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    Finance and Economy

    Finance and Economy

    Democratic Nepal’s Backroom Politics Resemble Palace Intrigues of Yesteryears

    Life has been tough for the finance minister, especially with his political opponents gunning for him in the midst of an economic crisis the...
    OWSA Contributor -
    Afghanistan

    Afghanistan’s Salaried Citizens Allowed To Withdraw Their Salaries

    Afghanistan’s central bank, Da Afghanistan Bank, on Thursday lifted restrictions on salaried people withdrawing their salaries. The central bank had imposed restrictions in the face...
    OWSA Contributor -
    Asia Pacific

    ESCAP’s ‘Build Forward Fairer’ Report, Urges New Social Contract for Asia and Pacific

    ESCAP's new survey says that economic recovery from the COVID-19 pandemic and other global shocks must be anchored in an inclusive “new social contract”,...
    OWSA Contributor -
    Finance and Economy

    Nepal Works to Promote Remittances; Tightens Screws on Imports

    Banking bodies and associations of non-residents have been roped in by the Nepal government to curb the flow of currency and attract foreign exchange...
    OWSA Contributor -
    Finance and Economy

    Lankans Suspend Repayment of Foreign Debts

    In a sudden, though not unexpected development, Sri Lanka today announced the suspension of the island nation’s debt repayments. Sri Lanka’s Treasury Secretary Mahinda Siriwardena...
    OWSA Contributor -
    Accountability

    Sri Lanka’s Political Turmoil Risks Derailing the Economy Further

    Sri Lanka is facing unprecedented political turmoil, and with the economy in a tailspin it is in its weakest state in decades. The country...
    East Asia Forum -
    Accountability

    Protests a Basic Human Right, UN Experts Tell Sri Lanka

    The experts called on the authorities to engage in constructive and open dialogue with the Sri Lankan people, saying that “peaceful protests and voices...
    OWSA Staff -
    Finance and Economy

    Sri Lanka Needs a Finance Minister and IMF Assistance to Avoid Economy Fall Off Precipice: Chambers

    A joint letter from 23 Sri Lankan business chambers has warned of economic collapse, further jobs losses, social unrest a worsening hunger situation if...
    OWSA Contributor -
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    Finance and Economy

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    Countries Finalise Historic Pandemic Agreement After Three Years of Negotiations

    The text affirms national sovereignty in public health decisions. It states explicitly that nothing in the agreement gives WHO the authority to mandate health measures such as lockdowns, vaccination campaigns, or border closures.
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    While India’s RAMSAR Sites Tally Rises, Wetlands Remain Endangered

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    Finance and Economy

    UN Trade Body Urges US to Exempt Vulnerable Economies from Tariff Hikes amid Rising Trade Tensions

    Despite their marginal impact, many of these countries could face tariff rates as high as 50 per cent, such as Lesotho, while Cameroon could face 11 per cent.
    Climate change

    Countries Finalise Historic Pandemic Agreement After Three Years of Negotiations

    The text affirms national sovereignty in public health decisions. It states explicitly that nothing in the agreement gives WHO the authority to mandate health measures such as lockdowns, vaccination campaigns, or border closures.
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