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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 ...
Sri Lanka's population is aging faster than any other nation in South Asia and has the fifth highest rapidly growing population of older people in Asia after China, Thailand, South Korea and Japan. [ 16 ] [ 17 ] [ 18 ] In 2015, Sri Lanka's population aged over 60 was 13.9%, by 2030 this will increase to 21% and by 2050 this number will reach 27.4%.
Today’s highest savings rates are at FDIC-insured digital banks and online accounts offering yields of up to 5.50% APY with a $1,000 minimum deposit at Poppy Bank and up to 5.30% APY with no ...
Ranil Wickremesinghe. Ranil Wickremesinghe[ b] (born 24 March 1949) is a Sri Lankan politician who is the 9th and current President of Sri Lanka. [ 1][ 2] He also holds several ministerial positions, including the Minister of Finance, Minister of Defence, Minister of Technology and Minister of Women, Child Affairs and Social Empowerment .
Average mortgage rates remain stable as of Thursday, July 25, 2024, a welcome calming after spikes and volatility earlier in the month that pushed 30-year fixed rates above 7.00%.
Climate change in Sri Lanka. Visualisation of average annual temperature anomaly in Sri Lanka, 1901 to 2020. Climate change is an important issue in Sri Lanka, and its effects threaten to impact both human and natural systems. Roughly 50 percent of its 22 million citizens live in low-lying coastal areas in the west, south, and south-west of the ...
'Wows me every time': This viral gizmo tackles everything from stubborn pet stains to red wine spills, and it's down to its Prime Day price.
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