South Asia to see slower economic growth as war in Ukraine impedes recovery: World Bank report Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
Get latest articles and stories on World at LatestLY. The World Bank has slashed Pakistan's economic growth rate forecast for the current fiscal year to 4.3 per cent, down by almost one per cent against last year, and said the last ditch energy subsidies by the outgoing government put an additional burden on budget and threaten the International Monetary Fund programme. World News | World Bank Reduces Pakistan's Growth Forecast to 4.3%.
World Bank: South Asia Sees Slower Growth As War In Ukraine Impedes Recovery swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
Sri Lanka is planning to start the talk with the International Monetary Fund (IMF) on April 18 to secure at least USD 4 billion in aid for the economy, said Sri Lanka Finance Minister, local media reported.
Sri Lanka needs urgent policy measures to address its high levels of debt and debt service, reduce the fiscal deficit, and restore external stability, the World Bank said in its twice-a-year regional update.