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The 2022 Sri Lankan protests, commonly known as Aragalaya (Sinhala: අරගලය, lit. 'The Struggle'), were a series of mass protests that began in March 2022 against the government of Sri Lanka. The government was heavily criticized for mismanaging the Sri Lankan economy, which led to a subsequent economic crisis involving severe inflation ...
Ranil Wickremesinghe is elected as the President by the Parliament on 20 July. 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 ...
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 National People's Power (NPP) or Jathika Jana Balawegaya (JJB) is a socialist political alliance in Sri Lanka. It was established in 2019 [1] by Anura Kumara Dissanayake, leader of the Janatha Vimukthi Peramuna who was later elected president in the 2024 presidential election with 42.31% of the preferential votes. [8][9][10]
The lithium iron phosphate battery (LiFePO. 4 battery) or LFP battery (lithium ferrophosphate) is a type of lithium-ion battery using lithium iron phosphate (LiFePO. 4) as the cathode material, and a graphitic carbon electrode with a metallic backing as the anode. Because of their low cost, high safety, low toxicity, long cycle life and other ...
The Sri Lankan Rupee (Sinhala: රුපියල්, Tamil: ரூபாய்; symbol: රු (plural) in English, රු in Sinhala, ௹ in Tamil; ISO code: LKR) is the currency of Sri Lanka. It is subdivided into 100 cents (Sinhala: සත, Tamil: சதம்), but cents are rarely seen in circulation due to its low value. It is issued by ...
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 ...
The 16th parliamentary election was held on 5 August 2020. [3] The incumbent Sri Lanka People's Freedom Alliance claimed a landslide victory in the election claiming the majority winning 145 seats, [4] [5] [6] while the newly formed Samagi Jana Balawegaya won a total of 54 seats and the National People's Power won 3 seats.