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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. [10]
According to the 2012 census the population of Sri Lanka was 20,359,439, giving a population density of 325/km2. [7] The population had grown by 5,512,689 (37.1%) since the 1981 census (the last full census), equivalent to an annual growth rate of 1.1%.
Sri Lanka's economy could grow 3% in 2022, the International Monetary Fund has said while warning that risk were on the downside and the economy could implode with trade contractions and monetary instability money printing (central bank credit) continued.
Sri Lanka, historically known as Ceylon and officially the Democratic Socialist Republic of Sri Lanka, is an island country in South Asia. It lies in the Indian Ocean, southwest of the Bay of Bengal, separated from the Indian peninsula by the Gulf of Mannar and the Palk Strait.
https://hpb.health.gov.lk/. The COVID-19 pandemic in Sri Lanka is part of the ongoing worldwide pandemic of coronavirus disease 2019 (COVID-19) caused by the severe acute respiratory syndrome coronavirus 2 ( SARS-CoV-2) virus. The first case of the virus in Sri Lanka was confirmed on 27 January 2020, after a 44-year-old Chinese woman from Hubei ...
Sri Lankan Tamils (Tamil: இலங்கை தமிழர், ilankai tamiḻar or ஈழத் தமிழர், īḻat tamiḻar), also known as Ceylon Tamils or Eelam Tamils, are Tamils native to the South Asian island state of Sri Lanka. Today, they constitute a majority in the Northern Province, form the plurality in the Eastern ...
A constitutional crisis began in Sri Lanka when President Maithripala Sirisena appointed former president and member of parliament Mahinda Rajapaksa as Prime Minister on 26 October 2018 before formally dismissing the incumbent Ranil Wickremesinghe, resulting in two concurrent Prime Ministers.
The Central Bank of Sri Lanka ( abbr. CBSL; Sinhala: ශ්රී ලංකා මහ බැංකුව, romanized: Sri Lanka Maha Bankuwa) is the monetary authority of Sri Lanka. It was established in 1950 under the Monetary Law Act No.58 of 1949 (MLA) and in terms of the Central Bank of Sri Lanka Act No. 16 of 2023, the CBSL is a body ...
The Sinhalese people ( Sinhala: සිංහල ජනතාව, romanized: Sinhala Janathāva ), also known as the Sinhalese or Sinhala people are an Indo-Aryan ethno-linguistic group native to the island of Sri Lanka. [15] [16] They are the largest ethnic group in Sri Lanka, constituting about 75% of the Sri Lankan population and number more ...
Sri Lanka is the world's fourth-largest producer of tea. In 1995, it was the world's leading exporter of tea (rather than producer), with 23% of the total world export, and Sri Lanka ranked second on tea export earnings in 2020 after China.