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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]
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 economic crisis involving severe ...
Dominion status followed on 4 February 1948 with military treaties with Britain, as the upper ranks of the armed forces were initially British, and British air and sea bases remained intact. This was later raised to independence itself and Senanayake became the first Prime Minister of Sri Lanka. In 1949, with the concurrence of the leaders of ...
Independence Day (Sri Lanka) National Day, also known as Independence Day, [1] is a Sri Lankan national holiday celebrated annually on 4 February to commemorate the country’s political independence from British rule in 1948. It is celebrated all over the country through a flag-hoisting ceremony, dances, parades, and performances. Usually, the ...
Pages in category "Public holidays in Sri Lanka" The following 17 pages are in this category, out of 17 total. ... Independence Day (Sri Lanka) M. Māgha Pūjā ...
Since 1880, the time zone in Sri Lanka (or formerly, Ceylon) has varied from UTC+05:30 to UTC+06:30 . In 1880, Ceylon observed UTC+05:30. During World War II, in January 1942, when the Japanese were on the verge of invading Ceylon, the official time shifted to UTC+06:00. When the war ended in 1945, Ceylon reverted to UTC+05:30 to be in the same ...
Time in Sri Lanka. Time in Sri Lanka since 15 April 2006 is officially represented by the Sri Lanka Standard Time (SLST, UTC+05:30 ). Historic UTC offsets were: UTC+05:30. UTC+06:00. UTC+06:30.
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