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Sri Lanka, [a] 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. It shares a maritime border with the Maldives in the southwest ...
Sri Lanka is officially a Buddhist country, while Sri Lankans practice a variety of religions. As of the 2012 census, 70.2% of Sri Lankans were Buddhists, 12.6% were Hindus, 9.7% were Muslims (mainly Sunni ), 7.4% were Christians (mostly Catholics ). [2] [3] Buddhism is declared as the State religion of Sri Lanka and has been given special ...
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]
The main languages spoken in Sri Lanka are Tamil and Sinhala. Several languages are spoken in Sri Lanka within the Indo-Aryan, Dravidian, and Austronesian families. Sri Lanka accords official status to Sinhala and Tamil, with English as a recognised language. The languages spoken on the island nation are deeply influenced by the various ...
The restructuring of domestic debt in cash-strapped Sri Lanka is a crucial step towards addressing the country’s financial challenges and achieving fiscal stability. By negotiating new terms and conditions with domestic lenders, the government aims to alleviate immediate cash flow pressures and establish a sustainable framework for debt ...
Sri Lanka is an island nation located in the Indian Ocean. Sri Lanka joined the International Monetary Fund on August 29, 1950. [1] Since June 1965, Sri Lanka has taken 16 loans from the IMF, with a total value of 3,586,000,000 SDR's. The most recent of these loans was agreed to in June 2016, with an agreed total of 1,070,780 SDR's, and ...
SRI International ( SRI) is an American nonprofit scientific research institute and organization headquartered in Menlo Park, California. The trustees of Stanford University established SRI in 1946 as a center of innovation to support economic development in the region. The organization was founded as the Stanford Research Institute.
April. 8 April – The first round of the 2010 Sri Lankan parliamentary election is held. 20 April – 2010 Sri Lankan parliamentary election: Due to irregularities in two districts, polls were re-held. The ruling United People's Freedom Alliance led by President Mahinda Rajapaksa secures a landslide victory, obtaining 144 seats in the ...