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The Sri Lanka People's Freedom Alliance (SLPFA), led by Mahinda Rajapaksa, won a large majority in the 2020 Sri Lankan parliamentary election on 5 August 2020. [9] During their tenure, the government under President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa faced multiple crises, including the COVID-19 pandemic, the economic crisis, widespread protests, and the 2022 Sri Lankan ...
Taxation by country. Taxation in Sri Lanka mainly includes excise duties, value added tax, income tax and tariffs. [1] Tax revenue is a primary constituent of the government's fiscal policy. The Government of Sri Lanka imposes taxes mainly of two types in the forms of direct taxes and indirect taxes. As of 2018 CBSL report, taxes are the most ...
The 2024 Sri Lankan presidential election was the ninth presidential election in the country’s history and was held on 21 September 2024. [ 3 ][ 4 ] Incumbent President Ranil Wickremesinghe ran for re-election as an independent candidate, making him the first sitting president to run for re-election since Mahinda Rajapaksa in 2015. [ 5 ][ 6 ...
Anura Kumara Dissanayake[b] (born 24 November 1968), commonly referred to by his initials AKD, is a Sri Lankan Marxist politician [1][2][3][4][5][6][7] who is the current president of Sri Lanka. Dissanayake was the first Sri Lankan president to be elected in a second round of vote counting, [8][9] and the second elected president not from Sri ...
Parliamentary elections have been held in Sri Lanka since the first in 1947, under three different constitutions: the Soulbury Constitution, the 1972 Constitution, and the currently enforced 1978 Constitution. Sixteen parliamentary elections have been held up to and including the 2020 election. The seventeenth is scheduled for 14 November 2024.
The president appoints the Prime Minister of Sri Lanka who can command the confidence of the Parliament of Sri Lanka. [2] Anura Kumara Dissanayake is the 10th and current president, having assumed office on 23 September 2024, after being declared the winner of the 2024 presidential election. [3] [4] [5]
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%. [42] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [43]
6.9% (for minimum wage full-time work in 2024: includes 20% flat income tax, of which first 7848€ per year is tax exempt for low-income earners + 2% mandatory pension contribution + 1.6% unemployment insurance paid by employee); excluding social security taxes paid by the employer