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Ministry Of National Policies And Economic Affairs
The Ministry of National Policies and Economic Affairs ( Sinhala: ජාතික ප්රතිපත්ති හා ආර්ථික කටයුතු අමාත්යාංශය ''Jāthika Prathipaththi hā Ārthika Katayuthu Amathyanshaya''; Tamil: தேசிய கொள்கைகள் மற்றும் பொருளாதார அலுவல்கள் அமைச்சு) is a cabinet ministry of the Government of Sri Lanka responsible for formulation of national economic-, national development and monetary policies and strategies, and for coordinating with international agencies and mobilizing foreign resources for the country's economic development. List of ministers ;Parties See also *Banking in Sri Lanka *Economy of Sri Lanka *Ministry of Finance (Sri Lanka) *Sri Lankan Rupee The Sri Lankan Rupee ( si, රුපියල්, ta, ரூபாய்; Currency symbol, symbol: Re and Rs (plural) in English, රු in Sinhala, ௹ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Economic Development (Sri Lanka)
The Ministry of Economic Development was a former List of ministries of Sri Lanka, ministry of the Government of Sri Lanka, and was a member ministry of the cabinet of Sri Lanka. It was briefly merged with several other ministries and renamed the Ministry of Policy Planning, Economics Affairs, Child, Youth and Cultural Affairs from January 2015 onwards, before being replaced by the Ministry of National Policies and Economic Affairs in August 2015. Ministers ;Parties References External links Government of Sri Lanka {{authority control Lists of government ministers of Sri Lanka, Economic Development Government ministries of Sri Lanka, Economic Development ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President Of Sri Lanka
The President of Sri Lanka ( si, ශ්රී ලංකා ජනාධිපති ''Śrī Laṃkā Janādhipathi''; ta, இலங்கை சனாதிபதி ''Ilankai janātipati'') is the head of state and head of government of the Democratic Socialist Republic of Sri Lanka. The president is the chief executive of the union government and the Commander-in-chief#Sri Lanka, commander-in-chief of the Sri Lanka Armed Forces. Origin Under the Soulbury Commission, Soulbury Constitution which consisted of the Ceylon Independence Act, 1947 and The Ceylon (Constitution and Independence) Orders in Council 1947, Dominion of Ceylon, Ceylon (as Sri Lanka was known then) became a constitutional monarchy with a parliamentary form of government. The List of heads of state of Sri Lanka#Monarch (1948–1972), monarch of Ceylon served as the head of state, represented by the Governor-General of Ceylon, governor-general with the Prime Minister of Sri Lanka, prime minister serving ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sri Lankan Rupee
The Sri Lankan Rupee ( si, රුපියල්, ta, ரூபாய்; Currency symbol, symbol: Re and Rs (plural) in English, රු in Sinhala, ௹ in Tamil; ISO 4217, ISO code: LKR) is the currency of Sri Lanka. It is subdivided into 100 cent (currency), cents, but cents are rarely seen in circulation due to its low value. It is issued by the Central Bank of Sri Lanka. The abbreviation ''Re'' (singular) and ''Rs'' (plural) is generally used, the World Bank suggests SL Rs as a fully disambiguating abbreviation for distinction from other currencies named "rupee". History pound sterling, Sterling became Ceylon's official currency in 1825, replacing the Ceylonese rixdollar at a rate of £1Pound sterling, stg = rixdollars, and British silver coin was made legal tender. Treasury notes denominated in sterling were issued in 1827, replacing the earlier rixdollar notes. Rixdollar notes not presented for exchange were demonetized in June 1831. The Indian rupee was made ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Finance (Sri Lanka)
The Ministry of Finance, Economic Stabilization and National Policies ( si, මුදල්, ආර්ථික ස්ථායිකරණ සහ ජාතික ප්රතිපත්ති අමාත්යාංශය; ta, நிதி, பொருளாதார நிலைப்படுத்தல் மற்றும் தேசிய கொள்கைகள் அமைச்சு) (also known as the Finance Ministry or the Treasury) is a cabinet ministry of the Government of Sri Lanka responsible for developing and executing the government's public finance policy, economic policy and long term fiscal planning. The Treasury is housed at the General Treasury Building (also referred to as ''The Secretariat'') in Fort. History Although the post Treasurer of Ceylon of the British Government of Ceylon dates back to the early nineteenth century and was succeeded by the post of Financial Secretary of Ceylon under the recommendations of the Donoughmor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Sri Lanka
The free-market economy of Sri Lanka was worth $84 billion by nominal gross domestic product (GDP) in 2019 and $296.959 billion by purchasing power parity (PPP). The country had experienced an annual growth of 6.4 percent from 2003 to 2012, well above its regional peers. This growth was driven by the growth of non-tradable sectors, which the World Bank warned to be both unsustainable and unequitable. Growth has slowed since then. In 2019 with an income per capita of 13,620 PPP Dollars or 3,852 (2019) nominal US dollars, Sri Lanka was re-classified as a lower middle income nation by the World Bank from a previous upper middle income status. Sri Lanka has met the Millennium Development Goal (MDG) target of halving extreme poverty and is on track to meet most of the other MDGs, outperforming other South Asian countries. Sri Lanka's poverty headcount index was 4.1% by 2016. Since the end of the three-decade-long Sri Lankan Civil War, Sri Lanka has begun focusing on long-term strategi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking In Sri Lanka
The banking sector in Sri Lanka is monitored by the Bank Supervision Department of the Central Bank of Sri Lanka under the Banking Act, Monetary Law Act and the Exchange Control Act. Three types of financial institutions are permitted under Banking Act and the Finance Companies Act to operate in Sri Lanka by the Central Bank of Sri Lanka. They are # Licensed Commercial Banks # Registered Finance Companies # Licensed Specialized Banks These institutions can accept deposits from the public. The number of licensed specialized banks reduced from 14 to 9 and the number of registered financial institutions increased from 31 to 36 during the period of 2007 to 2010. The current list of banks in Sri Lanka is published by Central Bank of Sri Lanka periodically. History The Thonigala Rock Inscription located in the modern day Vavuniya District, dated in the third year of King Kithsirimevan (also known as Kirthi Sri Meghavarna) who reigned in the 4th century A.D., records that a certain minist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First Sirisena Cabinet
The first Sirisena cabinet was a Cabinet of Sri Lanka, central government of Sri Lanka led by President of Sri Lanka, President Maithripala Sirisena. It was formed in January 2015 after the 2015 Sri Lankan presidential election, presidential election and ended in August 2015 following the 2015 Sri Lankan parliamentary election, parliamentary election. Cabinet members Ministers appointed under article 43(1) of the Constitution of Sri Lanka, constitution. State ministers Ministers appointed under article 44(1) of the constitution. Deputy ministers Ministers appointed under article 45(1) of the constitution. ✝ Died while in office. Notes References {{DEFAULTSORT:Sirisena cabinet 1 2015 establishments in Sri Lanka 2015 disestablishments in Sri Lanka Cabinets established in 2015 Cabinets disestablished in 2015 Cabinet of Sri Lanka Maithripala Sirisena ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prime Minister Of The Democratic Socialist Republic Of Sri Lanka, Mr
A prime number (or a prime) is a natural number greater than 1 that is not a product of two smaller natural numbers. A natural number greater than 1 that is not prime is called a composite number. For example, 5 is prime because the only ways of writing it as a product, or , involve 5 itself. However, 4 is composite because it is a product (2 × 2) in which both numbers are smaller than 4. Primes are central in number theory because of the fundamental theorem of arithmetic: every natural number greater than 1 is either a prime itself or can be factorized as a product of primes that is unique up to their order. The property of being prime is called primality. A simple but slow method of checking the primality of a given number n, called trial division, tests whether n is a multiple of any integer between 2 and \sqrt. Faster algorithms include the Miller–Rabin primality test, which is fast but has a small chance of error, and the AKS primality test, which always pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United National Party
The United National Party, often abbreviated as UNP ( si, එක්සත් ජාතික පක්ෂය, translit=Eksath Jāthika Pakshaya, ta, ஐக்கிய தேசியக் கட்சி, translit=Aikkiya Tēciyak Kaṭci), is a centre-right political party in Sri Lanka. The UNP has served as the country's ruling party, or as part of its governing coalition, for 38 of the country's 74 years of independence, including the periods 19471956, 19651970, 19771994, 20012004 and 20152019. The party also controlled the executive presidency from its formation in 1978 until 1994. The UNP has been led by President Ranil Wickremesinghe since 1994. As of September 2021, the UNP is a member of the International Democrat Union. History Formation (1946–1952) The UNP was founded by Don Stephen Senanayake in 1946 by amalgamating three right-leaning, pro-dominion parties from the majority Sinhalese community and minority Tamil and Muslim communities. Senanayake had earlier ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sri Lanka Freedom Party
The Sri Lanka Freedom Party ( si, ශ්රී ලංකා නිදහස් පක්ෂය, translit=Śrī Laṁkā Nidahas Pakṣaya; ta, இலங்கை சுதந்திரக் கட்சி, translit=Ilaṅkai Cutantirak Kaṭci) is one of the major and most well known political parties in Sri Lanka. It was founded by S.W.R.D Bandaranaike in 1951 and, since then, has been one of the two largest parties in the Sri Lankan political arena. It first came to power in 1956 and since then has been the predominant party in government on a number of occasions. The party is generally considered as having a democratic socialist or progressive economic agenda and is often associated with nationalist Sinhalese parties. The party follows a Non-Aligned foreign policy but always had close ties to socialist nations. The Sri Lanka Freedom Party is a Second Main constituent party in the Sri Lanka People's Freedom Alliance. History After independence, the SLFP represented ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ranil Wickremesinghe
Ranil Wickremesinghe ( si, රනිල් වික්රමසිංහ, ta, ரணில் விக்கிரமசிங்க; born 24 March 1949) is a Sri Lankan politician who is the current president of Sri Lanka since 21 July 2022. He also holds the position of Minister of Finance of Sri Lanka. He has been the leader of the United National Party since 1994. He served as Prime Minister of Sri Lanka in five separate stints, leading six governments, from 1993 to 1994, 2001 to 2004, 2015 to 2018, 2018 to 2019, and in 2022. He also served as Leader of the Opposition from 1994 to 2001 and from 2004 to 2015. Born to a wealthy political family, he graduated from University of Ceylon and qualified as an advocate from the Ceylon Law College in 1972. Entering active politics in the mid-1970s with the UNP, he was first elected to Parliament from the Biyagama electorate in the 1977 parliamentary elections and was appointed Deputy Minister of Foreign Affairs, by his uncle ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prime Minister Of Sri Lanka
The Prime Minister of the Democratic Socialist Republic of Sri Lanka is the head and most senior member of parliament in the cabinet of ministers. It is the second-most powerful position in Sri Lanka's executive branch behind the president, who is the constitutional chief executive. The Cabinet is collectively held accountable to parliament for their policies and actions. Dinesh Gunawardena has been prime minister since 22 July, after Ranil Wickremesinghe was sworn in as the President. Appointment The president will appoint a member of parliament as prime minister, who in the president's opinion, "is most likely to command the confidence of Parliament". The prime minister holds office throughout the period during which the cabinet of ministers continues to function under the provisions of the constitution unless the prime minister resigns from the post or ceases to be a member of parliament. Powers and role Under the Soulbury Constitution the post of Prime Minister was create ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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