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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 crisis is said to have begun due to ...
2022 Sri Lankan protests. Sri Lanka Army. The 2022 Sri Lankan protests, commonly known as Aragalaya ( Sinhala: අරගලය, lit. 'The Struggle'), were a series of mass protests that began in March 2022 against the government of Sri Lanka. The government was heavily criticized for mismanaging the Sri Lankan economy, which led to a subsequent ...
Culturally, Sri Lanka possesses strong links to both India and Southeast Asia. [1] For over 2,500 years, India and Sri Lanka have nurtured a legacy of historical, cultural, religious, spiritual, and linguistic connections. The country has a rich artistic tradition, with distinct creative forms that encompass music, dance, and the visual arts.
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%.
Criminals are increasingly turning to old-school forms of ID theft as part of a 'big money grab' fueled by the pandemic.
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 ...
The president of Sri Lanka is the elected head of state and the chief executive of Sri Lanka ( formerly Ceylon ). The president is a dominant political figure in the country. The office was created in 1972, as more of a ceremonial position. It was empowered with executive powers by the 1978 Constitution introduced by J. R. Jayewardene.
The secondary sale will be closely monitored as Revolut has become the crown jewel of the U.K.’s fintech sector and the most valuable private company in Europe.