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1 – 10 of 10Separately, the IMF’s Executive Board on March 20 approved a four-year, roughly USD3bn Extended Fund Facility for the country. The approval came around ten months after Sri Lanka…
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DOI: 10.1108/OXAN-DB278564
ISSN: 2633-304X
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President Ranil Wickremesinghe, who promised to deliver the amendment, assumed office in July amid a wave of protests that forced his predecessor Gotabaya Rajapaksa to resign. As…
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DOI: 10.1108/OXAN-DB273767
ISSN: 2633-304X
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Indian disinvestment in state-owned enterprises.
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DOI: 10.1108/OXAN-DB223910
ISSN: 2633-304X
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Meanwhile, GDP is projected by the Reserve Bank of India (RBI) to grow by 9.5% in the fiscal year ending March, rebounding from its 7.3% contraction in 2020/21. Economic goals…
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DOI: 10.1108/OXAN-DB265259
ISSN: 2633-304X
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INDIA: Bank reform may be chosen over stimulus package
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DOI: 10.1108/OXAN-ES225201
ISSN: 2633-304X
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Prime Minister Narendra Modi announced earlier in the month that the reforms would be revoked. The laws sparked a major protest movement among farmers, who maintained that the…
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DOI: 10.1108/OXAN-DB265843
ISSN: 2633-304X
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Meanwhile, the government is under pressure to raise expenditure to help ease the pandemic-related economic crisis. Delhi is reluctant to borrow more, as an increase in public…
Total expenditure is projected at INR39.5tn (USD524.4bn), about 5% higher than the revised estimate for 2021/22. However, capital expenditure (capex) is expected to be more than…
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DOI: 10.1108/OXAN-DB267284
ISSN: 2633-304X
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The fiscal deficit is projected to be 9.5% of GDP in 2020/21 -- compared with a budgeted 3.5% -- narrowing to 6.8% in 2021/22 and 4.5% by 2025/26. The government is counting on…
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DOI: 10.1108/OXAN-DB259393
ISSN: 2633-304X
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INDIA: Airline sale gives government much-needed boost