India’s productivity growth over the past two decades has been impressive, reflecting rapid expansion in high-value services, gradual efficiency-enhancing reforms, and scale advantages from a large domestic market. That said, …
An International Monetary Fund (IMF) team led by the IMF’s Mission Chief for Sri Lanka, Evan Papageorgiou, visited Colombo from January 22 to 28 to assess the impact of Cyclone …
When Canadian Prime Minister Mark Carney unveiled a new economic assistance package for war-torn Ukraine during a brief meeting with President Volodymyr Zelenskyy at a Halifax-area airport, it triggered a …
The Executive Board of the International Monetary Fund has approved a disbursement of SDR 150.5 million, approximately $206 million and equivalent to 26 percent of Sri Lanka’s quota, under the …
China, once known for churning out cheap products for Western shelves because of its cheap labour, is weighed down by a deep property slump and a consumer recovery that has …
Sri Lanka’s fragile post-default recovery is facing its most serious test yet, with Moody’s Ratings warning that the island is now the most credit-exposed economy in South and Southeast Asia …
The Office of the Executive Director for India and the Embassy of India in Washington, DC, jointly hosted Diwali celebrations at the World Bank headquarters, in partnership with the State …
The world economy has shown remarkable resilience over the past six months despite trade disruptions, tightening financial conditions, and ongoing geopolitical uncertainty, according to International Monetary Fund (IMF) Managing Director …
The International Monetary Fund (IMF) has projected that India’s economy will expand by 6.6 percent in 2025, moderating to 6.2 percent in 2026, according to its latest Regional Economic Outlook …
Acknowledging the persistent global uncertainty stemming from “geopolitical tensions, policy uncertainty, and high government debt levels” in advanced economies, India’s Reserve Bank Governor, Sanjay Malhotra, affirmed that inflation in India …
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