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    Inflation

    Agri-business

    World Bank’s Latest Report Highlights India’s Economic Growth and Trade Challenges

    The report says that India's rapid economic growth and expansion has had a positive impact on the labour market. Urban unemployment rates, particularly for...
    OWSA Staff -
    Agri-business

    Sri Lanka Faces Rising Child Malnutrition Amid Controversial Import Tax Decisions

    Amid the economic challenges, State Minister for Finance Ranjith Siyambalapitiya introduced new regulations aimed at addressing corruption in the cereal import sector. Previously, import...
    OWSA Contributor -
    Finance and Economy

    Sri Lanka’s High Alcohol Taxes Spur Surge in Illicit Consumption

    The tax burden on alcohol has significantly increased. As of July 1, 2023, taxes on absolute proof alcohol were raised from 5,000 rupees to...
    OWSA Contributor -
    Democracy

    Sri Lanka President Unveils Economic Development Manifesto

    “We are on a pathway to recovery from the chaos of 2022, only I have a plan for the next five years of our journey,” Wickremesinghe said
    OWSA Contributor -
    Food Security

    UN Report Reveals India Has Highest Number of Undernourished People Globally

    According to the report, India is home to the largest number of undernourished individuals in the world. The alarming data underscores the severe nutritional...
    OWSA Staff -
    Finance and Economy

    India’s Economic Survey 2023-24: Navigating Post-Election Challenges and Economic Growth

    As India navigates its post-election landscape, addressing the critical need for job creation in the non-farm sector will be pivotal in fostering inclusive economic...
    Bijoy Patro -
    Finance and Economy

    Global Growth Faces Threat from Inflation, IMF Reports

    The IMF revised its growth forecasts upwards for emerging market and developing economies, driven primarily by robust economic activity in Asia, particularly in China...
    OWSA Staff -
    Finance and Economy

    World Bank Urges Maldives to Cut Costs, Implement Reforms

    World Bank highlighted the Maldives' current economic and fiscal situation and provided recommendations to alleviate the challenges at present. Inflation is projected to rise...
    OWSA Contributor -
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    Sri Lanka to Abolish Controversial Prevention of Terrorism Act Within Months

    Challenges persist: balancing security needs with rights, combating rising organized crime and drug issues without draconian tools, and ensuring implementation does not lag.
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