South Asia is expected to remain the world’s fastest-growing region, thanks to robust growth in India. However, this strong outlook is deceptive. For most countries, growth is still below...
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poverty
Numerous structural vulnerabilities put developing regions at a disadvantage as they confront the prospect of increasingly frequent extreme shocks. Typical of these regions, South Asia had...
IFAD is one of Sri Lanka’s longest-standing development partners. Since its first investment in the country in 1978, IFAD has implemented 19 projects in Sri Lanka, benefiting...
International food prices have become increasingly volatile in recent decades, with “global food crises” in 2008, 2011 and most recently in 2022. The 2008 crisis prompted...
The Ukraine War has had major implications for food security and food systems across the world given the important role both Russia and Ukraine play in global...
Sri Lanka is facing an unprecedented macroeconomic crisis. Years of fiscal indiscipline and risky commercial borrowing have led to unsustainable levels of public debt. Official reserves...
South Asia is facing renewed challenges. The impact of the Russia-Ukraine war on food and energy prices on domestic inflation is long-lasting. Externally, countries’ current account balances deteriorate...
The economic recovery in South Asia continues, despite the ferocious resurgence of COVID-19 earlier this year. This recovery has not undone all the harm caused by the crisis, and targeted...
Despite the heavy toll of the COVID-19 pandemic on Sri Lanka’s economy and the lives of its people, the economy will recover in 2021, though challenges remain, says the latest...