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The mixed economy of Sri Lanka was worth $84 billion by nominal gross domestic product (GDP) in 2019 [ 32] and $296.959 billion by purchasing power parity (PPP). [ 33] The country had experienced an annual growth of 6.4 percent from 2003 to 2012, well above its regional peers.
Sri Lanka Railways began partnering with ExpoRail and Rajadhani Express in 2011 for premium service on major routes. [ 13 ] [ 14 ] Its northern line , affected by almost three decades of war, is being rebuilt; in 2015, it was restored to Jaffna and Kankesanthurai at pre-war levels The maximum speed on this line is currently 120 km/h(74 mph). [ 15 ]
4,086 MW. Production (2017) 14,671 GWh. The electricity sector in Sri Lanka has a national grid which is primarily powered by hydroelectric power and thermal power, with sources such as photovoltaics and wind power in early stages of deployment. Although potential sites are being identified, other power sources such as geothermal, nuclear ...
The Sri Lanka Air Force museum is the only national museum dedicated entirely to aviation and the history of the Sri Lanka Air Force. The museum was first established in 1993 as the Aircraft Preservation and Storage Unit at SLAF Ratmalana and was reopened on 5 November 2009 after refurbishment.
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 ...
Sri Lanka ’s gem industry has a very long and colorful history. Sri Lanka was affectionately known as Ratna-Dweepa which means Gem Island. The name is a reflection of its natural wealth. Marco Polo wrote that the island had the best sapphires, topazes, amethysts, and other gems in the world. [ 1] Ptolemy, the 2nd century astronomer recorded ...
Sri Lanka is an island nation located in the Indian Ocean. 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 ...
Telecommunications in Sri Lanka commenced in 1858 after the first telegraphic circuit between Colombo and Galle was commenced. The sector continues to grow in the modern times. The sector continues to grow in the modern times.
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