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Until 2019, tariffs provided the third major contribution to the government tax revenue with nearly 20%. [17] However in 2019, the Sri Lankan government implemented measures to curtail import expenditure and to promote exports in order to avoid the trade deficit. [18] Subsequently, the import levy imposed on the imports also reduced from 19% to ...
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]
The CSE trades 296 companies representing 20 business sectors, as of 25 January 2021, with a combined market capitalization of 3,699 billion Sri Lankan rupees. [ 1 ] On 1 September 2021, turnover surpassed 14 billion and the All Share Price Index (ASPI) surpassed 9000 points for the first time when it closed at a record high of 9,163.13 points.
On August 20, 2024, Sri Lanka's Postal Department issued the world's longest stamp, measuring 205 millimetres (8.1 in), [10] to commemorate the Kandy Esala Perahera festival in Kandy. The stamp has a value of Rs. 500. [11]
On 20 October 2020, the Supreme Court ruled that certain clauses in the amendment required a public referendum instead of a parliamentary supermajority. [ 17 ] [ 18 ] A two-day debate on the 20th Amendment to the Constitution was held from 21 October through 22 October, during a meeting of the Committee on Parliamentary Business.
The 20 companies that make up the index is determined by Standard & Poor's global index methodology, according to which the index's listing is reviewed each year. [2] All S&P SL20 listed stocks are classified according to S&P and MSCI 's Global Industry Classification Standard , thereby enabling better comparison of performance of Sri Lanka's ...
In February 2019 Sri Lankan police refused to press charges against Indian national, Marceli Thomas and cleared the man of wrongdoing due to lack of evidence. "There is no sufficient evidence to file charges against him and we will not file charges against him", S. Wijesuriya, an investigating official, told the Colombo Magistrate Court. [15] [16]
Commission Implementing Decision (EU) 2019/939 of 6 June 2019 designating issuing entities designated to operate a system for the assignment of Unique Device Identifiers (UDIs) in the field of medical devices (Text with EEA relevance) Image title: Author: www.legislation.gov.uk: Software used: FOP 1.0: Conversion program: Apache FOP Version 2.1 ...