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Sri Lanka will try to manage debt without IMF help

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SRI LANKA

The government nevertheless remains under pressure from domestic critics and external stakeholders because of dwindling foreign exchange (forex) reserves and a growing debt…

Foreign options widen as economy recovers in Jamaica

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JAMAICA

Jamaica's political and economic outlook.

Austerity will bring political challenges in Sri Lanka

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SRI LANKA

The government’s commitment to fiscal consolidation is aimed at pleasing the IMF, with which Sri Lanka recently reached a staff-level agreement on a four-year, USD2.9bn bailout…

Bangladesh faces stormy lead-up to elections

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BANGLADESH

The next general election is expected in January. The health of BNP leader Khaleda Zia, under house arrest, is reportedly deteriorating seriously. Separately, the United States…

Blaming slower GDP on trade risks missing other perils

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INTERNATIONAL

Some of the downside risks the April WEO highlighted have materialised, while the FSR sees higher risks to financial stability. The explanations prioritise trade but many other…

Prospects for Pakistan in 2022

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PROSPECTS 2022

Separately, the recent Taliban takeover of Afghanistan was a strategic win, given the military-security establishment’s long-standing support for the group. The Taliban’s 'Haqqani…

Prospects for the global economy to end-2019

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PROSPECTS H2 2019

Prospects for the global economy to end-2019.

South-South cooperation has a long way to go

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INTERNATIONAL

Foreign development assistance from and to countries in the ‘Global South’ aims to disrupt not only the established direction of aid flows from the northern to the southern…

Cambodia’s Hun Manet will prioritise economy

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CAMBODIA

The Cambodian People’s Party (CPP) -- led by former premier Hun Sen, Hun Manet’s father -- won 120 out of 125 seats in the National Assembly, the lower house, in last July’s…

Nepal is unlikely to face a severe economic crisis

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NEPAL

Some observers fear Nepal could soon end up in a full-blown economic crisis such as that now affecting Sri Lanka, which recently suspended external debt servicing. Kathmandu, like…