Solomon Islands National Day miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
The currency swap arrangement between Sri Lanka and Bangladesh seems to be the first time that any country other than India has provided macroeconomic support to another South Asian country.
LankaWeb – As Bangladesh Rises, Sri Lanka Finds India is Not the Only Neighbour With Deep Pockets lankaweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lankaweb.com Daily Mail and Mail on Sunday newspapers.
(MENAFN - Caribbean News Global)
USA/St Kitts and Nevis - The COVID-19 pandemic has hit the Eastern Caribbean Currency Union (ECCU) economy hard, and until it is brought under control, tourism activity will remain subdued and will, in turn, limit the strength of economic recovery.
The near-term policy imperative is to protect lives and livelihoods and limit potential scarring, while ensuring medium-term debt sustainability with strengthened fiscal frameworks and maintaining financial system stability, with a view to safeguarding the quasi-currency board system. Once the post-pandemic recovery takes hold, policies should focus on resuming fiscal consolidation, further strengthening the financial system, and accelerating other structural reforms to make the economy more competitive and resilient.