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Tuesday, March 26, 2013

Sri Lankan Economy


With an economy worth $56 billion (2011 IMF estimate) ($140 billion PPP estimate),[1] and a per capita GDP of about $7000 (PPP), Sri Lanka has mostly had strong growth rates in recent years. In GDP per capita terms, it is ahead of other countries in the South Asian region.

The main economic sectors of the country are tourism, tea export, apparel, textile, rice production and other agricultural products. In addition to these economic sectors, overseas employment contributes highly in foreign exchange, 90% of expatriate Sri Lankans reside in the Middle East.

Since becoming independent from Britain in February 1948, the economy of the country has been affected by natural disasters such as the 2004 Indian Ocean earthquake and a number of insurrections, such as the 1971, the 1987-89 and the 1983-2009 civil war. The parties which ruled the country after 1948 did not implement any national plan or policy on the economy, veering between left and right wing economic practices. The government during 1970-77 period applied pro-left economic policies and practices. Between 1977 and 1994 the country came under UNP rule and between 1994 and 2004 under SLFP rule. Both of these parties applied pro-right policies. In 2001, Sri Lanka faced bankruptcy, with debt reaching 101% of GDP. The impending currency crisis was averted after the country reached a hasty ceasefire agreement with the LTTE and brokered substantial foreign loans. After 2004 the UPFA government has concentrated on mass production of goods for domestic consumption such as rice, grain and other agricultural products.

Thursday, March 21, 2013

The suites locations could be classified on the basis of Sri Lankas inland provinces as follows.







Western (Introduce Sectors)

Sabaragamuwa

 North Western

 North Eastern

North Central

Northern Province

 Southern Province

 Uva

Central



Sri Lankan Map


Saturday, March 2, 2013

About Flag



The Sri Lanka flag was officially adopted on December 17, 1978.dot Prior to 1815, the gold lion was originally the national flag of Ceylon; its four pipul leaves are Buddhist symbols and the sword is said to represent authority. On this modern version, the green represents Muslims, while the orange represents Hindus.