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    Tag:debt

    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 -
    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 -
    Finance and Economy

    Rethinking Public Debt as Positive Investment in Sustainable Development

    It is time for creditors, international financial institutions and credit rating agencies to consider the positive long-term economic, social and environmental outcomes of investing...
    Inter Press Service -
    Finance and Economy

    Flagship Economic Report Highlights why Global Cooperation is Key

    The UN’s World Economic Situation and Prospects report for 2024 projects a slowdown in global growth from an estimated 2.7 per cent in 2023...
    OWSA Contributor -
    Finance and Economy

    Inflation Phobia Hastens Recessions, Debt Crises

    Inflation phobia among central banks is dragging economies into recession and debt crises. Their dogmatic beliefs prevent them from doing right. Instead, they take...
    Inter Press Service -
    E-governance

    G7’s ‘Partnership for Global Infrastructure and Investment’ is a Repackaged Form of ‘Build Back Better World’

    The plan is to wean countries and governments away from China's Belt and Road Initiative that provides financing for infrastructure like ports, roads and...
    OWSA Contributor -
    Accountability

    Sri Lanka, China Discussing Debt Treatment, Says Minister

    Chinese loans to Sri Lanka account for about 10 per cent of the country’s total debts and China could even provide fresh loans for...
    OWSA Contributor -
    Accountability

    Sri Lanka’s Economic Crisis Cripples Health Services

    Until 2021 the country had a strong healthcare sector, but today, Sri Lanka has run out of hard currency to buy basic medicines. Medical...
    SciDevNet -
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    Child Rights

    Myanmar Human Rights Crisis Deepens as Aid Collapses, Attacks Intensify

    Since the military coup in February 2021, nearly 6,800 civilians have been killed and over 22,000 remain arbitrarily detained, he said. Humanitarian needs have soared, with nearly 22 million people in need of assistance and more than 3.5 million displaced by conflict.
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    Finance and Economy

    World Economy Will Slow Sharply, Despite US-China Tariff De-Escalation, Says Fitch

    There have been downward pressures on US financial asset prices as reflected in equity market volatility, a weakening dollar and higher long-term 30-year government bond yields.
    Bangladesh

    Bangladesh Pays Off Major Dues to Adani, Avoids $20M Late Fee

    The Bangladesh Power Development Board (BPDB) confirmed it transferred a record $437 million in June to settle mounting arrears with Adani Power Jharkhand Ltd (APJL), the Indian firm operating the 1,496-megawatt Godda Ultra Supercritical Thermal Power Plant in Jharkhand.

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    Child Rights

    Myanmar Human Rights Crisis Deepens as Aid Collapses, Attacks Intensify

    Since the military coup in February 2021, nearly 6,800 civilians have been killed and over 22,000 remain arbitrarily detained, he said. Humanitarian needs have soared, with nearly 22 million people in need of assistance and more than 3.5 million displaced by conflict.
    Finance and Economy

    World Economy Will Slow Sharply, Despite US-China Tariff De-Escalation, Says Fitch

    There have been downward pressures on US financial asset prices as reflected in equity market volatility, a weakening dollar and higher long-term 30-year government bond yields.
    Global Governance

    The Fallout from Losing a UN Job

    I wasn’t just de-linked from my role—I was cut off from my health insurance, my professional identity, my community, and the safety net I thought I’d built after a lifetime of service.
    Finance and Economy

    World Economy Will Slow Sharply, Despite US-China Tariff De-Escalation, Says Fitch

    There have been downward pressures on US financial asset prices as reflected in equity market volatility, a weakening dollar and higher long-term 30-year government bond yields.
    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.

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