Washington, The International Monetary Fund (IMF) is expected to complete the process of a new allocation of Special Drawing Rights (SDR) by the end of August, spokesman Gerry Rice said.

The IMF executive board on Friday discussed a proposal for a new SDR allocation of $650 billion, "the largest issuance

Colombo,  Sri Lankan President Gotabaya Rajapaksa said the island nation has the potential to attract local and foreign investments for future developments as countries continue to fight the deadly Covid-19 pandemic.

In a televised address to the nation on Friday, President Rajapaksa said the pandemic wa

Brasilia,  Brazil came close to facing a fiscal collapse but the economy is now in recovery mode and only losses related to the Covid-19 pandemic will burden future generations, Economy Minister Paulo Guedes said here.

During a Senate hearing held by a congressional commission on Covid-19, Guedes on Frid

Abu Dhabi,  Two Ayurveda doctors, who are originally from India's Kerela state and now based in the United Arab Emirates (UAE), have received the Gulf nation's coveted Golden Visa, according to a media report on Saturday.

A Golden Visa enables foreigners to live, work and study in the country wit

Kampala, Uganda held a national prayer session over the Covid-19 pandemic as the country is combating a surge of new cases and deaths amid a second wave across the country.

The fourth national interdenominational prayer session and intercession, led by various religious leaders, was held virtually on Friday a

Kabul,  At least 24 Taliban militants were killed and 15 others injured in gun battles with Afghan security forces in Kunduz province, an official said on Saturday.

Sixteen militants were killed and 10 others wounded as Afghan Special Operations Forces conducted overnight operations in Seh Darak, Enayat

Colombo,  Sri Lanka hopes to vaccinate all citizens above the age of 30 years against Covid-19 by September, President Gotabaya Rajapaksa said.

In a televised address to the nation on Friday, President Rajapaksa said Sri Lanka had received 1,264,000 doses of AstraZeneca vaccines, 3.1 million doses of Sin

United Nations,  UN Secretary-General Antonio Guterres has strongly condemned an airstrike on a village in Ethiopia's conflict-hit Tigray region, which reportedly killed many civilians.

Guterres expressed his deepest condolences to the families of the victims and reiterated the need for all parties t

Sydney,  Australia's most populous state of New South Wales (NSW) on Saturday extended lockdown to more areas in its capital Sydney as local Covid-19 transmissions continued to increase.

From 6 p.m. on Saturday, a two-week lockdown will be imposed in Greater Sydney and some surrounding areas includin

Dhaka,  The Bangladesh government has announced its decision to impose a nationwide strict lockdown for a week from Monday in an effort help curb the spread of Covid-19 in the country, asking people to avoid non-essential trips.

The decision was announced on Friday night amid the ongoing resurgence of Co