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PEAK6 to Relocate Global Headquarters to Austin, TexasThe Sacramento Kings have fired coach Mike Brown less than halfway through his third season with the team mired in a five-game losing streak, a person familiar with the decision told The Associated Press. The person spoke on condition of anonymity Friday because the firing hadn't been announced by the team. ESPN first reported the firing. Brown won NBA Coach of the Year in his first season with the Kings in 2022-23, when he helped Sacramento end the longest playoff drought in NBA history at 16 seasons. But Sacramento lost in the play-in tournament last year and are off to a 13-18 start this season, leading to the move to fire Brown about six months after he agreed to a contract extension through the 2026-27 season. The Kings have lost an NBA-worst nine games this season after leading in the fourth quarter with the worst one coming in Brown's final game as coach Thursday night against Detroit. Sacramento led by 10 points with less than three minutes to play only to collapse down the stretch. Jaden Ivey converted a four-point play with three seconds left when he made a 3-pointer in the right corner and was fouled by De'Aaron Fox. That gave the Pistons a 114-113 win, leaving the Kings in 12th place in the Western Conference. Brown afterwards was critical of Fox's error and the team's overall inability to lock in on the details. The coach conducted the Kings' afternoon practice on Friday and was spotted by local media having a conversation with Fox. Brown has a 107-88 record in two-plus seasons in Sacramento with a winning record in both of his full seasons. Rick Adelman is the only other coach to post a winning record in a full season since the Kings moved to Sacramento. Brown previously had two stints as coach in Cleveland and spent one-plus season as Lakers coach. He has a 455-304 record and has made the playoffs in seven of his nine full seasons. He won Coach of the Year twice, also getting the award in Cleveland in 2008-09. Meanwhile, trade rumours are circulating about star point guard Fox, whose future with the NBA franchise is looking increasingly uncertain.
In one of his most famous statements, former PM Manmohan Singh before demitting office as the prime minister in 2014 had said, "history will be kinder to me", asserting that his leadership was not as weak as projected at that time. In what can be termed his last press conference as the Prime Minister, the former PM said in 2014, "I do not believe that I have been a weak Prime Minister." He added, "I honestly believe that history will be kinder to me than the contemporary media or for that matter the Opposition in Parliament. Given the political compulsions, I have done the best I could do. I have done as well as I could do according to the circumstances." He was responding to a volley of questions regarding criticism that his leadership was "weak" and he was not decisive on many occasions. Singh had also chosen the press conference to launch a blistering attack on BJP's then prime ministerial candidate Modi and referred to the 2002 Gujarat riots under the Chief Minister. The BJP at that time had projected Modi as a strong leader while targeting Singh over the issue of "weak" leadership in the run-up to the next Lok Sabha polls. "If you measure the strength of Prime Minister by presiding over mass massacre of innocent citizens on streets of Ahmedabad, then I do not believe in it. I do not think that this kind of strength this country needs least from its Prime Minister," Singh had said. "I have full confidence that the next Prime Minister will be from the UPA. It will be disastrous for the country to have Narendra Modi as Prime Minister. I sincerely believe what Narendra Modi is saying is not going to materialise," he had said. Maintaining that his two terms as prime minister in UPA I and UPA II displayed the Congress's ability to run a coalition government and dispelled the perception that this party cannot run coalitions, Singh said though some compromises were made in the process, they were on "peripheral issues and not on national problems". "Nobody has asked me to step down because of any inadequacy that characterised my tenure as prime minister," was his response when asked about "negative" perceptions within Congress about his leadership. (With agency inputs)Mumbai, Dec 26 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Thursday held a meeting with officials of various departments and asked them to deliver tangible results by implementing 100-day action plans. To ensure holistic development of the state, all departments are preparing 100-day action plans, an official release said here. While Fadnavis was sworn in on December 5 after the BJP-led coalition won a massive victory in assembly polls, portfolios were allocated to ministers only on December 21. The 100-day plan is expected to include people-centric schemes, initiatives that leverage technology to provide seamless benefits to citizens, and measures to ensure that Maharashtra maintains its leadership in development, the release said. Fadnavis reviewed the 100-day action plans of the Higher and Technical Education, Forest, and Agriculture departments at the meeting held at the Sahyadri state guesthouse. The Forest Department should adopt artificial intelligence and information technology to minimize conflicts between wildlife and humans, he said. He suggested the establishment of a rapid response team of trained personnel to provide swift assistance in such situations, the release said. Additionally, innovative initiatives should be permanently implemented to foster a cultural practice of tree plantation, the CM said. Fadnavis also highlighted the need to address the problems arising due to the growing leopard population in the state, by relocating the animals to sanctuaries in other states if necessary. The capacity of leopard shelters should be increased, the CM said. Fadnavis also instructed officials to formulate a policy for establishing a carbon credit company. To encourage urban afforestation, he recommended implementing the Miyawaki tree plantation method. The agriculture department was directed to make farmers the focal point of its action plan, and ensure effective implementation of relevant schemes. The Higher and Technical Education Department was asked to take steps to attract foreign universities to India and facilitate the establishment of educational campuses, the release said. (This story has not been edited by THE WEEK and is auto-generated from PTI)
By Kemberley Washington, CPA, Bankrate.com (TNS) As the end of the year approaches, now’s the time to start preparing for filing your 2024 tax return in 2025. When it comes to tax strategies, generally Dec. 31 is the deadline to make changes that might lower your tax bill. One major exception is the deadline for contributing to a Roth or traditional IRA : You have until April 15, 2025, to make a contribution to a Roth or traditional IRA for tax year 2024. If you qualify for deductible IRA contributions , then a contribution to your traditional IRA can reduce your taxable income for 2024. Here are tips and strategies to prepare now for the 2025 tax-filing deadline. If you had significant changes in your life in 2024 — maybe you got married or divorced, started your own business, or had to claim unemployment benefits — your taxes may be more complicated. As a result, you might need to hire a certified public accountant (CPA), enrolled agent (EA) or other tax professional to prepare and file your taxes. If you decide to hire someone, it’s best to start planning for that sooner rather than later. Waiting until the calendar flips to April could cost you. The average fee for a professional to prepare and file a simple Form 1040 tax return, with no itemized deductions, is about $220, according to a survey by the National Society of Accountants in 2020-2021, the most recent data available. But that amount rises quickly for more complex returns, and varies depending on where you live. For example, a Form 1040 with itemized deductions costs an average of $432 in states on the Pacific Coast, compared with $285 in New England. No matter where you live, prices usually rise as the tax deadline approaches, so it’s smart to start searching for a tax pro soon. If you’re uncomfortable doing your taxes on your own and can’t afford a CPA, enrolled agent or other tax pro, or to pay for tax software , there are free options to consider. The IRS currently offers three ways to prepare your taxes for free: •With the IRS Free File program, the IRS partners with for-profit tax-software companies that offer free tax-prep software to eligible taxpayers so they can file their federal tax returns for free. Some taxpayers may also qualify for a free state tax filing, depending on the software provider. In January, the IRS will announce the income limit to qualify for the program for the 2025 tax season (for filing 2024 tax returns). For the 2024 tax season (2023 tax returns), taxpayers’ adjusted gross income (AGI) couldn’t exceed $79,000. •The IRS also offers its Direct File program, a free tool that allows you to file your federal income tax return directly with the IRS at no cost. The program supports simple tax returns and is available only in certain states. Check to see if you qualify here. •Another free-filing option is the Volunteer Income Tax Assistance (VITA) program. IRS-certified volunteers offer free basic tax preparation in person to people who earn less than $67,000 a year, are disabled or whose English is limited. The IRS has an online location tool for hundreds of free tax preparation sites in the U.S. (the locator tool is updated from February through April). Some VITA sites also offer online tax-prep assistance. Now is a good time to create an IRS online account. If you want to see your Form 1040 from last year, or you’re missing a prior year Form W-2 or mortgage interest statement, you can find your documents using this free tax tool. Another benefit of creating an IRS online account is that it allows you to quickly obtain your prior year’s tax information without sitting on the phone for hours with an IRS representative, says Carl Johnson, a certified public accountant in New Orleans. An IRS online account also lets you view your account balance and payment history for each year. You can also create a payment plan to settle your federal income tax debt within minutes. If you’re 73 years old and have enjoyed watching your 401(k) or IRA grow tax-free without touching it, remember that the IRS is going to want its share each year. That means you’ll have to make withdrawals — and pay income tax. If you turned 73 in 2024, plan to take your required minimum distribution (RMD) at the latest by April 1, 2025. Read this IRS bulletin for more information. The amount of your RMDs is based on your age and the year-end values of your retirement accounts. A Roth IRA has two big tax advantages over a traditional IRA : Qualified withdrawals are not considered income for federal (and usually state) tax purposes, and you don’t have to take distributions from a Roth every year once you reach age 73. Converting a traditional IRA to a Roth IRA may save you money in the long run. Just know that when you convert an IRA to a Roth, it’s considered taxable income, which will raise your tax bill for that year. Generally, it’s best to convert to a Roth IRA when you’re in a low-income year. As tax season approaches, many people start receiving phone calls, emails and texts from entities claiming to be the IRS. Be wary, and understand that these are scams. Typically, the IRS will mail you a notice before using any other method of communication to notify you concerning issues with your tax return. The IRS won’t reach out via social media or text messaging. Relatedly, the IRS warns taxpayers to be careful when choosing a tax preparer. Taking time to vet your tax preparer is crucial to protect yourself from tax scams and fraud. Before hiring a tax professional, search that person’s name in the IRS database of federal tax return preparers to avoid dishonest “professionals.” “Taxpayers should check the tax professional’s credentials,” Johnson says. Tax pros without credentials “may take questionable positions without any degree of scrutiny or fear of losing their access to the profession,” Johnson says. Taxpayers who don’t file a tax return and owe a tax bill, or who file but don’t pay their tax bill on time, risk severe penalties. The IRS can even seize assets if necessary. Respond quickly if the IRS has been sending you letters because it found an error on your return or claims you owe back taxes. Typically, the IRS will send you a notice if you have a balance due, changes were made to your tax return, or the agency needs additional information. “If you ignore a collection letter from the IRS, you may face wage garnishments, liens, bank levies, and other adverse action. And in some cases, the amount due may increase for failure to respond,” Johnson says. Keep in mind the IRS does offer installment plans and other payment plans. Make copies of your correspondence and use only the U.S. Postal Service, the postmark from which is your proof of timeliness when responding. But whatever you do, don’t ignore the IRS because this may cause more issues in the future. ©2024 Bankrate.com. Distributed by Tribune Content Agency, LLC.
Chiefs earned a rest after their third win in 11 days. For some, the rest could be 24 days KANSAS CITY, Mo. (AP) — The Kansas City Chiefs earned a much-deserved extended rest after their Christmas Day rout of the Pittsburgh Steelers, which capped an unbeaten stretch of three games in 11 days and clinched them the No. Dave Skretta, The Associated Press Dec 26, 2024 10:46 AM Dec 26, 2024 11:05 AM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Kansas City Chiefs safety Jaden Hicks (21) breaks up a pass intended for Pittsburgh Steelers wide receiver George Pickens (14) during the second half of an NFL football game, Wednesday, Dec. 25, 2024, in Pittsburgh. (AP Photo/Matt Freed) KANSAS CITY, Mo. (AP) — The Kansas City Chiefs earned a much-deserved extended rest after their Christmas Day rout of the Pittsburgh Steelers, which capped an unbeaten stretch of three games in 11 days and clinched them the No. 1 seed in the AFC playoffs . That extended rest? Well, it can be just about as long as Chiefs coach Andy Reid wants it to be. The Chiefs (15-1) face the Broncos in their regular-season finale next weekend, a game whose kickoff remains up in the air. But it will be at least 10 days after their 29-10 win in Pittsburgh, a nice rest for a weary team whose bye was back in Week 6. But with nothing to play for in that game, Reid could conceivably give some of his most important players the entire week off ahead of the playoffs. And now that the Chiefs have a first-round bye , that means they wouldn't face anybody until at least Jan. 18 in the divisional round, meaning a full 24 days between games. “It's been almost 10 weeks of football, grinding on this short schedule at the very end of the year,” Chiefs quarterback Patrick Mahomes said. “We'll see how Week 18 goes — who plays, who doesn't play. That's up to Coach. But having this break, getting healthy, getting ourselves ready for the playoffs, it was super important, especially with the guys we have banged up.” The Chiefs dominated the Steelers without four-time All-Pro defensive tackle Chris Jones, who was resting his sore calf on Wednesday. They also have not had cornerback Chamarri Conner, who has been out with a concussion, or D.J. Humphries, the former Pro Bowl left tackle who appeared in one game for Kansas City before straining his hamstring. All of them figure to be healthy for the playoffs. The same for guys who have been dealing with minor injuries, such as right tackle Jawaan Taylor, who played against the Steelers despite straining his hamstring the previous week against Houston, and running back Isiah Pacheco, who dinged up his ribs in the win in Pittsburgh. “It will definitely help with some of the guys that are banged up, to get guys back, freshened up a little bit,” said Reid, who has rested important players in Week 18 in the past, including last season against the Chargers. “I think it will be a positive for us.” The trick is to decide exactly how much rest to give everyone. For those dealing with injuries, that full 24-day span without a game could be exactly what they need. For others, it might be too long between games, and getting at least a half of play against the Broncos would help prevent some rust from setting in. “I was just talking to my family about it,” Chiefs cornerback Trent McDuffie said. “My rookie year, we were able to get, you know, all home games, and you just can't be out (on the road) in the playoffs. I mean, I'm excited to go out there. I know we got the first round, you know, off, but I mean, I can't wait to play now.” What’s working The Chiefs won the Super Bowl last season with a wide receiver group that — outside of Rashee Rice — was lacking in dynamic ability. But with the trade for DeAndre Hopkins, the return of Hollywood Brown from an injury and the emergence of rookie Xavier Worthy, the Chiefs have gone from a position of peril to one of profound strength. What needs help The Chiefs have struggled to the run the ball consistently the past few weeks. Pacheco gained just 18 yards on six carries before hurting his ribs against Pittsburgh, and Kareem Hunt was held to 20 yards on nine carries — a 2.2-yard average. Stock up Worthy has smashed through the rookie wall, just as Rice did at this point last season, and has proven to be more than a speedster. He had eight catches for 79 yards and a touchdown Wednesday, giving him at least five catches in each of his past five games. Stock down Pacheco has not been the same after missing more than two months to injury. He has been held to 55 yards rushing or fewer in each of his past five games, and he's averaging just 2.7 yards per carry over his past three. Injuries There were no significant injuries sustained against the Steelers. Key number 77 — Travis Kelce caught his 77th touchdown pass, breaking a tie with Hall of Famer Tony Gonzalez for the Chiefs record. Kelce finished with eight catches for 84 yards and a score against Pittsburgh, making him the third tight end in NFL history with at least 1,000 receptions. Gonzalez had 1,325 and Jason Witten had 1,228 while Kelce has 1,004 and counting. Next steps The Chiefs get the long weekend off before deciding who will play in Denver in their regular-season finale. ___ AP NFL: https://apnews.com/hub/nfl Dave Skretta, The Associated Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Get your daily Victoria news briefing Email Sign Up More Football (NFL) Former NFL star Mayes pulling for Panthers' Hubbard to break his NFL rushing mark Dec 26, 2024 10:39 AM It might've been Christmas, but it sure feels like Groundhog Day for the reeling Steelers Dec 26, 2024 10:25 AM Lions try to close in on NFC's top seed when they visit the eliminated 49ers Dec 26, 2024 10:02 AM
US sanctions founder of Georgia’s ruling political partyAzerbaijani and US officials believe a Russian surface-to-air missile caused the deadly crash of an Azerbaijani passenger jet, media reports and a US official said Thursday, as the Kremlin cautioned against "hypotheses" over the disaster. The Azerbaijan Airlines jet crashed near the Kazakh city of Aktau, an oil and gas hub, on Wednesday after going off course for undetermined reasons. Thirty-eight of the 67 people on board died. The Embraer 190 aircraft was supposed to fly northwest from the Azerbaijani capital Baku to the city of Grozny in Chechnya, southern Russia, but instead diverted far off course across the Caspian Sea. An investigation is underway, with pro-government Azerbaijani website Caliber citing unnamed officials as saying they believed a Russian missile fired from a Pantsir-S air defence system downed the plane. The claim was also reported by The New York Times, broadcaster Euronews and the Turkish news agency Anadolu. Some aviation and military experts said the plane might have been accidentally shot by Russian air defence systems because it was flying in an area where Ukrainian drone activity had been reported. A former expert at France's BEA air accident investigation agency said there appeared to be "a lot of shrapnel" damage on the wreckage. Speaking on condition of anonymity, he said the damage was "reminiscent" of Malaysia Airlines flight MH17, which was downed with a surface-to-air missile by Russia-backed rebels over eastern Ukraine in 2014. Kremlin spokesman Dmitry Peskov told reporters: "It would be wrong to make any hypotheses before the investigation's conclusions." Euronews cited Azerbaijani government sources as saying that "shrapnel hit the passengers and cabin crew as it exploded next to the aircraft mid-flight". A US official, speaking on condition of anonymity, also said early indications suggested a Russian anti-aircraft system struck the plane. Kazakhstan news agency Kazinform cited a regional prosecutor as saying that two black-box flight recorders had been recovered. Azerbaijan Airlines initially said the plane flew through a flock of birds, before withdrawing the statement. Kazakh officials said 38 people had been killed and there were 29 survivors, including three children. Jalil Aliyev, the father of flight attendant Hokume Aliyeva, told AFP that this was supposed to have been her last flight before starting a job as a lawyer for the airline. "Why did her young life have to end so tragically?" the man said in a trembling voice before hanging up the phone. Eleven of the injured are in intensive care, the Kazakh health ministry said. Azerbaijani President Ilham Aliyev declared Thursday a day of mourning and cancelled a planned visit to Russia for an informal summit of the Commonwealth of Independent States (CIS), a grouping of former Soviet nations. "I extend my condolences to the families of those who lost their lives in the crash... and wish a speedy recovery to the injured," Aliyev said in a social media post Wednesday. The Flight Radar website showed the plane deviating from its normal route, crossing the Caspian Sea and then circling over the area where it eventually crashed near Aktau, on the eastern shore of the sea. Kazakhstan said the plane was carrying 37 Azerbaijani passengers, six Kazakhs, three Kyrgyz and 16 Russians. A Kazakh woman told the local branch of Radio Free Europe/Radio Liberty (RFE/RL) she was near where the plane crashed and rushed to the site to help survivors. "They were covered in blood. They were crying. They were calling for help," said the woman, who gave her name as Elmira. She said they saved some teenagers. "I'll never forget their look, full of pain and despair," said Elmira. "A girl pleaded: 'Save my mother, my mother is back there'." Russian President Vladimir Putin held a phone conversation with Aliyev and "expressed his condolences in connection with the crash", Peskov told a news conference. bur/rlp/js
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Having macroeconomic and financial system stability being restored, the focus should shift towards enhancing growth prospects that are both inclusive and sustainable 2024 is a year to be remembered in Sri Lanka’s economic journey since many challenges faced by the country have significantly eased. Sri Lanka is returning to normal after recurring economic shocks since 2019, including the Easter Sunday attack, the pandemic, and the economic crisis. The global economy also exhibited economic resilience amidst multiple challenges, with a soft landing compared to what was feared. Meanwhile, geopolitical conditions became unfavourable. Let’s dive deeper into these. In 2024, Sri Lanka made notable progress in restoring macroeconomic and financial system stability. Following a selective debt-standstill announcement in 2022, external debt restructuring negotiations were concluded in 2024. Subsequently, the country exited the restricted default status it had experienced over two and a half years. Further, the sovereign rating was upgraded by several notches, thus reducing the country’s risk premium substantially. The Extend Fund Facility of the International Monetary Fund (IMF) continued successfully and the Executive Board's approval for the second review and staff-level agreement for the third review were reached in 2024. These developments, along with political stability built on a stronger mandate, helped ease market conditions and enhance bullish market sentiments during the latter part of the year. The key macroeconomic indicators improved compared to alarming levels that prevailed in recent years. Inflationary pressures eased notably, and the country recorded temporary deflation after several years. This allowed the easing of monetary conditions further during the year to support credit expansion and economic activity. Moreover, economic growth recovered at a faster pace, facilitated by low interest rates, improved economic sentiments, reviving domestic and external demand, and a lower statistical base of growth in 2023. Importantly, persistent imbalances in the fiscal sector were largely adjusted through fiscal consolidation measures and improved fiscal discipline. Buffers of foreign reserves to withstand external shocks were improved, supported by continuous forex purchases by the Central Bank. Meanwhile, reflecting the external current account surplus supported by increased net inflows of forex and positive market sentiments, exchange rate appreciation continued in 2024 as well. These improvements on the external front alongside the need to increase fiscal revenue prompted the Government to consider the relaxation of remaining import restrictions by the end of the year. In addition to the improvements on the macroeconomic front, the financial sector resilience also improved, and any financial sector catastrophe was avoided decisively. Key financial soundness indicators, including capital adequacy, credit quality, liquidity, and profitability, have shown improvement in the year. Completion of the restructuring of foreign currency debt held by the banks reduced the uncertainties and risks to the banks. Prominently, the legal framework governing the banking system was further strengthened to enhance the soundness of the banking sector, including the areas of governance, related party transactions, large exposure, and ownership. Money market and financial market performances were enhanced, and the stock market reached new heights. Nevertheless, the scarring effect of the prolonged economic hardships on the people and businesses remains. Targeted policy measures to support the most vulnerable segment of the population and businesses would offer temporary relief for survival. Nevertheless, improving inclusive economic growth prospects would be a lasting solution to this problem. Global economic prospects revived, even amidst tighter disinflationary policies of central banks and continued stiff financial conditions. However, global growth over the medium term is projected to hover below the averages recorded before the pandemic. Inflation in many countries returned closer to the targeted levels, after spikes observed during 2022-2023. This disinflation record without leading to global recession is commendable, thanks to the synchronised monetary policy measures and eased global supply. Subsequently, consistent reduction in inflation and anchored inflation expectations facilitated transition towards broad-based monetary policy easing. In 2024, major advanced countries, including the USA, UK, and European Union, began to reduce policy interest rates, after maintaining tighter monetary stance in 2022 and 2023. Meanwhile, prices of key commodities, such as crude oil, LP gas, coal, and agricultural products, exhibited less volatility and stabilised at a lower level, due to an improvement in demand-supply mismatches. The US dollar strengthened against its major rivals, as measured by the US dollar index. Several political developments unfolded this year with many countries electing new political administrations. Shifting major policy priorities in global superpowers, particularly the USA, could shape the global geoeconomic and social dynamics in the period ahead. In general, fiscal performance worsened globally in 2024 and fiscal sustainability concerns have resurfaced. Global public debt widened in 2024 and is set to increase further in the coming years. Even though it is mainly driven by the USA and China, increasing public debt is becoming a widespread issue. Moreover, fiscal vulnerabilities are emerging further, prompting warnings from multilateral agencies on the high likelihood of sovereign distress in many countries. From a medium-term perspective, pursuing fiscal adjustment through fiscal consolidation, building fiscal buffers along with enhancing fiscal governance would help mitigate the lingering effects of debt unsustainability and the need for painful one-time fiscal adjustments. The time is conducive now, as easing global monetary conditions creates space for countries to absorb the impact of fiscal tightening. On the financial front, the near-term risks to global financial stability remain muted, supported by stable macroeconomic conditions and easing monetary conditions. However, the possible spillovers of growing economic and geopolitical uncertainties on economic sectors and financial system cannot be ruled out. Meanwhile, social indicators, including poverty reduction, gender equality, and female labour force participation, did not show any significant progress during the year, and thus requiring continuous global attention. Sri Lanka has once again demonstrated its resilience by emerging from the deepest economic crisis in record time. This was possible through decisive policy measures involving multiple stakeholders and international partners. However, it is essential not to become complacent and to continue prioritising structural reforms. Sri Lankans have now fully understood the cost and implications of persistent economic imbalances and macroeconomic instability. Any step forward should be taken cautiously to circumvent backtracking from the strong reform agenda. Having macroeconomic and financial system stability being restored, the focus should shift towards enhancing growth prospects that are both inclusive and sustainable. Reforms aimed at addressing remaining structural economic issues and vulnerabilities should continue in the same spirit. Since the global environment is becoming ever more unpredictable, Sri Lanka should build buffers in its external, fiscal, financial, and monetary sectors to withstand externally driven shocks with minimal adjustment cost. Additionally, Sri Lanka needs to adapt to global megatrends, such as climate change, geoeconomic fragmentation, the adoption of artificial intelligence, and the aging population. Such preparation will empower Sri Lanka to navigate the evolving global landscape effectively in the years to come.