The European Central Bank is the central bank for the euro and administers monetary policy within the Eurozone, which comprises 19 member states of the European Union and is one of the largest monetary areas in the world. Read More
Due to the introduction of a low tax regime in 2019 followed by the impact of COVID-19 on the country's revenue, Sri Lanka's economic outlook continues to be in a vulnerable state as the Island nation is facing the worst economic meltdown in its hist ...
Amid Sri Lanka's economic meltdown, Prime Minister Ranil Wickremesinghe has elucidated the need to make policy decisions based on an export-oriented economy. ...
Sri Lanka President Gotabaya Rajapaksa on Wednesday announced that he is ready to abolish the executive presidency after discussing the issue with the Opposition regarding the formation of the new government. ...
Sri Lanka's economic situation will worsen if political stability is not achieved, the country's Central Bank Governor Nandalal Weerasinghe warned on Wednesday as the island nation continued to witness large-scale violence. ...
Amidst a devastating economic crisis in Afghanistan, Afghan citizens have complained of an increase in torn currency notes in the markets of Kabul, posing serious hurdles. ...
The residents of Kabul have complained of the deactivation of ATM machines causing difficulties in withdrawing money from the banks, reported local media. ...