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Revenue Mobilization is Fundamental for Sri Lanka to Get on a Sustainable Fiscal Path

COLOMBO —Sri Lanka’s economy is expected to grow by 1.7% in 2024 after contracting by 3.8% in 2023, says the World Bank in its twice-a-year update, while signaling that the outlook is clouded with uncertainty and that growth prospects depend on progr
Sri Lanka Farish Hadad Zervos Asia Development World Bank Country Tax Administration Modernization Strategy World Bank

G20 Independent Expert Group's road map for multilateral banks to come out in October

The details include proposals that would enable MDBs to harness private capital apart from stepping up their financial capacity, the groups co-chair NK Singh said. "We are going into greater granularity on how you really achieve this private capital--- what incentive, risk mitigation can you do," Singh, who is also chairman of the Fifteenth Finance Commission, told ET in an interview.
New Delhi Asia Development Bank Expert Group Global Challenges Fund World Bank Fifteenth Finance Commission

Event | Toward Faster, Cleaner Growth in South Asia

What are South Asia’s economic prospects and what type of challenges lie ahead? How can the region accelerate growth while creating greener firms and jobs? The latest edition of the World Bank’s semi-annual South Asia Development Update provides growth projections for the region and explores economic policy challenges, with a focus on green technology adoption and the labor market implications of the transition to green energy. Join experts from the region for a live discussion on how South ...
World Bank Asia Development South Asia South Asia Development Update South Asian

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