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Currently, Sri Lanka allocates less than 2% of its GDP on education, which falls well below the international benchmark of 4-6%, making it one of lowest in the region, UNICEF emphasised until 2025. [5] In the 2025 Budget, Sri Lanka has made a historic investment in education, allocating substantial funds to enhance various aspects of the sector.
Meanwhile, Kamindu Mendis is included in the ICC Test Team of the Year 2024 and Matheesha Pathirana in the ICC T20I Team of the Year 2024. Sri Lanka women's cricketer Chamari Athapaththu is also included in the ICC Women's T20I Team of the Year 2024 as the captain. [11] Kamindu was later awarded as the ICC Men’s Emerging Cricketer of the Year ...
Education in Sri Lanka has a long history that dates back two millennia. While the Constitution of Sri Lanka does not provide free education as a fundamental right, the constitution mentions that 'the complete eradication of illiteracy and the assurance to all persons of the right to universal and equal access to education at all levels" in its section on directive principles of state policy ...
Sri Lanka's president said Wednesday that he is seeking a loan repayment moratorium until 2028 as the debt-ridden county tries to emerge from bankruptcy. President Ranil Wickremesinghe told ...
Sri Lanka joined the International Monetary Fund on August 29, 1950. [1] Since June 1965, Sri Lanka has taken 16 loans from the IMF, with a total value of 3,586,000,000 SDR's. The most recent of these loans was agreed to in June 2016, with an agreed total of 1,070,780 SDR's, and 715,230,000 SDR's being withdrawn.
Primary and secondary education is free in Sri Lanka and is the responsibility of the Ministry of Education and the Provincial Governments. Undergraduate education in state universities are free, but limited to less than 10% of the student population.
Sri Lanka's cabinet approved issuing free tourist visas to visitors from 35 countries including China, India and Russia, a top official said on Thursday, in an effort to boost tourism and help ...