Finance and Economy

Provincial leaders in Nepal have accused the interim government of Prime Minister Sushila Karki of sidelining them with a “unilateral” budget freeze, crippling preparations for crucial March elections.

If the Maldivian government delivers as pledged, Olhuvelifushi could become a model island for infrastructure upgrade, climate adaptation and community uplift in the Indian Ocean region.

The strategy sets out a roadmap for channeling climate funds into key sectors such as agriculture, tourism, energy, water and nature-based solutions.

The “roti crisis” in Pakistan underscores the country’s broader economic challenge – a struggle to balance social welfare with inflationary pressures in an economy...

This warning comes more than a decade of heedless spending for ‘stimulus’ advocated by macro-economists themselves. The warning also comes amid growing concern that the post-pandemic stimulus era may be giving way to a more constrained fiscal environment worldwide.

While the company’s withdrawal may seem abrupt, it is the result of mounting pressures – both internal and external – that eroded its once-thriving business in Pakistan.

Despite billions invested in reconstruction and ongoing government promises, thousands still reside in temporary shelters, and numerous public buildings, particularly schools and hospitals, remain unrebuilt.