EconomyTop StoriesIMF to finally bailout crisis-hit Sri LankaGBO CorrespondentSeptember 6, 2022September 5, 2022 GBO CorrespondentSeptember 6, 2022September 5, 2022 The comments of the IMF were largely positive, according to Udeeshan Jonas,...
EnergyTop StoriesWill energy prices in European countries further go up?GBO CorrespondentAugust 30, 2022August 29, 2022 GBO CorrespondentAugust 30, 2022August 29, 2022 On average, Europeans spend 10% of their income on energy...
EconomyTop StoriesSri Lanka to stop printing currency as inflation soars to 60%: ReportGBO CorrespondentJuly 7, 2022July 7, 2022 GBO CorrespondentJuly 7, 2022July 7, 2022 According to official data, in the first quarter of 2022, Sri Lanka...
EconomyTop StoriesIMF warns severe impact on global economy due to Russia-Ukraine warGBO CorrespondentMarch 7, 2022 GBO CorrespondentMarch 7, 2022 Energy and commodity prices, including wheat and other grains, have surged....
EconomyTop StoriesWorld Bank Group deploys $157 bn to fight Covid-19 pandemicGBO CorrespondentJuly 21, 2021July 27, 2021 GBO CorrespondentJuly 21, 2021July 27, 2021 The world economy is expected to grow by 5.6% in 2021...
Top StoriesBrazil’s economic downturn is worse than expected: IMFGBO CorrespondentOctober 7, 2020 GBO CorrespondentOctober 7, 2020 The IMF’s report further pointed out that Brazil’s economy is expected to...
Top StoriesUAE urges banks to extend support to private sectorGBO CorrespondentApril 13, 2020 GBO CorrespondentApril 13, 2020 Previously, the central bank provided over Dh 61 billion in the form...