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    Tag:Economy

    Agri-business

    Sri Lanka Faces Rising Child Malnutrition Amid Controversial Import Tax Decisions

    Amid the economic challenges, State Minister for Finance Ranjith Siyambalapitiya introduced new regulations aimed at addressing corruption in the cereal import sector. Previously, import...
    OWSA Contributor -
    Bhutan

    Bhutan Makes a Bold Leap Toward a High-Income Future

    Bhutan's 13th Five-Year Plan aims to transform the country into a high-income economy by 2034, focusing on rapid economic growth while maintaining its Gross...
    East Asia Forum -
    Bangladesh

    Bangladesh’s Political Crisis Spurs Economic Concerns, but Experts See Potential for Renewal

    S&P's report issued on Wednesday highlights that the recent political upheaval has deepened existing economic vulnerabilities. The agency warns that if the situation remains...
    OWSA Contributor -
    Finance and Economy

    Global Growth Faces Threat from Inflation, IMF Reports

    The IMF revised its growth forecasts upwards for emerging market and developing economies, driven primarily by robust economic activity in Asia, particularly in China...
    OWSA Staff -
    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

    Maldives: Tourism Slowing Down Due to Increased Demand for Guest Houses

    The World Bank has released a report stating that the expected productivity growth rate has declined compared to the previous estimation owing to the...
    OWSA Contributor -
    Finance and Economy

    Sri Lanka Banks to Set Up Business Revival Units for Troubled Borrowers

    The Asian Development Bank is helping with the establishment of a guarantee institute. This is part of the larger ADB plans for the country...
    OWSA Contributor -
    Finance and Economy

    Maldives Economy: IMF Flags Concerns

    In its report, the mission noted that amid elevated fuel prices coupled with continued strong import demands, the current account deficit in 2024 is...
    OWSA Contributor -
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    Disaster Management

    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.
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    Agri-business

    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.
    India

    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

    Disaster Management

    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.
    Agri-business

    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.
    COVID-19

    Health Inequities are Shortening Lives by Decades

    The report says that the COVID-19 pandemic is a profound global example of the inequitable health outcomes driven by upstream social determinants. From its outset, socio-economic inequality was a predictor of higher mortality.
    Disaster Management

    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.
    Accountability

    Bangladesh’s Economy Shows Flickers of Recovery amid Dour IMF-ADB Forecasts

    This slump is largely attributed to domestic unrest, contractionary monetary and fiscal policies, and a broader climate of uncertainty that has discouraged both foreign and domestic investment.

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