broader economic gains.
The financial turmoil is already rippling through UN agencies, with humanitarian work bearing the brunt. BBC investigations show that agencies rarely receive full funding for crises, but the past year has been exceptionally grim.
Launched in commemoration of the United Nations International Year of Cooperatives 2025, the ‘Seeding Strength’ campaign highlights the transformative role of agricultural cooperatives in India, Bangladesh, Cambodia, and Nepal.