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In the past four years, the share of people living below the poverty line in Sri Lanka has risen to 25.9 per cent. The World Bank forecasts the economy to grow by just 2.2 per cent in 2024.
The Daily News is an English-language newspaper in Sri Lanka. It is now published by the Associated Newspapers of Ceylon Limited (Lake House), a government-owned corporation . The newspaper commenced publishing on 3 January 1918. [ 1 ]
The 2022 Sri Lankan political crisis was a political crisis in Sri Lanka due to the power struggle between President Gotabaya Rajapaksa and the people of Sri Lanka. It was fueled by the anti-government protests and demonstrations by the public due to the economic crisis in the country .
The Sunday Observer and its sister newspapers the Daily News, Dinamina, Silumina and Thinakaran are published by Associated Newspapers of Ceylon Limited (Lake House), a government-owned corporation. The paper, which was established in the present-day format in 1928, has roots that date back to 1834 when Sri Lanka was under the British rule.
In 2022, as protests began growing in Sri Lanka, Jaliya Wickramasuriya, former Sri Lankan ambassador to the United States and Mexico, and a cousin of the Rajapaksa brothers, pleaded guilty in U.S. District Court for defrauding $332,027 from the Sri Lankan government during the purchase of a new embassy building in 2013.
Sri Lanka reports the first death of a pregnant woman due to COVID-19. [71] 6 May – Vaccination of the Sputnik V COVID-19 vaccine manufactured in Russia commences in Sri Lanka. [72] 7 May – Construction work for Sri Lanka's 07th Expressway, the Ruwanpura Expressway, is remotely launched by Prime Minister Mahinda Rajapaksa. [73] 8 May
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]
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