Search results
Results from the WOW.Com Content Network
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]
United Nations Economic Commission for Europe. "Search for Locations – country:LK". Great Circle Mapper. "Airports in Sri Lanka". World Aero Data. Archived from the original on February 17, 2013. "Airports in Sri Lanka". Airport & Aviation Services (Sri Lanka) Limited.
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%. [41] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [42]
Sri Lanka’s prime minister says the island nation’s debt-laden economy has “collapsed” as it runs out of money to pay for food and fuel. Short of cash to pay for imports of such ...
This was the first time the An-225 had landed in Sri Lanka. [43] During the COVID-19 pandemic, The airport has been handling ship crew changes and repatriation flights, In June and July 2020, Mattala Rajapaksa International Airport handled more than 50 flights involving 2,188 passengers. [44]
The court order was issued on the basis of a case filed by political activist Keerthi Tennakoon against Cabraal regarding misappropriation and misuse of public funds which led to the massive economic crisis in Sri Lanka. [412] Basil Rajapaksa tested positive for COVID-19 on 16 April 2022 and was hospitalised for treatment.
Atlantic Council GeoEconomics Director Josh Lipsky joins Yahoo Finance Live to discuss what led to recent protests and the economic collapse in Sri Lanka as well as what it means for other ...
[17] [18] Sri Lanka's credit was also downgraded as a result of the crisis, [19] [20] while the United States and Japanese governments froze more than a billion US dollars worth of development aid. November saw industrial activity in Sri Lanka slow as a result of the crisis, falling 3.7% from October to November, the largest seen since it began ...