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Services accounted for 58.2% of Sri Lanka's economy in 2019 up from 54.6% in 2010, industry 27.4% up from 26.4% a decade earlier and agriculture 7.4%. [42] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [43]
The Sri Lankan economic crisis[ 8] is an ongoing crisis in Sri Lanka that started in 2019. [ 9] It is the country's worst economic crisis since its independence in 1948. [ 9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities ...
The Central Bank of Sri Lanka raised interest rates in August 2021, and Sri Lanka became the first nation in Asia to tighten the monetary policy during the pandemic era. [20] [21] On 27 August 2021, the government extended the lockdown to 6 September 2021 as the daily death toll surpassed 200 for the first time since the pandemic began. [22] [23]
The 2020 Sri Lankan blackouts were a series of electrical blackouts that occurred on 17 August 2020, beginning around 12.30 pm SLST ( UTC+5:30) and lasting over seven hours. The nationwide blackouts occurred due to a transmission technical failure at the Kerawalapitiya Grid-Sub station. [1] [2] [3] The Ministry of Power appointed a special ...
Solar power is a relatively young segment in the energy industry of Sri Lanka. As of 2015, only a few grid-connected solar farms were operational, including a state-run facility. Despite at least half a dozen private companies applying for development permits for photovoltaic and solar thermal projects, [ 24 ] most have not actually commenced ...
Zazzle is an American online marketplace that allows designers and customers to create their own products with independent manufacturers (clothing, posters, etc.), as well as use images from participating companies. Zazzle has partnered with many brands to amass a collection of digital images from companies like Disney, Warner Brothers and NCAA ...
The Cultural Triangle Project, launched by the Government of Sri Lanka, focused its attention on Sigiriya in 1982. Archaeological work began on the entire city for the first time under this project. There was a sculpted lion's head above the legs and paws flanking the entrance, but the head collapsed years ago.
must be free for all. After 70 years of free education Sri Lanka has accomplished the Kannangara agenda with achieved high performance in the socioeconomic indicators. Now the time has come for Sri Lanka to go beyond the Kannangara agenda to ensure the Sri Lankan children and youth are offered the 21st skills based education. Though Sri Lanka ...
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