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Economy

Pakistan Achieves Major Fiscal Milestone with Record Deficit Reduction.

May 17, 2026 at 9:52 PM

Pakistan has reported a significant improvement in its fiscal health for the 2025 fiscal year, with the budget deficit narrowing to 5.38% of GDP, outperforming IMF and government projections through disciplined spending and robust revenue growth.

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Pakistan Achieves Major Fiscal Milestone with Record Deficit Reduction
Image Credit : arabnews.com
Economy
Strategic Fiscal Management: How Malaysia is Strengthening Economic Resilience
Image Source : ncua.gov

Strategic Fiscal Management: How Malaysia is Strengthening Economic Resilience.

May 13, 2026 at 8:37 PM
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Economy
India’s Strategic Fiscal Path: Balancing Growth with Long-term Stability
Image Source : thebftonline.com

India’s Strategic Fiscal Path: Balancing Growth with Long-term Stability.

May 4, 2026 at 7:58 PM
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Local News
Reflecting on the Premadasa Economic Model Amidst Current Fiscal Realities
Image Source : sundaytimes.lk

Reflecting on the Premadasa Economic Model Amidst Current Fiscal Realities.

April 30, 2026 at 6:55 PM
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Fiscal Stability Achieved: Revenue Expansion Powers Primary Surplus to 5.4%
Image Source : investopedia.com
Economy•
April 28, 2026 at 8:45 PM

Fiscal Stability Achieved: Revenue Expansion Powers Primary Surplus to 5.4%.

Analysis reveals that the recent attainment of a 5.4% primary surplus is primarily driven by significant improvements in revenue collection rather than aggressive expenditure cuts, marking a shift in fiscal consolidation strategies.

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Local News

Sri Lanka’s Economic Stabilization Faces Test Amid Emerging Medical Supply Crisis.

April 25, 2026 at 7:03 PM

While macroeconomic indicators show signs of recovery under the NPP government, Sri Lanka faces a critical challenge as the pharmaceutical industry warns of impending shortages of life-saving medicines.

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Japan
Japanese Opposition Demands Five-Year Fiscal Consolidation Roadmap
Image Source : nippon.com

Japanese Opposition Demands Five-Year Fiscal Consolidation Roadmap.

April 20, 2026 at 2:24 AM
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Economy

Why Investing in the Care Economy is Essential for Economic Resilience.

The ILO highlights the critical role of the care economy in fostering societal resilience and gender equality. By adopting the 5R framework, nations can address the undervaluation of care work and drive sustainable economic growth.

April 18, 2026 at 1:24 PM
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Economy
Canada Leads G7 Nations in Fiscal Strength, Says IMF
Image Source : imf.org

Canada Leads G7 Nations in Fiscal Strength, Says IMF.

April 17, 2026 at 3:48 PM
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Strategic Use of Tax Refunds: Why More Americans Are Prioritizing Debt Reduction
Image Source : gobankingrates.com
Finance•
April 16, 2026 at 10:36 AM

Strategic Use of Tax Refunds: Why More Americans Are Prioritizing Debt Reduction.

As tax season arrives, many Americans are shifting their focus from spending to financial stability, with a significant number using their tax refunds to tackle high-interest debt and improve long-term financial health.

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Local News

Sri Lanka’s Inland Revenue Department Achieves Record-Breaking Tax Collection in Q1 2026.

April 10, 2026 at 8:07 AM

The Inland Revenue Department of Sri Lanka has posted a robust start to 2026, collecting over Rs. 606 billion in tax revenue, a 17.7% year-on-year increase, signaling strong economic momentum and improved compliance.

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Sri Lanka’s Inland Revenue Department Achieves Record-Breaking Tax Collection in Q1 2026
Image Credit : onlanka.com
Local News

IMF Emphasizes Fiscal Discipline for Sri Lanka Amid Cyclone Recovery Efforts.

The IMF has urged Sri Lanka to maintain fiscal discipline under the Public Financial Management Act while navigating the economic impact of Cyclone Ditwah. Officials indicate the primary expenditure limit of 13% of GDP may be exceeded to fund reconstruction efforts.

April 10, 2026 at 1:44 AM
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Local News
IMF Calls for Targeted Relief Amidst Proposed Electricity Tariff Adjustments
Image Source : economictimes.indiatimes.com

IMF Calls for Targeted Relief Amidst Proposed Electricity Tariff Adjustments.

April 9, 2026 at 5:21 PM
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Local News
Escalating Tobacco Crisis: Over 12,000 Lives Lost Annually in Sri Lanka
Image Source : eco-business.com

Escalating Tobacco Crisis: Over 12,000 Lives Lost Annually in Sri Lanka.

April 9, 2026 at 10:27 AM
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Economy•
April 8, 2026 at 1:27 PM

Global Defense Spending Surge Raises Fiscal Deficit Concerns, IMF Warns.

The IMF has raised alarms over the rapid escalation of global military spending, noting that it threatens to widen fiscal deficits and potentially destabilize the economic recovery of nations already grappling with debt burdens.

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Economy

Long Covid's Hidden Economic Toll: A $135 Billion Annual Burden for OECD Nations.

April 8, 2026 at 1:12 PM

New OECD research highlights that Long Covid is causing up to $135 billion in annual economic losses for member nations, primarily driven by workforce productivity declines and increased labor market exits.

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Economy
Governments Cautioned Against Expanding Fiscal Deficits Amid Rising Global Aid Demands
Image Source : washingtonpost.com

Governments Cautioned Against Expanding Fiscal Deficits Amid Rising Global Aid Demands.

April 8, 2026 at 11:14 AM
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Local News
Government Updates Economic Relief Measures and Public Sector Regulations in Sri Lanka
Image Source : onlanka.com

Government Updates Economic Relief Measures and Public Sector Regulations in Sri Lanka.

April 8, 2026 at 7:07 AM
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Local News
Government Implements Stricter Spending Controls Amid Regional Energy Concerns
Image Source : island.lk

Government Implements Stricter Spending Controls Amid Regional Energy Concerns.

April 3, 2026 at 7:54 AM
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President Dissanayake Reviews Economic Reform Milestones with IMF Mission
Image Source : thetricontinental.org
Local News•
April 2, 2026 at 12:06 PM

President Dissanayake Reviews Economic Reform Milestones with IMF Mission.

President Anura Kumara Dissanayake and an IMF delegation met to assess the progress of Sri Lanka's Extended Fund Facility, focusing on the upcoming fifth and sixth programme reviews and economic resilience.

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