IMF bailout
Sri Lanka's $7 Billion Recovery Plan After Cyclone Ditwah Claims 465 Lives and Devastates Infrastructure
Dec 03, 2025 04:50 pm CST
Sri Lanka faces a monumental $7 billion reconstruction challenge after Cyclone Ditwah killed 465 people and left 366 missing. As the island nation struggles to rebuild while emerging from its worst economic crisis, President Dissanayake has declared a state of emergency and implemented relief measures, including financial assistance for affected families. Despite the devastation affecting 1.5 million people, Sri Lanka signals resilience by welcoming international tourism.
World Bank Data On India And Pakistan Shows Massive Contrast Over Poverty
Jun 10, 2025 01:07 am CST
Latest data released by the World Bank shows the tale of two countries - India and Pakistan - and their journey to battle poverty - a colonial inheritance.
India Red-Flags $800 Million Asian Development Bank Aid Package To Pakistan
Jun 05, 2025 02:41 am CST
India has expressed deep concerns over the potential misuse of the $800 million ADB aid package to Pakistan as the country is increasing its defence expenditure, despite the poor fiscal position.