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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]
The convoy was later removed from the site after the Bar Association of Sri Lanka (BASL) intervened. [200] The BASL also requested that the government refrain from oppressing protesters and urged them to respect the legitimate exercise of the freedom of dissent of the people. [201] On 17 April 2022, the protests continued for the ninth ...
The International Monetary Fund executive board approved the release of the second tranche of a $2.9 billion dollar bailout package to help Sri Lanka recover from the worst economic crisis in its ...
The first products under the Lava brand were the KKT 1, KKT 11, and KKT12 in 2009. [8] The first phones with the Indian Rupee symbol as well as the alpha-keyboard (ABC keyboard layout), Lava B2 and B5, were launched on July 19, 2010. [9] The first partnership product, Lava A16 under license from MTV India, was launched on December 22, 2011. [10]
Sri Lanka had an internet user base of about 6 million as of July 2016, about 28.2% of the population. [1] Despite being a developing country, the E-commerce industry has been receiving funding over the span of 10 years. [2] Market conditions in Sri Lanka are similar to those in India, as cash on delivery is the most preferred payment method ...
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 crisis in the country .