India’s external debt of $620 billion sustainable: Finance Ministry report
Experts had said that the external debt of $620.7 billion need not be a concern as $490 billion is non-government and the share of government is only $130.8 billion.
ECONOMIC AFFAIRS
IMF agrees to $2.9 billion bailout for Sri Lanka
Months of acute food, fuel and medicine shortages, extended blackouts and runaway inflation have plagued the country after it ran out of dollars to finance even the most essential…
Fears of imminent subsidised fuel shortage lead to call for purchase restrictions
The subsidized gasoline quota is estimated to run out some time in early October.
Only 17% of Nepalis covered by social protection benefit: ILO
Besides a limited number of people having access to social protection schemes, the International Labour Organisation report says the available benefits are often too low to…
Digital Agency struggles to reform Japanese bureaucracy 1 year after launch
The agency's role as a control tower for the digitisation of government work has stalled due to resistance from officials.
Task forces to speed up stimulus package
China called on major economic provinces to take the lead in supporting the country's growth amid downward pressures, after key indicators slowed in July.
S’pore private health insurance premiums on the rise as claims and costs tick up
The rise in healthcare inflation was due to the higher costs of health insurance, which rose 2.5 per cent, and hospital services, which increased by 2 per cent.
Indonesia boosts social aid ahead of fuel price hike
The government has already tripled its 2022 energy subsidy allocation to Rp 502 trillion to keep prices of subsidized fuels and some power tariffs unchanged amid rising global…
Bangladesh government doing whatever needed to reduce sufferings: PM Sheikh Hasina
She also reiterated her call to utilise every inch of the land to produce food items.
South Korea’s 2023 budget includes support for soldiers, young parents
The budget bill also includes debt-rescheduling programs for small merchants, who have been hit by the pandemic, and care services for the disabled.