Economic Diplomacy
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India’s Interim Budget Will Have Spillover Effects on South Asian Economy
India’s interim budget focus on poor, youth, farmers and women will not only uplift more than 60 percent of the…
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Nepal proposes electricity tariff for Bangladesh export deal
Dhaka: Nepal has proposed a tariff for the power it plans to export to Bangladesh as the two sides inched…
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ADB provides $160 million to boost energy supply and distribution in Dhaka
Dhaka: The Asian Development Bank (ADB) and the Government of Bangladesh signed a $160 million loan agreement to help upgrade Dhaka’s…
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World Bank Commits Over $1.1 Billion to Boost Human Development and Climate Resilience in Bangladesh
Dhaka: In a significant move towards fostering resilient and inclusive growth in Bangladesh, the World Bank has inked five financing…
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ADB Champions Sri Lanka’s Water Supply Sector Reform with Strategic Funding
Colombo: In a significant development, the Asian Development Bank (ADB) has committed to funding Sri Lanka’s forthcoming water supply sector…
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Sri Lanka Addresses Transparency Concerns Over $4.2 Billion China Debt Deal, Shares Details with IMF and Creditors
Colombo: In a recent development, the Sri Lankan government has taken steps to address concerns regarding transparency surrounding the $4.2 billion…
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![The $700m fund is the second tranche of the bailout the IMF signed with Pakistan in June this year [File: Johannes P Christo/Reuters]](//southasiancorrespondent.com/wp-content/uploads/2023/11/IMF-390x220.webp)
Pakistan and IMF reach deal for releasing $700m from $3bn bailout package
By Abid Hussain Islamabad, Pakistan – Pakistan and the International Monetary Fund (IMF) have reached a preliminary deal for the…
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World Bank approves $150 Million to strengthen financial sector in Sri Lanka
WASHINGTON, (World Bank)— The World Bank’s Board of Executive Directors today approved $150 million in financing for Sri Lanka to…
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Pakistan set to clear IMF review, bridge external financing gap— financial experts
ISLAMABAD: Pakistani economists and financial experts said on Thursday that the South Asian country would be able to successfully bridge…
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EU Announces 61M Euros in Aid for Afghanistan
Kabul: The European Union announced 61 million euros in aid for Afghan refugees who were deported from Pakistan. The EU…
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![The $700m fund is the second tranche of the bailout the IMF signed with Pakistan in June this year [File: Johannes P Christo/Reuters]](http://southasiancorrespondent.com/wp-content/uploads/2023/11/IMF-390x220.webp)
