The Chief Economist for South Asia of World Bank says managing migrant returns, service sector revenue losses and ensuring food security for the poorest are major priorities for the region. The World Bank has predicted a dire situation for South Asia due to the economic impact of measures to counter the novel coronavirus pandemic, suggesting that the eight SAARC countries will experience their worst economic performance in 40 years.
Oil prices have plunged to a record low in the last 22 years. There is a huge gap between the demand and supply and storage facilities are reaching their limits. The buildup of the stockpiles [Read More]
The editorial points out the major issues which have led to the economic downfall, due to the outbreak of COVID-19. It prescribes certain steps and measures to control and curb this economic downfall through the [Read More]
The India-China tensions at the border have created several disruption in the Indian economy as well. India heavily relies on Chinese imports while China imports a small portion from India. This editorial highlights the economic [Read More]
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