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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 ...
The mixed economy of Sri Lanka was worth $84 billion by nominal gross domestic product (GDP) in 2019 [ 32] and $296.959 billion by purchasing power parity (PPP). [ 33] The country had experienced an annual growth of 6.4 percent from 2003 to 2012, well above its regional peers.
SLPP. Presidential elections were held in Sri Lanka on 16 November 2019. [ 1][ 2] Incumbent president Maithripala Sirisena did not run for a second term. Gotabaya Rajapaksa, brother of former president Mahinda Rajapaksa, was the candidate of the Sri Lanka Podujana Peramuna [ 3] and was endorsed by the Sri Lanka Freedom Party. [ 4]
Presidential elections will be held in Sri Lanka on 21 September 2024. [ 1][ 2] Voters will elect a president for a 5-year term. Incumbent president Ranil Wickremesinghe is running for re-election as an independent candidate. [ 3][ 4][ 5] This would make him the first incumbent president to run for re-election since Mahinda Rajapaksa in 2015.
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%.
This article lists the largest companies in Sri Lanka terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes and local business magazine LMD. [1] [2]
Parliamentary elections were held in Sri Lanka on 17 August 2015, ten months ahead of schedule, to elect 225 members to Sri Lanka's 15th Parliament. [1] [2] [3] [4]The United National Party (UNP) led United National Front for Good Governance (UNFGG) won 106 seats, an increase of 46 since the 2010 election, but failed to secure a majority in Parliament. [5]
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