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Sri Lanka's population had an adult literacy rate of 96.3% in 2015, which is above average by world and regional standards. Computer literacy in 2017 28.3% and phone users in 2017 105%, website users 32% in 2017.
On 7 March 2023, the rupee gained 0.5% to trade at 250.8 per dollar, registering a 14% increase after the announcement by the IMF that it will finalize a $2.9 billion bailout for Sri Lanka on 20 March and receiving assurances from China that it will assist in the country's debt restructuring efforts.
Sri Lanka Institute of Information Technology was established in 1999 at BOC Merchant tower, Colombo as a nonprofit company by guarantee with the ability to award Bachelor of Science degrees following amendments to the Universities Act the same year, thus gaining recognition from the Minister of Higher Education.
Due to Sri Lanka's close proximity to Southern India, Dravidian influence on Sri Lanka has been very active since the early Iron Age or megalithic period. [2] During the protohistoric period (1000-500 B.C.) Sri Lanka was culturally united with southern India, [3] and shared the same megalithic burials, pottery, iron technology, farming ...
The U.S. Armed Forces maintain a limited military-to-military relationship with the Sri Lanka defense establishment. [5] United States and Sri Lanka started to enhance defence relations beyond the sale of military equipment, and training facilities were extended when Sri Lanka was in an internal battle with a secessionist movement Tamil Tigers.
Tea production is one of the main sources of foreign exchange for Sri Lanka, and accounts for 2% of GDP, contributing over US$1.3 billion in 2021 to the economy of Sri Lanka. [1] It employs, directly or indirectly, over 1 million people, and in 1995 directly employed 215,338 on tea plantations and estates.
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