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Sri Lanka Celebrates 70th Independence Day on 4 February 2018

29 January 2018

Sri Lanka, natures treasure chest is home to one of the oldest civilizations in the world. Sri Lanka’s written history exceeds 2550 years. Its pre-history consist of planned cities, magnificent palaces, and expansive man made reservoirs, stunning temples and monasteries, green gardens, hard to believe monuments and works of art are characteristic of the rich and jubilant lives the celebrated monarchy of Sri Lanka lived. Sri Lanka is one of the most delightful destinations in the world to visit.

Sri Lanka then Ceylon was a British Colony from 1815 and gained Independence on 4th February 1948. Since then the Country has functioned with universal adult franchise election and peaceful transition of power. The President was directly elected by the people and served as the head of state and government. The term of the president is 5 years. The parliament has 225 representatives and elections take place under a proportional representation system. The term of parliament is 5 years.

Cabinet of minister comprises the president and selected members of parliament which includes the prime minister. In addition Sri Lanka also has sub national governance units, regional councils and local governance bodies.

In 2015 Sri Lanka underwent major political transition. The presidential election in January 2015 brought the coalition parties led by the then presidential candidate Maitripala Sirisena to power on a mandate governance reform and fighting corruption. His campaign resulted in the unprecedented coalition between Sri Lanka’s two leading political parties , United National Party and Sri Lanka Freedom Party to the promise of undertaking major political and economic reforms, such as right to information act have been already enacted into Law.

Sri Lanka, the pearl of the Indian Ocean, just 31 miles away from southern tip of India is a lower middle income country with per capita income of 3835 USD. Sri Lanka was the first country in South Asia to liberalize its economy in 1977. However, a 30 years conflict impeded Sri Lanka from reaping full benefit of Strategic location. Since the end of the war in 2009, Sri Lanka’s economic growth trajectory has moved upwards and thereafter stabilized. The strategic location of the country close to major sea routes makes it ideal to serve as a regional hub and gateway to the fast growing Asian region, Europe, Middle East and Africa. The development strategies largely centered on making Sri Lanka a region hub for business and trade.

Vision for the year 2025
In September 2017, HE the President presented the Government economic vision for the year 2025 of the Country. The government aims to transform Sri Lanka into a knowledge-based, highly competitive, export-oriented social-market economy that serves as the hub of the Indian Ocean, to free the country of corruption by encouraging competition, enabling transparency and to give all Sri Lankans an equal chance at prosperity.

 

 

 

 

 

High Commission of Sri Lanka in Pretoria, South Africa

 


 
 
 
 
 
 
 
 
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August 2018

 
 
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