Tag:fiscal policy

The World Bank currently projects a modest recovery to 3.9 per cent in FY2027-28 if reforms gather momentum.

For a country that once stood as a global example of rapid poverty reduction, the cost of inaction is measured not only in percentage points of GDP, but in the daily struggles of millions of families left without the support they need.

The rare budget surplus is a notable achievement after years of crisis. Yet the slow conversion of reconstruction allocations into actual rebuilding underscores that fiscal numbers alone do not tell the full story of recovery.

The market’s verdict has been swift and unforgiving. Brent crude futures rocketed to $119.50 per barrel – the highest since mid-2022 – while West Texas Intermediate (WTI) hit $119.48, capping a blistering 25 per cent surge in days.