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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]
Maximum retail price (MRP) is a manufacturer-calculated price that is the highest price that can be charged for a product sold in India, Indonesia, where it is known as Harga Eceran Tertinggi (HET), and Bangladesh. [1] The MRP is also imposed by the government in Sri Lanka for goods designated as 'essential commodities'. [2]
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.
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]
JPMorgan said it was obligated to reprice the warrants after Musk's tweet, and that a subsequent 10-fold increase in Tesla's stock price required that company to make payments, which it had not done.
(Reuters) -Grubhub settled with the U.S. Federal Trade Commission and Illinois Attorney General Kwame Raoul on Tuesday for allegedly misleading customers about order fees, adding restaurants to ...
How To Make My 5-Ingredient Pear Crisp. For about 6 servings, you’ll need: 4 large firm, ripe Bosc or Anjou pears (about 2 pounds) 2 teaspoons vanilla extract
The Milanka Price Index was one of the principal stock indices of the Colombo Stock Exchange in Sri Lanka till it was discontinued in January 2013 further to introduction of Standard & Poor's Sri Lanka 20 index.