The war will severely reduce the inflow of tourists to Maldives, a mainstay of its economy, especially from Russia and Ukraine, while it deals with large energy import bills…reports Asian Lite News
The World Bank attributes its India projection to constrained purchase by Indian households, incomplete recovery of the labour market in which unskilled workers were hit the hardest, and inflation….reports Asian Lite News
Most of the downgrades in the region come from emerging market and low-income countries, led by India and the Association of Southeast Asian Nations….reports Asian Lite News The International Monetary Fund (IMF)