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    Finance and Economy

    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 -
    Clean tech

    Coal Sector Shows Highest Growth of 11.6 % among Eight Core Industries in February 2024

    The coal industry has consistently outperformed demonstrating sustained double-digit growth over the past eight months and substantially higher growth than the overall growth of...
    OWSA Staff -
    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 -
    Finance and Economy

    ILO Reaches Agreement on Living Wages

    A decision by the ILO’s Governing Body opens the way for new work by the ILO on estimating and operationalizing living wages, and on...
    OWSA Contributor -
    Afghanistan

    Pak-Afghan Border Reopens for Trade

    The border had been sealed on Monday following an exchange of fire triggered by mortar shell attacks from Afghanistan targeting the border village of...
    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 -
    Education for all

    World Bank Mission Review Progress of Higher Education Development in Pakistan

    Highlighting the overall 83 per cent project progress, the Higher Education Development in Pakistan team presented a multitude of achievements, such as the award...
    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 -
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    Sri Lanka’s Livestock Sector Poised for Transformation with Private-Led National Policy

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    Sri Lanka’s Livestock Sector Poised for Transformation with Private-Led National Policy

    As Minister Jayatissa and experts emphasise, the private sector’s dynamism, combined with targeted public support, offers the best path to a competitive, sustainable livestock industry that delivers for consumers, producers, and the nation.
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