The World Bank has warned Sri Lanka of possible worsening of poverty if the crisis-hit island nation fails to address the needs of vulnerable groups when it implements painful adjustments in line with reforms for a $3 billion International…
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Oil prices sank about 5% to a five-week low on Tuesday (2) on concerns about the economy, as US politicians discuss ways to avoid a debt default and investors prepare for another US rate hike this week
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Sri Lanka has generated a primary budget surplus (deficit before interest payments) in the first quarter of 2023 exceeding an indicative target in a program with the International Monetary Fund (IMF), an official said
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Across Pakistan, the season of Ramadan — a time of daily fasting and nightly feasts with family — is in full swing. But this year, an economic crisis that has sent the price of goods soaring to record highs has muted celebrations for…
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Today, many families are barely eating (or eating nutritious meals). Food that fills them up easily, cooks fast and/or is cheap are the main considerations
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Fortune teller Andara Maanage Chandani, who runs a small shrine at her home near Colombo, says she used to make enough money to buy clothes for all eight members of her family every Sri Lankan New Year, which falls this week
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The International Monetary Fund (IMF) slightly lowered its outlook for the global economy on Tuesday (11), while predicting that most countries will avoid a recession this year despite economic worries and geopolitical tension
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Doctors working in England's public health service on Tuesday (11) launched what has been billed as the most disruptive strike in its history, in a dispute over pay and working conditions
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Sri Lanka's key inflation rate eased to 50.3% in March from 50.6% in February, the statistics department said on Friday (31)
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Bangladesh police on Wednesday (29) charged a reporter from a leading newspaper for producing "false news" after an article on high food prices went viral, stoking fears about media freedom
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