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Overview. 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%. Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector.
Taxation by country. Taxation in Sri Lanka mainly includes excise duties, value added tax, income tax and tariffs. [1] Tax revenue is a primary constituent of the government's fiscal policy. The Government of Sri Lanka imposes taxes mainly of two types in the forms of direct taxes and indirect taxes. As of 2018 CBSL report, taxes are the most ...
Sri Lanka's population is aging faster than any other nation in South Asia and has the fifth highest rapidly growing population of older people in Asia after China, Thailand, South Korea and Japan. [16] [17] [18] In 2015, Sri Lanka's population aged over 60 was 13.9%, by 2030 this will increase to 21% and by 2050 this number will reach 27.4%.
5th. 7 February 2024 –. The 16th Parliament of Sri Lanka is the current Parliament of Sri Lanka, with the membership determined by the results of the 2020 parliamentary election held on 5 August 2020. According to the Constitution of Sri Lanka the maximum legislative term of the parliament is 5 years from the first meeting.
In 1638, Dutch traders established a trading post in Sri Lanka, took control of the manufactories by 1640, and expelled the remaining Portuguese by 1658. "The shores of the island are full of it," a Dutch captain reported, "and it is the best in all the Orient. When one is downwind of the island, one can still smell cinnamon eight leagues out ...
UNP. Presidential elections are scheduled to be held in Sri Lanka sometime between 17 September and 16 October 2024, according to the Constitution of Sri Lanka. [1] Voters will elect a president for a term of five years. Incumbent president Ranil Wickremesinghe is eligible to run for re-election. [2]
Anti-Indian prejudice may be caused by the island nation's bad experience with Invasions by Tamil Dynasties (such as the Chola dynasty), their ethnic tensions with Sri Lanka's Tamil minority, who are accused of loyalty to India, India's alleged support and training of the LTTE as well as massacres against Tamil Sri Lankan civilians committed by ...
The global literacy rate for all males is 90.0%, and the rate for all females is 82.7%. The rate varies throughout the world, with developed nations having a rate of 99.2% (2013), South and West Asia having 70.2% (2015), and sub-Saharan Africa at 64.0% (2015). [1] Over 75% of the world's 781 million illiterate adults are found in South Asia ...