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    Tag:debt

    India Writes Off $100 Million in Sri Lankan Debt as Modi Resets Bilateral Ties

    India played a key role as a co-chair in Sri Lanka’s overall debt restructuring discussions, making it a critical diplomatic player in the island nation’s path to financial recovery.

    Sri Lanka to Amend IMF-Backed Electricity Act Amid Policy Shift

    While the previous government’s reforms aimed at increasing transparency, efficiency, and private sector involvement, the Dissanayake administration appears to be prioritising a different approach, potentially curbing or modifying privatisation efforts.

    Nepal: Economic Prosperity vs. Rising Debt and Inflation

    With vegetable inflation exceeding 40 per cent, consumers face the brunt of soaring costs, while weak market monitoring and governance exacerbate the issue.

    Nepal’s Public Debt Soars: Reaching 44 per cent of GDP, Experts Urge Fiscal Prudence

    Nepal’s debt trajectory aligns with global trends among developing nations, which have seen rising public debt due to post-pandemic recovery efforts, inflationary pressures, and currency devaluations.

    Maldives: Muizzu Addresses Economic Stabilization Efforts, Commits to Avoid Printing Money

    The President revealed that the government had successfully recouped MVR 3.1 billion from various parties, contributing to a reduction in the overall national debt.

    Sri Lanka’s New Outsider President In With a Chance

    Despite riding a wave of anti-corruption and anti-establishment sentiment, Dissanayake’s promise to renegotiate some austerity measures entails great economic risk and is unlikely to...

    At UN ‘Summit of the Future’, Civil Society Demand Radical Changes to International Financial Architecture

    Currency devaluations have raised the cost of servicing external debt, in many instances, while governments have been forced by conditionalities imposed by international institutions...

    Sri Lanka Set to Announce Successful Completion of Debt Restructuring Programme

    With the global economic landscape evolving rapidly, the island nation's ability to manage its debt and implement effective economic policies will be closely watched...

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    Justice is Not a Privilege, It is a Right for Every Child: Justice Savitri Ratho

    Justice Madan Lokur, Chairperson of the United Nations’ Internal Justice Council and former Judge of the Supreme Court of India, emphasised the need for meaningful access to justice for children—as victims, as accused, and as those in need of care and protection, in all their avatars.
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    Climate Justice Starts with a Bus Ride: A Lifeline for Delhi’s Waste Pickers

    For Delhi’s waste pickers, a working bus route is not a luxury. It is a pathway to dignity, safety, and survival. In a city battling extreme heat, toxic air, and rising inequality, climate justice might just begin with a seat on a functioning, inclusive bus.

    Sri Lanka Launches First Public-Private Water Supply Partnership with ADB Support

    The pilot in Galle is seen as a potential blueprint for nationwide replication, with implications for addressing water inefficiencies throughout Sri Lanka. If successful, it could also serve as a model for other countries in the region facing similar challenges.

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    Justice is Not a Privilege, It is a Right for Every Child: Justice Savitri Ratho

    Justice Madan Lokur, Chairperson of the United Nations’ Internal Justice Council and former Judge of the Supreme Court of India, emphasised the need for meaningful access to justice for children—as victims, as accused, and as those in need of care and protection, in all their avatars.

    Climate Justice Starts with a Bus Ride: A Lifeline for Delhi’s Waste Pickers

    For Delhi’s waste pickers, a working bus route is not a luxury. It is a pathway to dignity, safety, and survival. In a city battling extreme heat, toxic air, and rising inequality, climate justice might just begin with a seat on a functioning, inclusive bus.