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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 ...
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]
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]
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 .
Ad Valorem Usage, Allows Tax Funds To Be Used For Schools Allows certain property taxes to fund school operationsDetails
[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%. [17] [18] Sri Lanka's rapidly growing older population has ignited concerns of the socio-economic challenges that the country will face because of this. [19]
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.
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