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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]
According to the International Monetary Fund, Sri Lanka's GDP in terms of purchasing power parity is second only to the Maldives in the South Asian region in terms of per capita income. As of 2010 [update] , the service sector makes up 60% of GDP, the industrial sector 28%, and the agriculture sector 12%. [ 1 ]
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 ...
Politics of Sri Lanka. Sri Lanka is a unitary multi-party semi-presidential representative democratic republic, whereby the President of Sri Lanka is both head of state and head of government. Executive power is exercised by the President on the advice of the Prime Minister and the Cabinet of Ministers. Legislative power is vested in the ...
2010 Sri Lankan presidential election. Presidential elections were held in Sri Lanka on 26 January 2010. The elections were announced on 23 November 2009 when incumbent President Mahinda Rajapaksa decided to seek a fresh mandate prior to the expiration of his term in 2011. [1] Nominations were accepted on 17 December 2009.
The next local elections were originally scheduled to be held the previous year, in 2022. However, due to the worsening economic crisisand instability in the country, the elections were postponed indefinitely by then president Gotabaya Rajapaksa.[2] There was a lot of speculation that the elections would be postponed again for the same reason ...
v. t. e. Sri Lanka elects on the national level a head of state – the president – and a legislature. Sri Lanka has a multi-party system, with two dominant political parties. All elections are administered by the Election Commission of Sri Lanka .
The Sri Lanka People's Front (Sinhala: ශ්රී ලංකා පොදුජන පෙරමුණ, romanized: Śrī Laṃkā Podujana Peramuna; Tamil: இலங்கை பொதுஜன முன்னணி, romanized: Ilaṅkai Potujaṉa Muṉṉaṇi), commonly known by its Sinhalese name Sri Lanka Podujana Peramuna (SLPP), is a political party in Sri Lanka.
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