More

    Tag:World Bank

    Sri Lanka’s Poverty Line Surges Past Rs. 17,100 Amid Lingering Economic Strain

    If Sri Lanka is to prevent a permanent underclass from forming in the wake of the 2022 crisis, economists argue that the focus must shift aggressively from mere stabilization to equitable growth.

    Bangladesh SOEs Drain Tk882 Billion from Treasury as Losses Mount: World Bank Study

    For chronically loss-making enterprises that no longer serve clear strategic national interests, the study suggests eventual privatisation or orderly closure.

    From Default to Recovery: Sri Lanka’s Economic Resurgence Faces the Dual Tests of Climate Shocks and Poverty

    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.

    World Bank: Middle East Conflict to Push 1.2 Million More Bangladeshis Below Poverty Line

    At the international poverty line of $3 a day, an additional 1.4 million people are estimated to have slipped into poverty between 2022 and 2025 due to stagnant labour incomes and persistent inflation that eroded the benefits of whatever growth occurred.

    IMF, World Bank and WFP Warn: Iran War to Drive Sharp Rise in Global Food Prices

    As the two-week ceasefire takes effect, markets will be watching closely for signs of sustained de-escalation. Yet even if fighting subsides, the economic scars of the Iran war may take far longer to heal, the three organisations said.

    Sri Lanka Flood: 627 Dead, 190 Missing — Economic Shock Deepens as Food, Health, and Infrastructure Crises Spread

    Experts point out that recovery fund and planned reconstruction must also prioritise restoring agricultural capacity, irrigation and roads – because Sri Lanka’s food security and export-based economy depend critically on them.

    Sri Lanka: Parliament Seeks Overhaul of Flagship Social Security Program Amid Data, Transparency Concerns

    In the meantime, civil society will likely continue pressing for accountability, especially in light of RTI-documented abuses.

    Gen-Z Unrest Wipes Billions Off Nepal’s Economy as Growth Outlook Darkens

    Even as relief plans are underway, many warn that rebuilding will not just require bricks and mortar – but a renewed social contract that can lay the foundations for more inclusive and resilient growth.

    Latest news

    Global Peace Index 2026: World Grows Less Peaceful as South Asia Records Sharpest Decline; India Ranks 127th

    As global conflicts multiply, nations like India, with its demographic dividend and growing global influence, have an opportunity to lead by example in fostering stability.
    - Advertisement -

    Scorching Crisis: Karachi Braces for Extreme Heatwave as Temperatures Soar Towards 47°C

    Pakistan’s experience mirrors global challenges, urging international cooperation on mitigation while building local resilience. In the blistering streets of Karachi, the human cost of inaction is measured not just in degrees, but in lives and livelihoods under threat.

    EU-Backed Initiative Puts Sri Lanka’s Green Finance Taxonomy into Action, Training Stakeholders for Sustainable Growth

    The training of over 200 stakeholders represents not just technical progress but a strategic commitment to a greener future. As implementation gains momentum, Sri Lanka’s financial sector is poised to play a transformative role in the nation’s sustainable development journey.

    Must read

    Global Peace Index 2026: World Grows Less Peaceful as South Asia Records Sharpest Decline; India Ranks 127th

    As global conflicts multiply, nations like India, with its demographic dividend and growing global influence, have an opportunity to lead by example in fostering stability.

    Scorching Crisis: Karachi Braces for Extreme Heatwave as Temperatures Soar Towards 47°C

    Pakistan’s experience mirrors global challenges, urging international cooperation on mitigation while building local resilience. In the blistering streets of Karachi, the human cost of inaction is measured not just in degrees, but in lives and livelihoods under threat.