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    Finance and Economy

    Finance and Economy

    New UN Report Charts Path out of Debt Crisis Threatening Global Development

    Debt service payments by developing countries have soared by $74 billion in a single year, from $847 billion to $921 billion.
    OWSA Contributor -
    Finance and Economy

    World Economy Will Slow Sharply, Despite US-China Tariff De-Escalation, Says Fitch

    There have been downward pressures on US financial asset prices as reflected in equity market volatility, a weakening dollar and higher long-term 30-year government bond yields.
    OWSA Staff -
    Clean tech

    US Eyes Big Wins in Pakistan’s Mining Sector

    Reaffirming the United States’ commitment to fostering commercial ties, the U.S. Mission in Pakistan announced its continued support for American businesses interested in operating within the country.
    OWSA Contributor -
    Afghanistan

    Senior Envoy Warns Iran-Israel Conflict is Deepening Crisis in Afghanistan

    Meanwhile, the de facto authorities have conveyed grievances around frozen assets, sanctions, non-recognition, the need for greater development assistance, and an end to aid dependency.
    OWSA Contributor -
    Clean tech

    $150mn World Bank Financing for Sri Lanka to Boost Renewables, Avoid Blackouts

    A core feature of the initiative includes $40 million in World Bank Group guarantees in the first phase. This will help reduce risks for private investors and energy producers.
    OWSA Contributor -
    CSR and sustainability

    Can Money Change the World?

    What prevents even a small fraction of these funds from flowing toward sustainability? This gap represents not only a financial challenge but also an opportunity to rethink how the economic system works and reorient it towards more equitable and resilient growth.
    Inter Press Service -
    Finance and Economy

    China and Sri Lanka Move Closer to Free Trade Agreement Amid Global Trade Uncertainty

    Speaking at a business forum attended by around 100 Chinese companies eager to explore investment and trade opportunities in Sri Lanka, Minister Wang called for accelerating negotiations on the FTA.
    OWSA Contributor -
    Agri-business

    Government Extends Interest Relief for Farmers, Reinforces KCC and MISS as Pillars of Agricultural Credit

    Through the KCC framework, farmers benefit from revolving credit facilities for up to five years. This flexible structure allows them to draw and repay funds as per their seasonal requirements without having to reapply for loans each season.
    OWSA Staff -
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    Civil society

    Nepal’s Proposed Media Council Bill Raises Press Freedom Concerns Amid Tiered Penalties

    The developments in Nepal illustrate a familiar tension across many democracies: the challenge of establishing effective self-regulation and accountability mechanisms without creating tools that could be used to constrain critical reporting.
    Clean tech

    India Turns Organic Waste into Clean Fuel, Power and Fertilizer under Swachh Bharat Mission

    India’s experience offers a transferable lesson: organic waste streams, when systematically collected and processed, can simultaneously advance sanitation, energy access, climate mitigation and rural-urban linkages.
    Agriculture

    RBI Raises Key Interest Rate for First Time in Nearly Four Years as Inflation Risks Broaden

    The October policy reflects a careful recalibration: prioritising price stability without derailing an economy that continues to demonstrate resilience in the face of global headwinds.

    Must read

    Civil society

    Nepal’s Proposed Media Council Bill Raises Press Freedom Concerns Amid Tiered Penalties

    The developments in Nepal illustrate a familiar tension across many democracies: the challenge of establishing effective self-regulation and accountability mechanisms without creating tools that could be used to constrain critical reporting.
    Clean tech

    India Turns Organic Waste into Clean Fuel, Power and Fertilizer under Swachh Bharat Mission

    India’s experience offers a transferable lesson: organic waste streams, when systematically collected and processed, can simultaneously advance sanitation, energy access, climate mitigation and rural-urban linkages.
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    Accountability

    Sri Lanka Rejects Earlier Pricing for Adani Wind Power Projects

    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.
    OWSA Contributor -
    Climate change

    $33 Billion Funding Gap for Climate ‘Loss And Damage’

    As costs of extreme weather events are rise rapidly...
    SciDevNet -
    Clean tech

    India Turns Organic Waste into Clean Fuel, Power and Fertilizer under Swachh Bharat Mission

    India’s experience offers a transferable lesson: organic waste streams, when systematically collected and processed, can simultaneously advance sanitation, energy access, climate mitigation and rural-urban linkages.
    Civil society

    Nepal’s Proposed Media Council Bill Raises Press Freedom Concerns Amid Tiered Penalties

    The developments in Nepal illustrate a familiar tension across many democracies: the challenge of establishing effective self-regulation and accountability mechanisms without creating tools that could be used to constrain critical reporting.
    Finance and Economy

    RBI Raises Key Interest Rate for First Time in Nearly Four Years as Inflation Risks Broaden

    The October policy reflects a careful recalibration: prioritising price stability without derailing an economy that continues to demonstrate resilience in the face of global headwinds.

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    About OWSA

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