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Local electionshave not been held in Sri Lankasince 2018. Elections were originally scheduled to be held in 2022, but were postponed to 2023 due to the worsening economic crisisand instability in the country, before being postponed again several times by the government of PresidentRanil Wickremesinghe. [1][2][3][4][5]Currently, there is no ...
The Socialist Equality Party is a Trotskyist political party in Sri Lanka. It was founded in 1968 as the Revolutionary Communist League by former student members of the Lanka Sama Samaja Party (Revolutionary) who joined the International Committee of the Fourth International. They remained loyal to Gerry Healy until the majority of the ...
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 ...
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 ...
In 2015, following the parliamentary election, the two major parties of Sri Lanka (the United National Party and Sri Lanka Freedom Party) signed a memorandum of understanding to form a national unity government, in an attempt to address and rectify major unresolved issues following the end of the country's 26-year long ethnic conflict.
The history of Sri Lanka is unique because its relevance and richness extend beyond the areas of South Asia, Southeast Asia and the Indian Ocean. The early human remains which were found on the island of Sri Lanka date back to about 38,000 years ago ( Balangoda Man ). The historical period roughly begins in the 3rd century BCE, based on Pali ...