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The Department of Agriculture (DOA) functions under the Ministry of Agriculture of Government of Sri Lanka is one of the largest government departments with a high profile community of agricultural scientists and a network of institutions covering different agro ecological regions island wide. DOA focuses on maintaining and increasing ...
Sri Lanka's president is set to slash expenditure when he presents an interim budget on Tuesday to see the crisis-ridden country through the rest of the year, amid discussions with the ...
Sri Lanka needs to implement budget proposals and reform measures to start earning crucial foreign exchange to help stabilise its economy and ensure it does not return to crisis, its central bank ...
Sri Lanka unveils a budget on Monday attempting to put the South Asian government's finances in order, with reforms to advance a $2.9 global billion bailout from the island's worst financial ...
Sri Lanka Freedom Party: 27 July 2005: Minister of Agriculture [35] Maithripala Sirisena: Sri Lanka Freedom Party: 23 November 2005: Mahinda Rajapaksa: Minister of Agriculture, Environment, Irrigation and Mahaweli Development [36] 28 January 2007: Minister of Agricultural Development and Agrarian Services [37] [38] [39] Mahinda Yapa Abeywardena ...
It is one of the main sources of foreign exchange for Sri Lanka and accounts for 2% of GDP, generating roughly $700 million annually to the economy of Sri Lanka. It employs, directly or indirectly over 1 million people, and in 1995 directly employed 215,338 on tea plantations and estates. Sri Lanka is the world's fourth largest producer of tea.
The budget is also expected to include measures aimed at helping Sri Lanka restructure its debt as it tries to finalise a $2.9 billion bailout from the International Monetary Fund. Sri Lanka's new ...
The incumbent Government of Sri Lanka under president Gotabaya Rajapaksa made continuous cascading policy errors [55] that resulted in a severe economic crisis for Sri Lanka. These included significant tax cuts that affected fiscal policies , and reduced government revenue, which intensified the budget deficit as well as inflation. [ 56 ]