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Posts tagged as “crisis”

Wheat shortage: edit in Business Recorder, Jan 17th, 2023

It is gross incompetence and mismanagement by central and provincial governments alike, even more than the glaring demand-supply imbalance, that is responsible for the worst wheat crisis in the county’s history. Every day hundreds of thousands of people queue up for hours on end to receive subsidised wheat and flour promised by the government, only to return empty handed as the price of staple food continues to break all records. Worse still, there are reports…

India best-placed to talk to the rich about poor countries’ indebtedness: Prez

report in The Island, Jan 16, 2023President Ranil Wickremesinghe told the “Voice of Global South Summit” on Friday (13) that India is in the best position to act as a bridge between the developing countries, which are facing a debt crisis, and the G20….. State Minister of Finance Shehan Semasinghe attended the Finance Ministers’ session on 12 January 2023. In this session, Ministers exchanged views on financing the development needs of the Global South, achieving…