Sri Lanka tried to tighten the monetary policy from 2007 to face the recession but the sterilization in outflow of the Central bank high interest rates helped to decrease in the inflation and contributed to loosen the monetary policy. Loosening the fiscal policy can increase the credit demand of private sector and can invest on credits, saying that having an exit policy to government will.
Sri Lanka, island country lying in the Indian Ocean and separated from peninsular India by the Palk Strait. Proximity to the Indian subcontinent has facilitated close cultural interaction between Sri Lanka and India from ancient times. Sri Lanka gained independence from Britain in 1948.
The geographic location of Sri Lanka is also an additional advantage to the country to promote tourism industry as a differentiated product among various visitors across the globe. Sri Lanka is a country which has enough natural resources to attract travelers and those recourses are inherited as blessing of the Mother Nature. Virgin beaches, wonderful mountains, natural and non-polluted air at.Sri Lanka having a history as long as many ancient civilizations, positioning in the crossroad of the East and the West, and being a multicultural society, celebrates a wide variety of festivals, ceremonies and events. Every year on or about April 13 Sinhalese and Tamil people celebrate Sinhalese and Tamil New Year Festival, Christians celebrate Easter and Christmas.Sri Lanka's history dates back to more than 2500 years. These ancient cities and their glorious remains that are temples, fortresses, statues and irigation feats still have the ability to make people gaze at them with reverence. Ancient sites are considered to be archeological gold mines because they are evidence to a very rich civilization. Most of the places are declared as World Heritage.
Sri Lanka Tourism, therefore, does not endorse or accept any responsibility for the use of websites which are owned or operated by third parties and makes no representation or warranty in relation to the standard, class or fitness for purpose of any services, nor does it endorse or in any respect warrant any products or services by virtue of any information, material or content linked from or.Read More
Sri Lanka used to be called Ceylon which is a transliteration of Ceilao, the name of the country under the island’s first colonial rulers, Portugal. It changed its name to Sri Lanka when it became a republic in 1972. (Source: Telegraph) 3. Sri Lanka has one of the world’s least powerful passports. Its citizens can visit only 47 destinations visa free or by acquiring a visa on arrival.Read More
Pauline Schokman, author of “A Different Kind of Madness“ Travelling Home to Sri Lanka. For many more books set in SRI LANKA, just access the TripFiction database and drill down further by specific location and genre. Share. Subscribe to future blog posts. Latest Blogs. Thriller set along the route of the Thames River Bus, LONDON. Thriller set along the route of the Thames River Bus.Read More
Sri Lanka has two large monsoon seasons, each lasting about three months. The rest of year remains dry and hot, except for a few short heat induced thunderstorms at night. Nelum Pokuna. Sri Lanka has history in theatrical productions for over 2500 years. Centuries ago, theatrical arts were patronized by those of royal lineage and good artistes were rewarded generously. However after the fall.Read More
It is thought that the Pilgrims from India and northern Sri Lanka disembarking at Weligama were greeted by this bodhisattva figure as they set out on the long trek to Sri Pada. The summit of the mountain is a small plateau, and according to measurements made by Lieut. Malcolm (the first European to ascend the mountain in 1816),” it is 74 ft. in length and 24 ft. in breadth” the total area.Read More
Throughout history Sri Lanka has moved its capital, usually to avoid invaders from India and Europe. About 1,000 years ago it was Polonnaruwa’s turn. It’s an amazing site to wander and imagine either at the height of its olden times power or as a lush tropical vine-covered ruin discovered by early colonialists. In the time since old King Vijayabahu I declared Polonnaruwa to be the capital.Read More
Sri Lanka is an island nation located in the Indian Ocean, just off the southeastern coast of India. Despite its modest size—slightly larger than the state of West Virginia—Sri Lanka has a population of about 20 million people, almost equal to the population of Texas. The island is rich in natural resources, and has a diverse economy based on agriculture, mining, fishing, manufacturing.Read More
How is the location. It’s centralized. Yes, that’s one of the main reasons why lots of tourists add Ella into their traveling bucket list. On your visit to Sri Lanka, you will first come to Bandaranaike International Airport, Colombo. From there you will either travel to South or North. If you choose North - Anuradhapura, Polonnaruwa, Sigiriya, Dambulla, Kandy, Nuwara Eliya respectively.Read More
Location of Sinharaja Rain Forest in Sri Lanka. Sinharaja Rain Forest (a UNESCO World Heritage Site), the last viable remnant of Sri Lanka’s tropical lowland rainforest spanning an area of 18900 acres is located within Sabaragamuwa and Southern provinces of the south-west lowland wet zone of Sri Lanka. Sinharaja is bounded by rivers on three.Read More
Location of Sri Lanka in the world map. Sri Lanka’s First trade Agreement In 1952 Sri Lanka entered into a Rubber-Rice barter agreement with China. Under this agreement 01 ton of Sri Lankan Rubber has exchanged to 06 tons of Chinese Rice Traditional Sri Lankan Export commodities. Sri Lanka’s traditional Exports were Tea, Rubber and Coconut products and after 1977 the Apparel industry too.Read More