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Economic Crisis

IMF’s $3 Billion Bailout Programme for Sri Lanka

On March 20, the International Monetary Fund (IMF) cleared a $3 billion-Extended Fund Facility (EFF) for Sri Lanka,...

📅 March 23, 2023

Pakistan receives $700 million from China

The foreign exchange reserves of Pakistan fell to 2.9 billion USD. It is now slowly rising to 4...

📅 February 25, 2023

US Fed: Wall Street Bank Stress Test scenarios

The Federal Reserve of the United States is to create a hypothetical scenario of economic crisis. This is...

📅 February 10, 2023

IMF 4.7 billion USD support program for Bangladesh

The Bangladesh Government has been facing several macroeconomic issues. The country holds a huge current account deficit. The...

📅 January 31, 2023

India’s Unemployment Rate Reaches Highest Level in 16 Months

According to data from the Centre for Monitoring Indian Economy (CMIE), India’s unemployment rate reached 8.30% in December,...

📅 January 2, 2023

Sub-Saharan Africa’s Debt Burden at Record High

According to the International Debt Report 2022 by the World Bank, debt of low and middle-income countries in...

📅 December 10, 2022

2022 Nobel Prize for Economics

This year, the Nobel Prize for Economics was conferred to Ben Bernanke, Douglas Diamond and Philip Dybvig. Key...

📅 October 11, 2022

Poverty and Shared Prosperity Report 2022

The World Bank’s report titled “Poverty and Shared Prosperity 2022: Correcting Course” provides the first comprehensive assessment of...

📅 October 8, 2022

UK scraps tax cut for wealthy

In a policy reversal, the UK Prime Minister has scrapped the tax cut for the wealthy. This controversial...

📅 October 4, 2022

Sri Lanka’s inflation spikes to 70.2%

Sri Lanka recorded 70.2 per cent inflation rate for August 2022. Key facts Sri Lanka’s inflation has increased...

📅 September 23, 2022

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Economic Crisis

IMF’s $3 Billion Bailout Programme for Sri Lanka

Pakistan receives $700 million from China

US Fed: Wall Street Bank Stress Test scenarios

IMF 4.7 billion USD support program for Bangladesh

India’s Unemployment Rate Reaches Highest Level in 16 Months

Sub-Saharan Africa’s Debt Burden at Record High

2022 Nobel Prize for Economics

Poverty and Shared Prosperity Report 2022

UK scraps tax cut for wealthy

Sri Lanka’s inflation spikes to 70.2%

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