Tag Archives: IMF-Sri Lanka

VIF Neighbourhood News Digest – December 14, 2022

Afghanistan
Attack on Kabul Hotel Sparks International Reactions: Tolo News

The attack on a hotel in the Shar-e-Naw area of Kabul on Monday has brought international condemnation and calls to action. The Chinese Ministry of Foreign Affairs asked the Islamic Emirate to identify the attackers and ensure the safety of Chinese nationals in Afghanistan. “China demands the Afghan side spare no efforts in searching for and rescuing Chinese individuals, and at the same time open a comprehensive investigation, severely punish the attackers, and earnestly strengthen the protection of Chinese citizens and organizations in Afghanistan,” Chinese foreign ministry spokesperson Wang Wenbin said. Click here to read…

Everyone Wants a Peaceful and Progressive Afghanistan; FM Bilawal: The Khaama Press

Pakistan’s Foreign Minister Bilawal Bhutto Zardari on Tuesday stated that everyone wants peace, progress and prosperity in Afghanistan. It is not in favor of anyone to see Afghanistan becoming the hub of terrorism once more. “We are hopeful that the current caretaker government in Afghanistan will not only address the issue of terrorism but also provide security because that’s a fundamental prerequisite for peace and prosperity,” FM Bilawal said in an interview with an Indonesian television channel. Click here to read…

Further Security Measures to be Provided at the Foreign Entities in Kabul: The Khaama Press

Over the past few weeks, several people died and many were wounded in three different terrorist attacks in Kabul. The latest bombing targeted a Chinese-run hotel in which five Chinese nationals were injured according to the Chinese Ambassador to Kabul, Wang Yu. Following the attack, the Chinese government urged its citizens to leave Afghanistan immediately to avoid similar incidents. Similarly, over the past few days, a gunman attack targeted the head of the Pakistani Diplomatic Mission in the capital Kabul, injuring one of the Charge D’affaire’s security guards, while another terrorist attack targetted a jihadi leader’s office, killing one and injuring two people. Click here to read…

Bangladesh
PM stresses addressing threats for national security – New Age

Prime minister Sheikh Hasina on Tuesday stressed the need for addressing traditional and non-traditional threats to ensure national security as the pattern of crimes has changed with the advent of newer technology. ‘Nowadays, the security concept is changed as on the one hand, digital devices brought many advantages and on the other hand changed the pattern of terrorism, militancy and crimes. So, it is equally important to defend non-traditional and traditional threats to ensure national security,’ she said…The prime minister said they have even not engaged in any quarrel with Myanmar over repatriation of their forcibly displaced national Rohingyas to their home land. ‘We’re trying to solve the problem through discussions,’ she added. She referred to solving the land boundary issue with India through discussion and establishing rights in the vast sea areas and on its resources after winning legal battles with neighbouring India and Myanmar maintaining friendly relations. Click here to read…

Bangladesh wants Dhaka-Guwahati direct air connectivity – Daily Star

Bangladesh wants direct Dhaka-Guwahati and Sylhet-Guwahati air connectivity and direct bus service between Sylhet and Shilchar for promoting people-to-people contacts, boosting bilateral ties and ensuring collective prosperity in the region. Foreign Minister AK Abdul Momen shares this idea when Indian High Commissioner to Bangladesh Pranay Kumar Verma called on him at his office yesterday. Click here to read…
A call for international recognition – Dhaka Tribune
The demand for acknowledgment of the 1971 genocide committed by Pakistan was raised in October by the Deputy Permanent Representative of Bangladesh to the United Nations in Geneva, Sanchita Haque. To this day, 51 years later, Pakistan has neither apologized to Bangladesh for the atrocities committed by its troops, nor has it brought to justice the 195 war criminals recognized by Bangladesh in 1972. The acknowledgement from the United Nations is significant not only for the families of the victims, but also for the aggrieved nation, which has now reached the age of 51 and is also an important member of the United Nations. Click here to read…

Bhutan
Bhutan opens two formal trade routes with India – Kuensel Online

As the decision to open two more formal trade routes with India has got the green light, people living near the borders in Lhamoidzingkha in Dagana and Chhuchungsa in Samtse have begun measuring their future prospects. The routes would be operational after the official inauguration next month. Click here to read…

Remittance drops by 11 percent – Kuensel Online

What was feared and a concern, inflow of remittance has dropped from Nu 5.29B to Nu 4.69B or by 11 percent from January to August. While hundreds of Bhutanese are leaving to work or study in Australia, remittance in AUD has been declining while remittance in USD has been growing. Remittance in AUD, which contributed over 50 percent in the same period last year, has gone down to 40 percent this year. Click here to read…

ADB approves $20m package to improve water management and resilience in Bhutan – Devdiscourse

he Asian Development Bank (ADB) has approved a $20 million financing package to improve access to drinking water, irrigation services, and strengthening of climate resilience in Thimphu and the districts of Zhemgang and Wangdue Phodrang in Bhutan. The Water Flagship Program Support Project will build gravity-fed integrated drinking water supply and irrigation systems in the Hetshosamchu area of Wangdue Phodrang district and Zhemgang town and surrounding villages, which collect surface water from upstream sources. Click here to read…

Maldives
Civil servants from Bangladesh, Maldives to receive training at India’s Good Governance Centre – TBS News

India’s National Centre for Good Governance began its two-week capacity-building programmes for civil servants from Bangladesh and Maldives on Tuesday. As many as 39 civil servants from Bangladesh and 27 Maldives are participating in the two programmes, reports The Hindu. India has been helping neighbouring countries to build capacities of their civil servants to meet the emerging challenges in governance and assure public service delivery to improve the quality of life of people, a statement by the Indian government reads. The centre was set up in Mussoorie, India, in 2014. Click here to read…

WHO donates air quality monitoring stations to the Maldives – Avas

The World Health Organization (WHO) has donated two ambient air quality monitoring stations to the Maldives. One out of the two stations donated by WHO will be installed in Hulhumale’ Central Park. An agreement has been signed between the Environment Ministry and Housing Development Corporation (HDC), handing over the management of the station to HDC. The HDC and the Environment Ministry plan to use the data available through the station to raise awareness among the public and publish the data for public viewing. Click here to read…

Myanmar
Malaysian Court Lifts Stay on Deportation of Myanmar Nationals – The Diplomat

A court in Malaysia yesterday lifted a stay on the deportation of 114 Myanmar nationals, clearing the legal obstacles to their deportation and raising concerns about the likely threats to their safety if sent back to the troubled country. The court granted the request from the Malaysian government to lift the stay, which was imposed in February of last year to delay the deportation of 1,200 Myanmar nationals, and which the government ignored. Click here to read…

Myanmar conflict may take 5 more years to resolve: Cambodia PM – Asia News

Prime Minister Hun Sen expressed his doubts that the Myanmar crisis would be resolved any time soon and ruled out a third trip there by Minister of Foreign Affairs and International Cooperation Prak Sokhonn in his capacity as the ASEAN chair’s special envoy. He made the remarks on December 12 while meeting with over 2,000 members of the Cambodian diaspora in Europe who came to see him in Brussels, Belgium, where he is slated to co-chair the ASEAN-EU Commemorative Summit. The December 14 event marks the 45 anniversary of ASEAN-EU Dialogue Partnership. Click here to read…

Europe and ASEAN Should Work Together on Myanmar Crisis – The Diplomat

On December 14, leaders of European Union member states are meeting in Brussels with leaders of the Association of Southeast Asian Nations (ASEAN) — with one exception. Myanmar is unrepresented. Senior General Min Aung Hlaing, who heads the junta put in power in Myanmar after a February 2021 military coup against a democratically elected government, was not invited. Click here to read…

Canada sanctions Myanmar jet fuel suppliers – Mizzima

Pressure group Justice For Myanmar has welcomed the latest round of Canadian sanctions in response to the Myanmar military’s illegal attempted coup, to mark Human Rights Day. Canada is the first jurisdiction to impose sanctions on Myanmar military jet fuel suppliers, designating Asia Sun Group, a Myanmar conglomerate. Asia Sun Group is a local partner of the Myanmar military and is involved in procuring, storing and distributing jet fuel. Asia Sun has been found to import aviation fuel and directly deliver it to the Myanmar military. Click here to read…

India Urged to Back ASEAN Peace Plan for Myanmar – The Irrawaddy

Indonesia, the incoming chair of the Association of Southeast Asian Nations (ASEAN), says other countries including India must get behind the bloc’s peace effort for Myanmar, which has been engulfed by violence since a coup last year. Retno Marsudi, Indonesia’s foreign minister, urged other regional powers to support ASEAN’s “five-point consensus” for peace, which includes an immediate end to violence in Myanmar and dialogue among all parties. Indonesia will chair the bloc next year. Click here to read…

Nepal
Nepalese delegation visits Warangal to study sanitation – Telengana Today

A team of 29 officials including Mayors from Nepal has visited Warangal city to study sanitation practices particularly the management of the ‘Faecal Sludge Treatment Plant (FSTP)’ here on Tuesday. The team has inspected the Decentralised Sewage Treatment Plant at Ambedkar Nagar in Hanamkonda , and also the FSTP at Ammavaripet. Click here to read…

Pakistan-Nepal trade relations impriving day by day: Ambassador – The National

Ambassador of Nepal to Pakistan Tapas Adhikari said yesterday that Nepal-Pakistan bilateral trade relations were very limited but they were improving day by day. “We are optimistic on recent positive trends after the Covid-19 pandemic on bilateral economic engagements and hope it will surpass pre-Covid level very soon.Click here to read…

Madhav Nepal in North Korean embassy to take part in Kim Jong Il’s memorial assembly – The Annapurna Express

CPN (Unified Socialist) Chairman Madhav Kumar Nepal has reached the North Korean embassy at Jhamsikhel in Kathmandu to take part in the memorial assembly of Kim Jong-il, father of Kim Jong Un, supreme leader of North Korea. The North Korean embassy had invited Nepal as the chief guest of the memorial assembly. North Korean Ambassador to Nepal Jo Yong Man welcomed former prime minister Nepal at the Embassy. Click here to read…

Can Gagan Thapa beat Deuba in prime minister race? – The Kathmandu Post

Political observers think Thapa is well aware that he has only a slim chance of winning parliamentary party leadership and that by declaring his candidacy, he only intends to project himself as the party’s future leader. They said as much, citing the strategy experimented by Thapa at the party’s 13th general convention. Click here to read…

Investment pledges plunge amid global economic slowdown – The Kathmandu Post

Foreign direct investment (FDI) commitments to Nepal plunged by more than half in the first four months of the current fiscal year, which officials attributed to a slowdown in the global economy. An economic slump in China is the key reason behind the fall in FDI pledges, insiders said. China’s economy is decelerating after it adopted a zero-Covid strategy. Despite the steep fall in commitments, China, which has been Nepal’s top FDI source for nearly a decade, still retains the top spot, accounting for two-thirds of the total. Click here to read…

Pakistan
Cracks appear in ruling coalition over Reko Diq: Dawn

Amid fragile political situation in the country, some cracks appeared for the first time in the ruling coalition on Tuesday when two allied parties boycotted the federal cabinet meeting over a controversial bill regarding revival of the Reko Diq copper and gold mine project in Balochistan. Sources privy to the cabinet meeting, presided over by Prime Minister Shehbaz Sharif, told Dawn that two of the allies — Jamiat Ulema-i-Islam (JUI-F) and Balochistan National Party-Mengal (BNP-Mengal) — boycotted that meeting to register their protest, but later joined it. Click here to read…

FM calls for stronger ties with Indonesia: The Express Tribune

Foreign Minister Bilawal Bhutto Zardari expressed the desire to uplift the bilateral economic cooperation in diverse fields between Pakistan and Indonesia. During an interview with an Indonesian TV channel, the foreign minister opined that there existed a large scope of cooperation between Pakistan and Indonesia. He said that they had signed an MoU for setting up a joint ministerial commission between the two countries, adding the economic and bilateral ties between the two countries had more potential which required to be unlocked. Click here to read…

Rs 340bn flood expenditures: Pakistan asking IMF to allow budget deficit increase: The News

Informing the IMF that the expenditures on flood rescue and relief amounted to Rs 340 billion, Pakistan has requested the lender to grant an adjuster of the same amount by allowing an increase in the budget deficit for the current fiscal year 2022-23, it is learnt. To jack up the tax collection target, the government is considering slapping a Flood Levy in the current fiscal year and different proposals are under consideration for finalizing its exact modalities. Click here to read…

Sri Lanka
Sri Lankan Tamil parties to meet President Wickremesinghe to settle outstanding issues – The Print

The representatives from the Tamil National Alliance (TNA), an alliance of parties who represent Tamils from the North and East regions, the Tamil Progressive Front, the Tamil National People’s Front and the Tamil National People’s Alliance will meet Wickremesinghe this evening, sources saidClick here to read…

IMF not expected to discuss Sri Lanka before year-end, say sources – Malaymail

The executive board of the International Monetary Fund (IMF) is not expected to formally approve Sri Lanka’s US$2.9 billion (RM12.8 billion) bailout before year-end, a key step required for the embattled country to receive funding, two sources familiar with the matter said…Sri Lanka has to secure prior financing assurances from creditors, put its heavy debt burden on a sustainable path and increase public revenue before the global lender will disburse the funds. The IMF stressed the importance of joint talks involving three of Sri Lanka’s main bilateral creditors ― China, Japan and India. Click here to read…