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Development Lotteries Board also known DLB is the Sri Lanka government national lottery company. stated in 1983. In 1980s Lotteries Board established with the investment of Rs. 2.2 million (Rs. 260 million in 2020). Half of money donated President's Fund. Early project advised by former President J. R. Jayawardana. [1]
Presidential elections were held in Sri Lanka on 16 November 2019. [1] [2] Incumbent president Maithripala Sirisena did not run for a second term.Gotabaya Rajapaksa, brother of former president Mahinda Rajapaksa, was the candidate of the Sri Lanka Podujana Peramuna [3] and was endorsed by the Sri Lanka Freedom Party. [4]
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]
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 ...
Sri Lanka has seen external instability from around late 2014 suffering two currency crises and low growth with the rupee falling from 131 to 182 to the US dollar by 2018. [6] Foreign debt rose from 30% of gross domestic product in 2014 to 41.3% in 2019 while total debt went up from 76% to 86% as growth slowed amid [ 7 ] Sovereign bond ...
Local elections were held in Sri Lanka on 10 February 2018. [3] [4] 15.7 million Sri Lankans were eligible to elect 8,327 [i] members to 340 local authorities (24 municipal councils, 41 urban councils and 275 divisional councils). [5] [6] It was the largest election in Sri Lankan history.
The election signified a major political realignment in Sri Lanka. [10] Dissanayake's victory was the first time a third-party candidate was elected president. This was also the first election where neither of the top two candidates were endorsed by the United National Party or the Sri Lanka Freedom Party.
East Asia was gradually overtaking Sri Lanka. In 1950 Sri Lanka's un-adjusted school enrolment ratio as a share of the 5-19 year age group was 54%, India 19%, Korea 43% and the Philippines 59%. But by 1979 Sri Lanka's school enrollment rate was 74%, but the Philippines had improved to 85% and Korea was 94%. [65]