Search results
Results From The WOW.Com Content Network
Blue economy is a term in economics relating to the exploitation, preservation and regeneration of the marine environment. Its scope of interpretation varies among organizations. However, the term is generally used in the scope of international development when describing a sustainable development approach to coastal resources and ocean ...
The mixed economy of Sri Lanka was worth $84 billion by nominal gross domestic product (GDP) in 2019 [32] and $296.959 billion by purchasing power parity (PPP). [33] The country had experienced an annual growth of 6.4 percent from 2003 to 2012, well above its regional peers.
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]
Sri Lankans will vote for a new president in a tightly contested election on Saturday, with the outcome expected to determine the fate of fragile economic recovery led by incumbent Ranil ...
Economic troubles in Sri Lanka began in 2019, when a severe economic crisis occurred caused by rapidly increasing foreign debt, massive government budget deficits due to tax cuts, falling foreign remittances, a food crisis caused by mandatory organic farming along with a ban on chemical fertilizers, and a multitude of other factors. [155]
The National People's Power is ideologically left-wing populist [17] and working class centred. The NPP is led by the Janatha Vimukthi Peramuna, the main communist party of Sri Lanka. [18] The NPP promotes a unique Sri Lankan economic model based on socialist principles and considers both neoliberalism and 'classical socialism' to be failures. [19]
Social class in Sri Lanka is often described as casteless, though caste is still found on the island in both a symbolic and a practical sense. Caste is also used in an analogous sense to refer to the new social class divisions that have appeared in recent decades. The combination of ethnic nationalist movements that saw caste as an island-wide ...
Lotus Tower under construction. With the witness of the President of Telecommunications Regulatory Commission of Sri Lanka (TRCSL), the Secretary of the Sri Lanka Foreign Ministry, the Presidents of China National Electronics Import & Export Corporation (CEIEC) and Aerospace Long March International Trade Co. Ltd (ALIT) signed the contract with the Director-General of TRCSL, Anusha Palpita ...