Sri Lanka’s central bank set its new single benchmark interest rate at 8% to bolster the economy’s recovery from the worst ...

Excluding the pandemic, the turnaround in the budget, from surplus to deficit, is set to be the largest single-year reversal ...

China is seeking to increase the share of consumption in GDP to more than half within the next decade in order to achieve a smooth transition in growth engines amid property sector adjustments and ...

China will need to adopt stronger fiscal stimulus measures to offset the impact of possible Trump tariff hikes, government ...

Sri Lanka's central bank has announced an 8.00 percent overnight policy rate dropping the earlier policy corridor, with its ...

The Cabinet of Ministers has approved the proposal for the restructuring of international sovereign bonds by way of swapping ...

The global economy is expected to grow at 3.2% and 2.7% in 2024 according to the IMF and UNCTAD, respectively.

Washington, DC: Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement about Sri Lanka to Members of the Financial Community today: ...

He returned to Ghana in 2000 to work as an economist at the Bank of Ghana. He rose from Senior Economist to Head of Department, and subsequently as Special Assistant to the Governor of the Bank. In ...

Angola is not in talks with the International Monetary Fund on a new financial assistance programme, its finance ministry ...

Less than two weeks before the Cop29 climate summit, there was an announcement in South Africa that generated little heat and ...

South Africa would gain significant economic benefits by adopting a lower inflation target though the process should be ...