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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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    Air

    ‘Ozone-Climate Penalty’ Adds to India’s Air Pollution

    Factors that affect ozone generation include solar radiation, humidity, precipitation and the presence of precursors – substances that lead to the formation of a pollutant through a chemical reaction – such as methane, nitrogen oxides and volatile organic compounds.
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    Features

    Human Traffickers and Smugglers Now Adept at Exploiting Digital Platforms

    Traffickers use fake online job advertisements and social media posts to deceive vulnerable individuals into forced labour, sexual exploitation, and other abuses.
    Clean tech

    Pakistan to Launch Rs 52 Billion Green Sukuk Bonds for Clean Energy Projects

    This is the first time the federal government will directly tap capital markets through a sustainable finance mechanism.

    Must read

    Air

    ‘Ozone-Climate Penalty’ Adds to India’s Air Pollution

    Factors that affect ozone generation include solar radiation, humidity, precipitation and the presence of precursors – substances that lead to the formation of a pollutant through a chemical reaction – such as methane, nitrogen oxides and volatile organic compounds.
    Features

    Human Traffickers and Smugglers Now Adept at Exploiting Digital Platforms

    Traffickers use fake online job advertisements and social media posts to deceive vulnerable individuals into forced labour, sexual exploitation, and other abuses.
    Democracy

    Pakistan: Federal and Sindh Governments Move Toward Dialogue Over Contentious Canals Dispute

    The canals project, primarily the TP Link Canal initiative in the Cholistan region of Punjab, has been the subject of intense criticism from the Sindh government, opposition parties, and civil society.
    Bangladesh

    Bangladesh Decentralisation Drive: District-Level Government Departments to Come Under Elected Councils

    To support judicial and administrative functions at the grassroots, the commission also proposes establishing full courts in every upazila under a senior assistant judge to handle both civil and criminal cases.
    Bangladesh

    World Economy Teeters on Recessionary Edge amid Rising Trade Tensions and Financial Uncertainty, UNCTAD Warns

    The report stresses that as the world stares down the possibility of a widespread recession, the urgency for cohesive, multilateral solutions has never been greater.

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