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.
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.
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.
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.
With vegetable inflation exceeding 40 per cent, consumers face the brunt of soaring costs, while weak market monitoring and governance exacerbate the issue.
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.
SOEs, including SriLankan Airlines, Sri Lanka Telecom, and Ceylon Petroleum Corporation, have long been plagued by mismanagement and inefficiencies, burdening taxpayers.
Nearly 5,000 elephants and 1,600 people have been killed in the last 15 years in clashes between elephants and humans in Sri Lanka, home to one of the largest remaining populations of Asian elephants, according to official figures.
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.
Through the KCC framework, farmers benefit from revolving credit facilities for up to five years. This flexible structure allows them to draw and repay funds as per their seasonal requirements without having to reapply for loans each season.
Nearly 5,000 elephants and 1,600 people have been killed in the last 15 years in clashes between elephants and humans in Sri Lanka, home to one of the largest remaining populations of Asian elephants, according to official figures.
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.