Sri Lanka's recent economic performance has shown resilience, but challenges persist. The World Bank cautioned that macroeconomic stability is contingent on the consistent implementation of fiscal, financial, and monetary policies.
As Sri Lanka navigates these complex international relationships, concerns persist about the nation's sovereignty and its ability to maintain a balanced foreign policy amidst mounting external pressures.
Funding for mine action has halved over the past two years, leading to a significant reduction in the workforce. Today, only 3,000 of the 15,000 Afghan de-miners employed before the Taliban takeover are still working, with more than 40 percent losing their jobs.
Pakistan can see the writing on the wall and knows that it must refrain from using the heyday of the alliance during the early years of the Cold War as the baseline because that world no longer exists. More importantly, Pakistan is no longer the same.
Pakistan is taking significant steps to deepen its financial and economic engagement with China, aiming to tap into the world’s second-largest capital market and expand corporate opportunities in Hong Kong.
For Afghanistan, India’s support represents a vital lifeline as it navigates complex domestic and regional challenges. The agreement to promote trade, enhance humanitarian aid, and address shared security concerns lays the groundwork for a more cooperative relationship.
Hunger is skyrocketing. More than 90 per cent of the population faces "crisis" or worse levels of food insecurity, according to the latest expert findings. More than 300,000 people are likely experiencing catastrophic hunger – the highest level of food insecurity.
One should, nevertheless, keep in mind that war is horrific. It is most often not the answer. When it is, it is always the very last resort after all other means to resolve adverse situations have been well and truly exhausted.
Tourism, one of Sri Lanka’s key economic drivers, is set to receive $200 million. These funds will be used to protect and enhance natural and cultural heritage sites, create employment opportunities, and ensure local communities benefit directly from tourism revenues.
One should, nevertheless, keep in mind that war is horrific. It is most often not the answer. When it is, it is always the very last resort after all other means to resolve adverse situations have been well and truly exhausted.
Tourism, one of Sri Lanka’s key economic drivers, is set to receive $200 million. These funds will be used to protect and enhance natural and cultural heritage sites, create employment opportunities, and ensure local communities benefit directly from tourism revenues.
Flooding has long been a critical issue for Male', the densely populated capital of Maldives. The city frequently experiences severe waterlogging during heavy rains, causing disruption and damage to infrastructure.