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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 ...
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]
2019 railway strike in Sri Lanka was an industrial dispute which happened for 12 consecutive days between the Sri Lanka Railways and the Government of Sri Lanka over the salary increments. It was considered to be one of the longest railway strikes in Sri Lanka since 2008. The strike began in mid September from midnight and ended up on 7 October ...
‘This is a political dispute caused by the government,’ claims train drivers’ union Train strikes 2023: Everything you need to know about September and October rail industrial action Skip to ...
Aslef is embroiled in a long-running pay dispute which remains deadlocked after 18 months.
Members of Aslef at 15 rail companies will walk out in a long-running dispute over pay, with some areas having no trains all day.
The Central Bank of Sri Lanka (abbr. CBSL; Sinhala: ශ්රී ලංකා මහ බැංකුව, romanized: Sri Lanka Maha Bankuwa) is the monetary authority of Sri Lanka. It was established in 1950 under the Monetary Law Act No.58 of 1949 (MLA) and in terms of the Central Bank of Sri Lanka Act No. 16 of 2023, the CBSL is a body ...
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