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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 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%.
This week’s events could determine the course of the war in Gaza and significantly shift the focus away from the besieged enclave if retaliation by Iran escalates into a wider regional conflict ...
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.
Today’s best savings rates are at FDIC-insured digital banks and online accounts offering yields of up to 5.30% APY with no minimums at Forbright Bank, Jenius Bank, BMO Alto and a range of ...
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 ...
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]
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