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    Tag:Debt crisis

    Finance and Economy

    Sri Lankan Economy Shifting to a New Growth Path: Finance Minister Shehan Semasinghe

    Minister Shehan Semasinghe said that the government has adopted other reform programmes aside from the debt restructuring process to address the “fundamental macroeconomic vulnerabilities”...
    OWSA Contributor -
    Climate change

    Debt Swaps Could Release $100 Billion for Climate Action

    If a country and its creditors agree to a swap, a portion of that nation’s debt can be written off in exchange for achieving...
    OWSA Contributor -
    Finance and Economy

    Pakistan’s Debt Profile ‘Alarming’, Borrowing and Spending Habits ‘Unsustainable’, Says Think Tank Report

    Pakistan’s debt is growing at a much faster rate than its income — widening the financing gaps which will require further borrowing to bridge...
    OWSA Contributor -
    Bangladesh

    A Recession Worse than 2007 Crisis Around the Corner, Says UNCTAD

    UNCTAD’s latest report warns that the policy-induced global recession could be worse than the financial crisis that haunted governments and people across the globe...
    OWSA Contributor -

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    Child Rights

    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 change

    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.
    International Funding

    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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    Child Rights

    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 change

    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.
    Bangladesh

    Yunus Warns of ‘War-Like Situation’ Amid Political Crisis and Rising Tensions

    The high-stakes meeting brought together 20 leaders from various political parties and organisations in two separate sessions, as Yunus sought to shore up support amid reports of internal tensions within his interim government and growing external pressure.
    Climate change

    New Projections Show Extreme Glacier Loss Already at 2°C

    Staying close to 1.5°C on the other hand preserves at least some glacier ice in all regions, even Scandinavia, with 20-30 per cent remaining in the four most sensitive regions; and 40-45 per cent in the Himalayas and Caucuses; stressing the growing urgency of the 1.5°C temperature goal and rapid decarbonization to achieve it.
    Agri-business

    Sri Lanka and New Zealand Eye Stronger Economic and Educational Ties

    Beyond trade, both nations expressed keen interest in enhancing vocational training collaboration, with a specific focus on developing industry-aligned skills for Sri Lankan youth.

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