Myanmar quake death toll rises sharply to over 1000

Yangon, Mar 29 (UNI) The death toll from a powerful 7.7-magnitude earthquake in Myanmar has risen sharply to over 1,000, with fears it could climb much higher, media reports said here on Saturday. The quake, whose epicenter was near Mandalay, Myanmar’s second largest city, devastated one of the world’s poorest nations as it reverberated through…

Read More

IMF urges Sri Lanka to sustain economic reform momentum

Colombo, Mar 29 (UNI) While Sri Lanka’s economic reforms are beginning to yield positive results, the country’s economy remains vulnerable, so it is essential to maintain reform momentum to ensure lasting macroeconomic stability and debt sustainability, IMF spokesperson Julie Kozack said during the Fund’s weekly press briefing in Washington on Thursday. Noting the IMF executive…

Read More