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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]
Foreign exchange reserves, also called Forex reserves, in a strict sense, are foreign-currency deposits held by nationals and monetary authorities.However, in popular usage and in the list below, it also includes gold reserves, special drawing rights (SDRs) and IMF reserve position because this total figure, which is usually more accurately termed as official reserves or international reserves ...
The 2022 Sri Lankan protests, commonly known as Aragalaya ( Sinhala: අරගලය, lit. 'The Struggle'), were a series of mass protests that began in March 2022 against the government of Sri Lanka. The government was heavily criticized for mismanaging the Sri Lankan economy, which led to a subsequent economic crisis involving severe ...
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 and the United States established diplomatic relations on 23 October 1948. In a 2005 BBC World Service Poll, 30% of Sri Lankans view American influence positively, with 20% expressing a negative view. [ 1] According to the 2012 U.S. Global Leadership Report, 14% of Sri Lankans approve of U.S. leadership, with 37% disapproving and 49% ...
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.
The Lusaka Securities Exchange (abbreviated to LuSE) is the principal stock exchange of Zambia. Founded in 1993, it is located in Lusaka. The LuSE is a member of the African Stock Exchanges Association . As of 14 April 2022, the LuSE has 25 listed companies with a market capitalisation of ZMW 71.69 billion (US$4.1 billion). [ 1][ 2]
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