South Asia current Affairs | Latest Current Affairs and News Headlines
As the whole world is going through a tough time, south Asia is of no difference. In fact south Asia has the greater impact as the countries here are not capable of facing the disaster alone due to the financial back up. South Asia current affairs now completely dependent on the crisis of Coronavirus, how to face it, how to overcome the impacts on the upcoming economy etc. On January 9, 2020, the World Bank released its Global Economic Prospect. According to its forecast, the world is expected to grow economically at the rate of 2.5%. This is the lowest prediction since that predicted in 2008-09, 3.1%. South Asia current affairs left people worried to tell that growth in South Asia is expected to rise by 5.5% in 2020. The report predicts
India’s growth rate at 5%. It is expected that the credit from non-banking companies to expected to weaken. The report also says that India will see a growth rate of 5.5% in the subsequent year. According to South Asia current affairs news, healthcare workers in Pakistan are voicing concerns about the inability of Pakistan’s healthcare system to cope should the number of COVID-19 patients continue to rise exponentially. China’s growing confidence in asserting itself regionally and internationally, combined with longstanding concerns about whether the United States has the capacity or commitment to remain the region’s dominant actor, is leading U.S. allies and partners to adjust their strategic posture. This is another major concern of South Asia current affairs. This report seeks to outline some of these changes and to outline the perspectives of Indo-Pacific nations seeking to navigate a changing geopolitical environment, including by recasting their conception of the region to draw in new potential counterweights to China such as India, prioritizing new defense acquisitions to bolster indigenous security capacities, and seeking out new, networked security partnerships. Developing a better understanding of how the United States’ Indo-Pacific allies and partners are positioning themselves to adapt to this evolving strategic landscape can be another big issue in South Asia current affairs.