Sri Lanka’s authorities on Wednesday introduced vital cuts in gas costs, offering welcome reduction for a lot of after a yr of shortages and skyrocketing
Tag: ECONOMIC CRISIS
Syria’s Assad reshuffles Cabinet amid harsh economic crisis
State media reported that Syria’s Bashar Assad changed a number of Cabinet ministers Wednesday amid a pointy worth improve and worsening financial situations through the
IMF to assess Sri Lankan governance as part of $3B bailout
The International Monetary Fund mentioned Tuesday it’s assessing Sri Lanka’s governance within the first case of an Asian nation dealing with scrutiny for corruption as
IMF approves Sri Lanka’s $2.9-billion bailout: President
Sri Lanka’s request for a $2.9-billion bailout was authorized by the International Monetary Fund (IMF) on Monday, the South Asian nation’s President Ranil Wickremesinghe introduced.
IMF deal imminent for Sri Lanka after China’s pledge: President
China has offered necessary ensures for debt restructuring to Sri Lanka, its president stated Tuesday, which may end result within the approval of a $2.9
Lebanon turns to dollars as currency, economy crumble
Moheidein Bazazo didn’t anticipate his Beirut mini-market to thrive when he opened the business in 1986, throughout a number of the fiercest combating in Lebanon’s
N. Korea’s Kim pushes for agro reform as food shortage bites
North Korean chief Kim Jong Un is pushing for agricultural manufacturing reform amid fears the nation is going through a extreme meals scarcity. He known
As spiraling economic crisis drags on, Sudanese tighten belts
Hassan Omar, a grocer, is occupied with cleansing packaged meals objects which were accumulating mud for some time because of the ongoing financial disaster in
Bangladesh secures $4.7B IMF loan as other South Asian countries see delays
The International Monetary Fund (IMF) has accepted loans of $4.7 billion to Bangladesh for disbursal beginning instantly, making it the primary to safe such funds
Why has Syria’s economic crisis hit a new low?
Syria’s financial system has hit its lowest level because the begin of its civil conflict almost 12 years in the past, with spiraling inflation, a