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The welfare state of Sri Lanka began to evolve in the 1930s through to the 1970s, and comprises expenditures by the government of Sri Lanka intended to improve health, education, employment and social security. The Sri Lankan system has been classified as a liberal welfare state system. [1]
Since 1991, students obtaining sufficient grades, are still eligible for a free education (on a competitive basis) in state or private universities, but the student can also pay for studying if grades are above minimal threshold, but not enough to be enrolled into the desired university for free. [35] In Sri Lanka, free education is provided by ...
Sri Lanka Cashew Corporation; Sri Lanka Cement Corporation; Sri Lanka Export Credit Insurance Corporation; Sri Lanka Handicrafts Board; Sri Lanka Land Reclamation & Development Corporation; Sri Lanka Ports Authority; Sri Lanka Railway Authority; Sri Lanka Rubber Manufacturing Export Co. Ltd; Sri Lanka Rupavahini Corporation; Sri Lanka State ...
The Intercollegiate Sri Lanka Education (ISLE) program provides facilities for undergraduate students from United States of America to study in Sri Lanka. Each year, about 20 undergraduates spend five months in Sri Lanka following courses given by members of the Faculty of Arts. This programme also involves an exchange of faculty. [32] [33]
Sri Lanka has also sought an additional $500 million line of credit from India, and began negotiating a credit line of $1.5 billion. Sri Lankan minister of finance Ali Sabry has stated "We are a neutral country. We are a friend to all." [10] In May 2022, Sri Lanka defaulted on its debt for the first time in the country's history. [12]
This is an accepted version of this page This is the latest accepted revision, reviewed on 25 January 2025. This article needs to be updated. Please help update this article to reflect recent events or newly available information. (March 2022) World map of countries shaded according to the literacy rate for all people aged 15 and over This is a list of countries by literacy rate. The global ...
It was founded as the University College Library in 1921. With the amalgamation of the Ceylon University College and the Ceylon Medical College in 1942 to form the first university in Sri Lanka, the University of Ceylon, University College library became the University of Ceylon library. At the time this transformation occurred, the library ...
It is considered as one of the most systemically important banks in Sri Lanka. It is the largest lender to Sri Lanka's Small and Medium Enterprise sector. [7] The Ministry of Finance of Sri Lanka revealed that the Commercial Bank of Ceylon was the biggest lender to SME sector for the year 2020 amounting to an estimated amount of 21.6 billion ...