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    Tag:Economy

    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.
    OWSA Contributor -
    Corruption

    Sri Lanka Urged to Reform Tariffs, Expand Trade Links with India Amid US Tariff Shock

    According to the US Trade Representative’s findings, Sri Lanka’s high tariff rates – among the world’s highest by certain metrics – along with unpredictable customs procedures and non-transparent policy shifts, have contributed to strained trade relations.
    OWSA Contributor -
    Accountability

    IMF Urges Maldives to Cut Spending; Tighten Monetary Policy to Manage Debt and Currency

    According to the IMF, the Maldivian government faces the critical challenge of balancing fiscal discipline with economic growth. The IMF feels that while reforms may be difficult, they are essential to ensure macroeconomic stability and sustainable development in the years ahead.
    OWSA Contributor -
    E-governance

    India’s Digital Economy to Contribute One-Fifth of National Income by 2029-30, Says Report

    The report says that India is the third largest digitalised country in the world in terms of economy-wide digitalization, and twelfth among the G20 countries in the level of digitalisation of individual users.
    OWSA Staff -
    Democracy

    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.
    OWSA Contributor -
    Accountability

    Sri Lanka: Cost of Living to Rise in Second Half of 2025

    Sri Lanka’s central bank embraced deflationary measures that allowed currency appreciation and restored external stability. Critics argue, however, that these gains may be short-lived without structural reforms and tighter inflation targets.
    OWSA Contributor -
    Finance and Economy

    South Asia’s Resilient Economic Outlook Amid Global Uncertainty

    The global economic growth is driven by strong economic activity in India, alongside recoveries in Pakistan, Bhutan, Nepal, and Sri Lanka.
    OWSA Contributor -
    Finance and Economy

    Sri Lanka Engages IMF for Restructuring of State Owned Enterprise; Prioritises Poverty Alleviation and Rural Development

    SOEs, including SriLankan Airlines, Sri Lanka Telecom, and Ceylon Petroleum Corporation, have long been plagued by mismanagement and inefficiencies, burdening taxpayers.
    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.

    Must read

    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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    Climate Change

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