Economics

IMF Warns of Global Economic Risks from Elections and Policy Shifts

  • October 23, 2024

The International Monetary Fund (IMF) has raised concerns about the elevated uncertainty surrounding the global economic outlook, citing the potential impact of elections and policy changes. In its latest World Economic Outlook (WEO) report, titled “Policy Pivot, Rising Threats,” the IMF noted that nearly half of the world’s population is either going to the polls

Read More
Economics

Sri Lanka’s Export Economy Faces Challenges, IPS Calls for Diversification and Policy Reforms

  • October 22, 2024

According to the Institute of Policy Studies (IPS), Sri Lanka’s export economy remains heavily reliant on apparel, with goods and services exports accounting for approximately 20.4% of GDP in 2023. Of this, manufacturing exports contributed 14%, and a staggering 77% of export income is derived from industrial goods, primarily apparel. In contrast, agricultural exports account

Read More