macroeconomic stability — 9DASHLINE

Sri Lanka gradually returns to macroeconomic stability, but risks remain

Written by Anjali Hewapathage and Thilina Panduwawala

It may be true that Sri Lanka is on a path of economic recovery, but, despite the ambition and compliance to continue growth, it might prove challenging as risk factors play out both locally and globally.

South Asia9DLSeptember 25, 20239dashline, Sri Lanka gradually returns to macroeconomic stability, but risks remain, Anjali Hewapathage, Thilina Panduwawala, Sri Lanka, macroeconomic stability, IMF, Extended Fund Facility, EFF, domestic debt restructuring, DDR, domestic creditors, rupee, central bank, superannuation retirement funds, domestic banking system, private sector bond investors, interest rates, monetary easing, inflation, Central Bank of Sri Lanka, statutory reserve, economic recovery, economic growth, import restrictions, foreign exchange, tourism, inward remittances, revenue targets, expenditure targets, fiscal targets, fund disbursements, tax revenues, GDP ratio, pay-as-you-earn, PAYE, withholding taxes, tax revenue, property tax, wealth tax, revenue collection, tax collection authorities, interest expenditures, multilateral organisations, Asian Development Bank, World Bank, domestic financing, foreign exchange reserves, state-owned enterprises, SOEs, fiscal expenditure, cost-reflective energy reforms, SOE privatisation, Petroleum sector, Petroleum sector liberalisations, United Petroleum, RM Parks, Shell, economic ambition, IMF-backed reform agenda, reform agenda, superannuation funds, debt restructuring, cost of living crisis, costs of living, national elections, lagging economic recovery, private sector, high interest rates, bank loans, banking sector, non-performing loans, economic risks, El Niño phenomenon, South Asia, crude oil imports, hydroelectric power, economic volatility, climate risks, low-income households, social safety nets, social welfare, Sri Lankan economy, external debt repayments, external financing, restructured debt repayments, debt repayments, Sri Lanka gradually returns to macroeconomic stability but risks remain

Pakistan’s fatiguing interest in the IMF reform program

Written by Asad Ejaz Butt

While Pakistan does not have any alternate short-term options other than returning to the IMF, it can consider structural reforms, like targeted subsidies and rationalisation of current expenditure through fiscal prudence and better management of state resources.

South Asia9DLDecember 19, 20229dashline, Pakistan’s Fatiguing Interest in the IMF Reform Program, Asad Ejaz Butt, Pakistan, South Asian Voices, International Monetary Fund, IMF, Islamabad, IMF’s Pakistan program, economy, economic crisis, floods, flash floods, macro-fiscal stability, Ishaq Dar, Nawaz Sharif, Prime Minister Shahbaz Sharif, Shahbaz Sharif, Pakistan’s Finance Minister, fiscal discipline, IMF headquarters, self-sufficiency, Washington, extended fund facility (EFF), staff-level agreement, fiscal and external imbalances, procyclical, economic indicators, account and fiscal deficits, long-term structural reforms, fiscal consolidation, bail-out, loan, loans, macroeconomic stability, commercial bank, banking, Imran Khan, PTI government, PTI, Pakistan Tehreek-e-Insaf (PTI), nudge, Fiscal and current account deficits, economic collapse, policy rate, monetary tightening prescription, tax, tax revenues, currency, devaluation, free-market and laissez-faire economics, cash, mortgage financing, inflation, business, fiscal deficits, expenditure, debt, debt servicing payments, rupee, rupee devaluation, exports, imports, remittances, oil imports, foreign exchange flexibility, subsidies, donor, donor and IMF fatigue, World Bank, Sri Lanka

The world needs Sino-American climate cooperation

Written by Taylah Bland

If the world’s two rivalling superpowers can cooperate on climate change, the rest of the world has no excuse but to join in the effort.