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    Tag:Economy

    India Mulls Aid in Sri Lanka’s Hour Of Need

    Back-of-the-envelope calculations suggest that Sri Lanka will require between US$20–25 billion over the next three years to provide essential imports of food, medicine and...

    Sri Lankan Beggar’s Opera

    It is the need for clean government that causes concerns with President Rajapaksa reneging on promises he made to introduce constitutional amendments that will...

    Should Sri Lanka Join the Ranks of the “Poorest of the World’s Poor”?

    Sri Lanka’s foreign exchange reserves have hit a low of US$1.9 billion, equivalent to funds that could finance less than one month’s imports while...

    One-Time Boost With Cow, Cash Eases Poverty, Says Study

    Transfer of assets such as cows to rural Bangladeshi households can help them rise from poverty, according to a study that says that details...

    COVID-19 Could Derail SDGs for Next Five Years, Says Report

    The progress of SDGs was already lagging before the pandemic. Scientists have warned that COVID-19 will remain uncontrolled in many countries unless coordinated action...

    Mancession To Shecession: Why Did Pandemic Recession Hit Women Harder

    The pandemic recession broke a pattern observed in similar crises – the impact on women was disproportionately higher than that on men, earning it...

    US–China Rivalry Complicates Development Aid in Nepal

    On 1 March 2022, Nepal’s coalition government, led by the Nepali Congress party, finally ratified the Millennium Challenge Corporation (MCC)’s Nepal compact, a US$500 million infrastructure and...

    Sri Lankan Economic Crisis Inflicted by Self-Serving Elite

    Once deemed a basic human needs success story, Sri Lanka is now in its worst economic crisis since independence in 1948. Nonetheless, Sri Lanka’s...

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    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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    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.