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    Tag:IMF

    Sri Lanka Retains Special Commodity Levy to Protect Farmers – Despite Concerns Over Food Prices

    The SCL Act, which covers 63 items, imposes taxes at high rates on staple foods such as rice, potatoes, and maize. Critics argue that while these taxes protect domestic agriculture, they also make basic foods costly, exacerbating malnutrition among poor families.

    Sri Lanka’s New Outsider President In With a Chance

    Despite riding a wave of anti-corruption and anti-establishment sentiment, Dissanayake’s promise to renegotiate some austerity measures entails great economic risk and is unlikely to...

    Summit of the Future: Time to Rethink ‘Outdated and Ineffective’ International Financial Architecture

    Only 44 delegations were present when the IMF was founded, compared to the current IMF membership of 190 nations. Yet developed countries continue to...

    Sri Lanka’s State-Owned Enterprises a Drain on Economy: Think Tank

    The IMF’s Governance Diagnostic Assessment identifies state-owned enterprises as high-risk for corruption, with weak management, inadequate oversight, manipulated procurement processes, political interference, and a...

    The Demise of Democracy and Human Rights Violations in Bangladesh: International Financial Institutions’ Culpability

    Unfortunately, the IMF, the Bank and ADB turned a blind eye and continued to support the regime with a doubtful legitimacy. This has enabled...

    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...

    IMF Approves $1.1 Billion Final Tranche for Pakistan

    The statement said, macroeconomic conditions have improved over the course of the program, adding growth of 2 per cent is expected in FY24 given...

    Sri Lanka Confident of “Smoother” IMF Second Review, Says Minister

    An IMF mission is expected visit Sri Lanka on March 7 and will engage in the review of second tranche of the $3 billion...

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    Vice President Calls for Farmer-Led Agri-Business Revolution at Goa’s ICAR-CCARI Meet

    Dhankhar urged farmers to see themselves as entrepreneurs with the potential to drive rural economies. He underscored the importance of participating in the input chain of agriculture (fertilizers, pesticides, machinery) and the output chain including storage, processing, and retail.
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    Sri Lanka: NEXT Workers Demand Answers, Consultation Over Abrupt Factory Closure

    Anto Marcus, Secretary General of the Free Trade Zones and General Services Employees Union, confirmed that the company failed to consult workers as mandated by their collective agreement.

    China Urges Investment Climate Reforms as Interest in Bangladesh Grows

    China has grown into one of Bangladesh’s most significant economic partners. In FY 2023–24, Bangladesh imported goods worth $16.637 billion from China, accounting for 26.4 per cent of the country’s total imports, indicating the growing demand for Chinese products.

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    Vice President Calls for Farmer-Led Agri-Business Revolution at Goa’s ICAR-CCARI Meet

    Dhankhar urged farmers to see themselves as entrepreneurs with the potential to drive rural economies. He underscored the importance of participating in the input chain of agriculture (fertilizers, pesticides, machinery) and the output chain including storage, processing, and retail.

    Sri Lanka: NEXT Workers Demand Answers, Consultation Over Abrupt Factory Closure

    Anto Marcus, Secretary General of the Free Trade Zones and General Services Employees Union, confirmed that the company failed to consult workers as mandated by their collective agreement.