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Overview. 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%. Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector.
Sri Lankan economic crisis (2019–present) 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 ...
The Sri Lankan Rupee ( Sinhala: රුපියල්, Tamil: ரூபாய்; symbol: ₨ in English, රු in Sinhala, ௹ in Tamil; ISO code: LKR) is the currency of Sri Lanka. It is subdivided into 100 cents ( Sinhala: සත, Tamil: சதம் ), but cents are rarely seen in circulation due to its low value. It is issued by the ...
Taxation by country. Taxation in Sri Lanka mainly includes excise duties, value added tax, income tax and tariffs. [1] Tax revenue is a primary constituent of the government's fiscal policy. The Government of Sri Lanka imposes taxes mainly of two types in the forms of direct taxes and indirect taxes. As of 2018 CBSL report, taxes are the most ...
The hydropower resource in Sri Lanka is divided into two main regions based on water resource, namely the Mahaweli Complex and Laxapana Complex. [14] [15] While most hydroelectric power stations are named after their water source (i.e. the name of the dam and/or reservoir), a number of facilities have different names due to the fact that they ...
Kellogg's brand logo used by both Kellanova and WK Kellogg Co, formerly used as a corporate logo until 2023 Former Kellogg's Café, Union Square (Manhattan). Kellanova (formerly known as the Kellogg Company) is an American multinational food manufacturing company headquartered in Chicago, Illinois, US.
Ceylon Petroleum Corporation, commonly known as CEYPETCO (CPC), is a Sri Lankan oil and gas company. Established in 1962 and wholly owned by the Government of Sri Lanka, it is the largest oil company in Sri Lanka. It was formed in 1961 by nationalisation and expropriation of all private oil companies in Sri Lanka at the time of its formation.
Geography and climate. Western Province is located in the southwest of Sri Lanka. It has an area of 3,684 square kilometres (1,422 sq mi). [1] The province is surrounded by the Laccadive Sea to the west, North Western Province to the north, Sabaragamuwa Province to the east and the Southern Province to the south.