Tag:IMF

Pakistan is taking significant steps to deepen its financial and economic engagement with China, aiming to tap into the world’s second-largest capital market and expand corporate opportunities in Hong Kong.

SOEs, including SriLankan Airlines, Sri Lanka Telecom, and Ceylon Petroleum Corporation, have long been plagued by mismanagement and inefficiencies, burdening taxpayers.

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.

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...

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

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...

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

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