Tag:South Asia economy

Bangladesh’s situation illustrates the double-edged nature of labour migration for lower-middle-income countries.

The provisional September figures, compiled with a weighted response rate of 83.4 per cent, will be subject to revision.

RBI sources maintain that India’s inflation remains moderate by historical standards and well within the RBI’s tolerance band, yet the steady upward climb since early 2026 and the sharp food contribution have returned price stability to the centre of the policy conversation.

Negotiations are ongoing, with expectations that a staff-level agreement could pave the way for formal approval.

As the World Bank has highlighted, maintaining upper-middle status requires not just recovery momentum but deep structural reforms to drive sustainable, inclusive growth.

The government has projected growth of around 4 per cent for the next fiscal year, while aiming to keep inflation under control and continue fiscal consolidation.

Sri Lanka has successfully navigated its way out of the darkest days of sovereign default, rebuilding a foundation of stability. However, as the World Bank’s latest assessment makes clear, this recovery remains deeply uneven.

The transition will require careful policy planning to ensure that the gains achieved over decades are not undermined by sudden changes in trade and development frameworks.