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On 7 March 2023, the rupee gained 0.5% to trade at 250.8 per dollar, registering a 14% increase after the announcement by the IMF that it will finalize a $2.9 billion bailout for Sri Lanka on 20 March and receiving assurances from China that it will assist in the country's debt restructuring efforts.
The Speaker is the third highest-ranking official in Sri Lanka. At present, Speaker ranks in the order of precedence after the President and Prime Minister . From 1948 to 1971 (when the Senate was abolished) the Speaker ranked fifth in the precedence after the Governor-General , the Prime Minister, the Chief Justice and the President of the Senate.
The JBL Paragon, measuring almost 9 feet (2.7 m) from left to right. The JBL D44000 Paragon is a one-piece stereo loudspeaker created by JBL that was introduced in 1957 and discontinued in 1983; its production run was the longest of any JBL speaker. [1] At its launch, the Paragon was the most expensive domestic loudspeaker on the market. [2]
Sri Lanka's cabinet has approved increasing the minimum wage by 40%, a top official said on Tuesday, to support workers struggling with living costs as the economy slowly shakes off its worst ...
The Deputy Speaker and Chairman of Committees is a member of the Parliament of Sri Lanka (and its predecessors the National State Assembly, the House of Representatives and the State Council) who presides over sittings of Parliament in the absence of the Speaker. [1]
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.
COLOMBO (Reuters) -Sri Lanka is asking international bond holders to take a 30% haircut and is seeking similar concessions from investors in its domestic dollar-denominated notes as it seeks to ...
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%. [40] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [41]
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