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  2. Poverty in Sri Lanka - Wikipedia

    en.wikipedia.org/wiki/Poverty_in_Sri_Lanka

    The Sri Lankan government has been successful in reducing poverty from 15.2% on 2006 to 8.9% in 2010, urban poverty was reduced from 6.7 to 5.3% while rural poverty was reduced from 15.7 to 9.5%, and the nation has made significant progress towards achieving Millennium Development Goals on eradicating extreme poverty and hunger.

  3. Economy of Sri Lanka - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Sri_Lanka

    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%. [40] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [41]

  4. List of countries by percentage of population living in poverty

    en.wikipedia.org/wiki/List_of_countries_by...

    [10] According to World Bank, "Poverty headcount ratio at a defined value a day is the percentage of the population living on less than that value a day at 2017 purchasing power adjusted prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions."

  5. Why Sri Lanka's economy collapsed and what's next

    www.aol.com/news/why-sri-lankas-economy...

    Sri Lanka’s prime minister says the island nation’s debt-laden economy has “collapsed” as it runs out of money to pay for food and fuel. Short of cash to pay for imports of such ...

  6. Economy of South Asia - Wikipedia

    en.wikipedia.org/wiki/Economy_of_South_Asia

    By 2024, Sri Lanka re-entered the path of economic growth, with a renewed focus on sustainable development. [149] Sri Lanka has met the Millennium Development Goal (MDG) target of halving extreme poverty and is on track to meet most of the other MDGs, outperforming other South Asian countries. Sri Lanka's poverty headcount index was 4.1% by 2016.

  7. Sri Lankan economic crisis (2019–2024) - Wikipedia

    en.wikipedia.org/wiki/Sri_Lankan_economic_crisis...

    The Sri Lankan economic crisis [8] is a 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]

  8. Corruption in Sri Lanka - Wikipedia

    en.wikipedia.org/wiki/Corruption_in_Sri_Lanka

    High income inequality/disparity and increased poverty have contributed to the prevalent corruption culture in Sri Lanka. Corruption has always been a hot topic in Sri Lanka and has been a root cause of Sri Lanka's worsening economic situation since 2019. [9] Corruption was among many issues which provoked the 2022 nationwide protests. These ...

  9. Poverty - Wikipedia

    en.wikipedia.org/wiki/Poverty

    In 2012 it was estimated that, using a poverty line of $1.25 a day, 1.2 billion people lived in poverty. [75] Given the current economic model, built on GDP, it would take 100 years to bring the world's poorest up to the poverty line of $1.25 a day. [76] UNICEF estimates half the world's children (or 1.1 billion) live in poverty. [77]