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Introduction The World Bank has reaffirmed its commitment to supporting the development efforts of the Philippines. Anna Bjerde, the managing director for operations of the World Bank, concluded a two-day visit to the country and conveyed the institution’s dedication to assisting the…
Introduction Japanese Prime Minister Fumio Kishida is set to meet with Sri Lanka’s President Ranil Wickremesinghe on Thursday, marking an important step in Sri Lanka’s efforts to restructure its debt and revive its economy after a severe financial crisis. The meeting follows…
Introduction The International Monetary Fund (IMF) has revised its economic outlook for the United Kingdom, stating that it no longer expects a recession to occur this year. However, the IMF has expressed concerns about the persistence of high inflation, which may require…