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In 2019 with an income per capita of 13,620 PPP Dollars [34] or 3,852 (2019) nominal US dollars, [35] [36] Sri Lanka was re-classified as a lower middle income nation with the population around 22 million (2021) [37] by the World Bank from a previous upper middle income status. [38] Sri Lanka has met the Millennium Development Goal (MDG) target ...
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.
Sri Lanka has been involved with the World Bank since its initial entrance into the International Bank for Reconstruction and Development (IBRD) on August 29, 1950. [1] Currently, Sri Lanka's quota in the IBERT is approximately 515.4 million dollars, thus allotting 5,846 votes or 0.25% of the total votes in the institution. [2]
The National Institute of Education (NIE), Sri Lanka, based in Maharagama, was established in 1986 under the provisions of the National Institute of Education Act No. 28 of 1985. The aim of the institute is to "provide leadership for the development of general education with quality, equity and relevance in a pluralistic society".
Sri Lankan garment workers. Gender inequality in Sri Lanka is centered on the inequalities that arise between men and women in Sri Lanka.Specifically, these inequalities affect many aspects of women's lives, starting with sex-selective abortions and male preferences, then education and schooling in childhood, which influence job opportunities, property rights, access to health and political ...
Women in Sri Lanka make up to 52.09% of the population according to the 2012 census of Sri Lanka. [7] Sri Lankan women have contributed greatly to the country's development, in many areas. Historically, a masculine bias has dominated Sri Lankan culture , and they are allowed to vote in election since 1931 . [ 8 ]
Mahaweli Development programme. The Mahaweli Development program (Sinhala: මහවැලි සංවර්ධන වැඩසටහන) is known as the largest multipurpose national development program in the history of Sri Lanka and is also considered the keystone of the government's development program that was initiated in 1961.
Sri Lanka's population is aging faster than any other nation in South Asia and has the fifth highest rapidly growing population of older people in Asia after China, Thailand, South Korea and Japan. [16] [17] [18] In 2015, Sri Lanka's population aged over 60 was 13.9%, by 2030 this will increase to 21% and by 2050 this number will reach 27.4%.