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As shown in the Corruption Perception Index 2023, there is also a positive relationship between corruption and impunity. Countries with higher levels of corruption are less likely to sanction public officials for failing to adhere to existing rules and fulfill their responsibilities.
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]
Anti-Chinese sentiment had declined by the mid-20th century, however it has recently been inflamed by the perception that Chinese immigrants have driven up housing prices. [206] Today, anti-Chinese sentiment in New Zealand mainly concerns the issue of housing prices. [ 206 ]
On 27 February 2015, newly appointed CBSL governor Arjuna Mahendran advertised the sale of Rs. 1 billion in 30 year government bonds at a coupon of 12.5% [7] Despite several accounts erroneously cite an indicative rate of 9.5%.
Lakshman Arjuna Mahendran is a Sri Lankan-born Singaporean economist and banker. [1] He is a former Governor of the Central Bank of Sri Lanka (CBSL), having been appointed by President Maithripala Sirisena in January 2015 and served until the end of his term on 30 June 2016. [2]
It is administered by Airport and Aviation Services (Sri Lanka) Ltd and serves as the hub of SriLankan Airlines, the national carrier of Sri Lanka, Fitsair, a privately owned low-cost carrier, and domestic carrier Cinnamon Air. The other airport serving the city of Colombo is Ratmalana International Airport. SriLankan Airlines has its main base ...
Sri Lanka's population is aging faster than any other nation in South Asia and has the fifth highest rapidly growing population of older people in Asia after China, Thailand, South Korea and Japan. [16] [17] [18] In 2015, Sri Lanka's population aged over 60 was 13.9%, by 2030 this will increase to 21% and by 2050 this number will reach 27.4%.
He also requested the international community to assist in development during the ceasefire – the Tokyo Donor Conference on Reconstruction and Development of Sri Lanka was held in June 2003, during which Sri Lanka received more than 4.5 billion dollars in reconstruction and development aid.