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IMF

Reforms in states

The first generation of fiscal reforms in the states started with the enactment of Fiscal Responsibility and Budget Management Acts (FRBMA) between 2006 and 2010 at the prodding of the 12th Finance Commission.

Promises in Peril

Anura Kumara Dissanayake’s meteoric rise to the presidency in Sri Lanka has been followed by a sobering realisation: the promises made during a campaign in the heat of a national crisis are far easier to make than to keep.

Lebanon to start talks with IMF, World Bank: President

According to the new Prime Minister Najib Mikati, his cabinet is formed of specialists who are keen to stop the country's current collapse by dealing with urgent issues, including the negative repercussions of lifting subsidies.