More

    Tag:foreign exchange

    Cash-Strapped Taliban Turns to Coal

    Coal is the easiest source of foreign exchange for a stressed economy under Taliban governance, but all doesn’t seem to go well. The prices...

    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...

    Democratic Nepal’s Backroom Politics Resemble Palace Intrigues of Yesteryears

    Life has been tough for the finance minister, especially with his political opponents gunning for him in the midst of an economic crisis the...

    Nepal Works to Promote Remittances; Tightens Screws on Imports

    Banking bodies and associations of non-residents have been roped in by the Nepal government to curb the flow of currency and attract foreign exchange...

    Sri Lanka’s Political Turmoil Risks Derailing the Economy Further

    Sri Lanka is facing unprecedented political turmoil, and with the economy in a tailspin it is in its weakest state in decades. The country...

    In Sri Lanka, Rajapaksas on the Ropes

    With the economy in freefall and basics such as food and fuel in dangerously short supply, there is mounting public anger against a failing...

    Lack of Money to Import Paper Leads to Postponement of School Examination

    The past week has seen public protests outside the presidential office and a social media campaign trending as “Gota Go Home” that calls on...

    Sri Lanka’s best-known tourism ambassador wants to leave as economy tanks

    Challenged to import fuel to run its power plants and with its dams running out of water reserves and not producing electricity, Sri Lanka’s...

    Latest news

    World Bank Urges Maldives to Cut Costs, Implement Reforms

    World Bank highlighted the Maldives' current economic and fiscal situation and provided recommendations to alleviate the challenges at present....
    - Advertisement -

    Time to Reinforce Political Commitment within SAARC: Secretary General Golam Sarwar

    The SAARC Secretary General said that the recent positive gestures from both India and Pakistan with regard to the...

    Floods Continue to Batter Afghanistan

    The rains followed an uncharacteristically late winter and cold wave and have significantly impacted lives and livelihoods – particularly...

    Must read

    World Bank Urges Maldives to Cut Costs, Implement Reforms

    World Bank highlighted the Maldives' current economic and fiscal...

    Time to Reinforce Political Commitment within SAARC: Secretary General Golam Sarwar

    The SAARC Secretary General said that the recent positive...