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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%. [41] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [42]
Joan Lunden (born Joan Elise Blunden, September 19, 1950) is an American journalist, an author, and a television host. Lunden was the co-host of ABC 's Good Morning America from 1980 to 1997, and has authored over ten books.
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]
Joan Lunden and husband Jeff Konigsberg leaving the hospital with their first set of twins, Kate Elizabeth and Max Aaron, in 2003. (Photo by L. Busacca/WireImage) (L. Busacca via Getty Images)
Colombo, the financial centre of Sri Lanka. The mixed economy of Sri Lanka was worth 27.60 LKR trillion ($84 billion) by gross domestic product (GDP) in 2023 [146] and $318 billion by purchasing power parity (PPP). [147] The country had experienced an annual growth of 6.4 percent from 2003 to 2012, well above its regional peers.
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Joan Lunden at the world premiere of Apple TV+'s The Morning Show in 2019 in New York City. (Photo: Astrid Stawiarz/Getty Images,) (Astrid Stawiarz via Getty Images)
The tax revenue to GDP ratio is just about 11.6 percent as of 2018, which is one of the lowest rates among the upper-middle income earning countries. [2] At present, the government of Sri Lanka also face major challenges regarding the continuous budget deficits where government expenditures have exceeded the government tax revenue. [3]