The ‘plain-vanilla’ budget is unlikely to satisfy IMF, which could lead to the South Asian nation defaulting on debt.
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More than a million people, mainly Uighurs and Muslim minorities, are detained in camps in China’s Xinjiang region.
The central bank had been on hold since January but found excess demand in the economy was keeping inflation high.
Two-thirds of developing economies will see lower growth than in 2022, dealing a major setback to pandemic recovery.
