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The bill titled as Colombo Port City Economic Commission Bill is regarded as one of the important legislations to be passed in the Parliament of Sri Lanka as it is related to the Colombo Port City project, which is the biggest foreign investment received by Sri Lanka from China in the country's history. The bill was slated and deemed as ...
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%. [39] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [40]
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]
Ministry of Finance, Economic Stabilization and National Policies; මුදල්, ආර්ථික ස්ථායිකරණ සහ ජාතික ප්රතිපත්ති අමාත්යාංශය
The Ministry of National Policies and Economic Affairs (Sinhala: ජාතික ප්රතිපත්ති හා ආර්ථික කටයුතු අමාත්යාංශය Jāthika Prathipaththi hā Ārthika Katayuthu Amathyanshaya; Tamil: தேசிய கொள்கைகள் மற்றும் பொருளாதார அலுவல்கள் ...
Sri Lanka has been grappling with significant economic challenges, including high levels of external debt and a strained fiscal situation. The COVID-19 pandemic further exacerbated these issues, leading to reduced revenues, increased borrowing, and a decline in foreign exchange reserves. As a result, the government has been facing difficulties ...
The Board of Investment of Sri Lanka (BoI) (Sinhala: ශ්රී ලංකා ආයෝජන මණ්ඩලය Shri Lanka Ayojana Mandalaya) is the investment promotion agency of Sri Lanka. It was established in 1992, expanding the scope of the Greater Colombo Economic Commission (GCEC) which was formed in 1978. [2]
Port City Colombo is located in the metropolis of Colombo, Sri Lanka, which is positioned within South Asian trade routes. The master planned city is to be constructed between the southern edge of the new Colombo South Port and the Fort lighthouse. The total area of sea to be reclaimed is 269 ha (660 acres). [1] [2]