More

    Tag:debt

    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”...

    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...

    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...

    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...

    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...

    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...

    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...

    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...

    Latest news

    War, huh, Yeah, What is it Good For?

    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.
    - Advertisement -

    World Bank Unveils $1 Billion Package to Spur Jobs and Private Sector Growth in Sri Lanka

    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.

    UN Secretary-General Urges Military restraint from India, Pakistan

    He offered his good offices to both governments to help defuse tensions and promote diplomacy, stressing that “a military solution is no solution.”

    Must read

    War, huh, Yeah, What is it Good For?

    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.

    World Bank Unveils $1 Billion Package to Spur Jobs and Private Sector Growth in Sri Lanka

    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.