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The mixed economy of Sri Lanka was worth 27.60 LKR trillion ($84 billion) by gross domestic product (GDP) in 2023 [34] and $318 billion by purchasing power parity (PPP). [35] The country had experienced an annual growth of 6.4 percent from 2003 to 2012, well above its regional peers.
The following list of countries by labour productivity ranks countries by their workforce productivity. Labour productivity can be measured as gross domestic product (GDP) or gross national income (GNI) generated per hour.
The Ministry of Productivity Promotion was a former cabinet ministry of the Government of Sri Lanka responsible for oversight of the country's labour market through policy formulation and implementation for skills development of the national workforce, with a targeted national productivity growth of 5-6% annually. [2]
The Sri Lankan economic crisis [8] is an ongoing crisis 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 Sri Lankan rupee is the world’s worst performing currency, and food and fuel shortages have gripped the island. How COVID and a nationwide pivot to organic farming pushed Sri Lanka’s ...
In 2022, Sri Lanka faced a severe economic crisis, characterized by high inflation, and political instability. [148] However, the country stabilized faster than expected in 2023 due to key economic reforms and fiscal discipline. By 2024, Sri Lanka re-entered the path of economic growth, with a renewed focus on sustainable development. [149]
Sri Lanka Podujana Peramuna: 9 November 2018: 15 December 2018: Minister of Labour, Foreign Employment and Petroleum Resources Development Daya Gamage: United National Party: 20 December 2018: 11 January 2019: Minister of Labour, Trade Union Relations and Social Empowerment Nimal Siripala de Silva: Sri Lanka Freedom Party: 12 August 2020: 11 ...
Ministry of Finance, Economic Stabilization and National Policies; මුදල්, ආර්ථික ස්ථායිකරණ සහ ජාතික ප්රතිපත්ති අමාත්යාංශය