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Sri Lankan President’s Coalition Secures Majority in Snap Election

Sri Lanka, Anura Kumara Dissanayake, snap election, National People’s Power, IMF bailout

Sri Lankans delivered a resounding victory to Anura Kumara Dissanayake in a snap general election, granting the left-leaning president enhanced legislative authority to implement policies aimed at reducing poverty and tackling corruption as the nation recovers from an economic collapse.…

IMF Warned: Provinces Pulled Into Fiscal Tug-of-War

IMF reforms, Punjab Assembly, energy contracts, agriculture income tax, electricity prices

The Punjab Assembly swiftly passed a law this week after committing to do so, which then prompted Sindh to consider its own approval. Meanwhile, the IMF has requested Pakistan to disclose idle capacity payments made to power plants over the…