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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]
The mixed economy of Sri Lanka was worth $84 billion by nominal gross domestic product (GDP) in 2019 [25] and $296.959 billion by purchasing power parity (PPP). [26] The country had experienced an annual growth of 6.4 percent from 2003 to 2012, well above its regional peers.
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 ...
There are also a number of satellite networks and pay per view television networks in Sri Lanka. The national telecommunications provider Sri Lanka Telecom also launched an IPTV service in 2008. Since then, during the last two decades, multiple broadcasting networks have entered the public frequencies. A privately owned company, Swarnawahini ...
The Sri Lanka Broadcasting Corporation (SLBC), formerly Radio Ceylon, is the oldest radio station in Asia, and was founded as Colombo Radio in 1925. Edward Harper who was then the Chief Engineer at the Telegraph Department in 1921, was the first person who initiated experimental broadcasts in Ceylon. The first-ever broadcast on an experimental ...
This article lists the largest companies in Sri Lanka terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes and local business magazine LMD. 2022 list. This list is based on the LMD, which ranks the largest publicly traded companies.
The Ministry of Mass Media [2] ( Sinhala: ජනමාධ්ය අමාත්යාංශය; Tamil: வெகுசன ஊடக அமைச்சு) is a cabinet ministry of the Government of Sri Lanka responsible for the implementation of the Post Office Ordinance and the Stamp Ordinance of Sri Lanka. [3] Aside from broader policy ...
Website. nation .lk. The Nation is a weekly English-language newspaper in Sri Lanka. It is published on every Sunday, by Rivira Media Corporation (Pvt) Ltd. A sister newspaper of Rivira, The Nation was established in 2006. It has a circulation of 132,000 per issue and an estimated readership of 662,000 by 2012.