World Development Report On News Today

The Bank's 2011 World Development Report on Conflict, Security and Development reflected a consensus on how the international community could support peace-building in war-torn states. This consensus is now unravelling, following major state-building failures in Iraq, Afghanistan, Ethiopia, South Sudan, Sri Lanka, and Myanmar.

Gender equality is a fundamental human right, a matter of fairness and justice. It is a foundation for a peaceful and prosperous world and essential for development. It is also at the heart of the World Bank Group’s vision to create a world free of poverty on a livable planet.

A new report by the World Bank shows that fragility, conflict, and violence do not only affect the world’s poorest countries. It sets out the scale of conflict and violence in middle-income countries and lays out options to work more effectively in these situations

By Chair of our Academic Programme and former Economic Adviser at the World Bank, Dr. Sarath Rajapatirana, and our Senior Research Fellow, and former Director of CBSL, Dr. Roshan Perera  The available foreign reserves of the country can be used to either repay foreign creditors or to finance imp

Repaying foreign debt or financing essential imports? The available foreign reserves of the country can be used to either repay foreign creditors or to finance imports of essential goods and services required by its citizens. This is the dilemma facing Sri Lanka today. Repaying the full value of the bond using the limited foreign reserves […]

Weekly Economic Indicators released by the Central Bank of Sri Lanka (CBSL) for 1 – 7 January 2022 show crude oil prices taking an upward trend. “During the period under review prices increased mainly due to hopes on further demand recovery in 2022. Decision of OPEC+ countries to adhere to their planned increase for February […]

The world’s biggest memory-chip and smartphone maker forecast operating profit of $11bn (£8bn) for the three months to the end of June. It said strong demand for memory chips had offset weaker sales of devices due to the shortage of components. A year ago, in the first few months of the pandemic, Samsung saw sales […]