Habtamu expects the debt restructuring process to begin in December. The first IMF review specified that authorities had ...

Central bank Governor Mamo Mihretu’s recent assertion that Ethiopia’s foreign currency reserves have jumped to USD 5.9 billion contradicts figures in a recent ...

Coming a year after the African Union was admitted as a permanent member of the G20, South Africa's turn at the helm is seen ...

COLOMBO: Sri Lanka’s consumer prices fell by 2.1 percent in November, the highest deflation rate recorded by the economically ...

Sri Lanka experienced a historic deflation of 2.1% in November, marking the highest rate of price decline since 1961, as per ...

Africa is home to some of the brightest minds who have not only excelled in their respective fields but have also made ...

Gold reserves increase $1.828 billion to $67.573 billion during the week; the special drawing rights fall by $79 million to ...

Interim govt strengthens loan classification rule in line with int’l best practices, bringing back 2012 circular ...

The FY25 budget projected a 6.75% GDP growth, but finance ministry officials expect a maximum of 5%. They also predict that inflation is also likely to remain in double digits this year.

The Planning Commission has reported a slow pace of spending, despite sufficient authorisations, during the current year. In ...

President Dissanayake has chosen to continue with the current IMF programme, raising concerns about its impact on economic ...

In a major blow, Prime Minister Shehbaz Sharif's government has missed the five-month tax target by a margin of Rs356 billion ...