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 …
IMF
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IMF Approves $206 Million Emergency Financing for Sri Lanka After Cyclone Ditwah
by SAH Staff Reporter 3 minutes readThe 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 …
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Dragon and Elephant’s Dance: China’s Consumer as India’s Next Big Opportunity
by Anand Singhby Anand Singh 7 minutes readChina, 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 …
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Cyclone Ditwah Exposes the Cracks in Sri Lanka’s Recovery, Moody’s Says, as Economists Warn of a ‘Re-Default Trap’
by R. Suryamurthy 6 minutes readSri 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 …
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India’s World Bank and IMF Leaders Celebrate Diwali in Washington DC with Message of Hope and Knowledge
by T. Vishnudatta Jayaraman 5 minutes readThe 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 …
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Global Economy Shows Resilience Amid Tariffs and Uncertainty, Say Singapore’s Shanmugaratnam, IMF’s Georgieva, and ECB’s Lagarde
by T. Vishnudatta Jayaraman 8 minutes readThe 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 …
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IMF Forecasts Mixed Outlook for South Asia: India Leads, Bangladesh and Sri Lanka Stabilize
by T. Vishnudatta Jayaraman 7 minutes readThe 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 …
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RBI Governor Highlights India’s 6.6% Growth, 1.5% Inflation at IMF-World Bank Annual Meetings
by T. Vishnudatta Jayaraman 3 minutes readAcknowledging 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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Ajay Banga: World Bank’s $9 Billion Agribusiness Push Builds on India’s Success in Inclusive Farming
by T. Vishnudatta Jayaraman 6 minutes readWorld Bank Group President Ajay Banga announced that the institution aims to double its agribusiness commitments to $9 billion annually by 2030, with plans to mobilize an additional $5 billion …
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Commonwealth Finance Ministers Meet in Washington to Strengthen Economic Resilience Amid Global Uncertainty
by T. Vishnudatta Jayaraman 4 minutes readThe Commonwealth Finance Ministers convened on October 13, 2025, during the Annual Meetings of the World Bank and International Monetary Fund (IMF) in Washington, D.C., to chart strategies for addressing …