"Sri Lankan rupee"

#12563238

18 July 2025

A man walks next to the BYD showroom in Colombo, Sri Lanka, on July 18, 2025. BYD, the Chinese electric vehicle giant, rapidly expands its presence in Sri Lanka. It opens its fifth dealership in Ampara and rolls out significant price reductions across popular models, making EVs more accessible to Sri Lankan consumers. The company also introduces its luxury brand, Denza, aiming to cater to both premium and mainstream segments. This expansion aligns with a growing interest in sustainable transportation following the recent lifting of import restrictions. Sri Lanka's economic outlook shows steady improvement. With restrictions eased earlier this year, consumer confidence begins to rebuild. The Sri Lankan rupee stabilizes, signaling healthier fiscal management, while the tourism sector experiences a revival as international arrivals rise. These developments bring renewed optimism across industries. In the education sector, a digital transformation is underway. Starting in August, the Ministry of Education rolls out a pilot initiative to digitize rural schools. Tablets are distributed and Wi-Fi networks installed, laying the groundwork for more inclusive, tech-forward learning environments. This effort marks a significant step toward bridging the urban-rural educational divide.

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#12563239

18 July 2025

A BYD showroom signboard is seen in Colombo, Sri Lanka, on July 18, 2025. BYD, the Chinese electric vehicle giant, rapidly expands its presence in Sri Lanka. It opens its fifth dealership in Ampara and rolls out significant price reductions across popular models, making EVs more accessible to Sri Lankan consumers. The company also introduces its luxury brand, Denza, aiming to cater to both premium and mainstream segments. This expansion aligns with a growing interest in sustainable transportation following the recent lifting of import restrictions. Sri Lanka's economic outlook shows steady improvement. With restrictions eased earlier this year, consumer confidence begins to rebuild. The Sri Lankan rupee stabilizes, signaling healthier fiscal management, while the tourism sector experiences a revival as international arrivals rise. These developments bring renewed optimism across industries. In the education sector, a digital transformation is underway. Starting in August, the Ministry of Education rolls out a pilot initiative to digitize rural schools. Tablets are distributed and Wi-Fi networks installed, laying the groundwork for more inclusive, tech-forward learning environments. This effort marks a significant step toward bridging the urban-rural educational divide.

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#12563240

18 July 2025

A motorist holds his bike in front of a BYD showroom in Colombo, Sri Lanka, on July 18, 2025. BYD, the Chinese electric vehicle giant, rapidly expands its presence in Sri Lanka. It opens its fifth dealership in Ampara and rolls out significant price reductions across popular models, making EVs more accessible to Sri Lankan consumers. The company also introduces its luxury brand, Denza, aiming to cater to both premium and mainstream segments. This expansion aligns with a growing interest in sustainable transportation following the recent lifting of import restrictions. Sri Lanka's economic outlook shows steady improvement. With restrictions eased earlier this year, consumer confidence begins to rebuild. The Sri Lankan rupee stabilizes, signaling healthier fiscal management, while the tourism sector experiences a revival as international arrivals rise. These developments bring renewed optimism across industries. In the education sector, a digital transformation is underway. Starting in August, the Ministry of Education rolls out a pilot initiative to digitize rural schools. Tablets are distributed and Wi-Fi networks installed, laying the groundwork for more inclusive, tech-forward learning environments. This effort marks a significant step toward bridging the urban-rural educational divide.

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#10725918

30 October 2023

Sri Lankan Government officers stage protest, they demand to reduce cost of living and increase by 20000 LKR their salaries in Colombo, Sri Lanka on October 30, 2023 The high cost of living in Sri Lanka can be attributed to several interconnected factors. The depreciation of the Sri Lankan rupee against major foreign currencies has made imports more expensive, directly affecting the prices of goods and services as many items are imported. The country's substantial external debt burden exerts immense pressure on its finances, with a significant portion of the government's budget allocated to servicing this debt, limiting the funds available for crucial social programs that could ease the cost of living for citizens. Additionally, external factors such as global economic uncertainty and the disruptive impact of the COVID-19 pandemic have further strained the country's economy and contributed to price increases. Rising energy costs, particularly for fuel and electricity, have created a cascading effect on the prices of goods and services, as transportation and manufacturing costs have surged. Reductions in government subsidies on essential items, including fuel and food, have directly translated into higher prices for consumers, exacerbating the cost of living. Moreover, the presence of income inequality means that many Sri Lankans struggle to afford basic necessities as the overall cost of living continues to rise, necessitating a multifaceted approach to address these challenges comprehensively.

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#10725920

30 October 2023

Sri Lankan Government officers stage protest, they demand to reduce cost of living and increase by 20000 LKR their salaries in Colombo, Sri Lanka on October 30, 2023 The high cost of living in Sri Lanka can be attributed to several interconnected factors. The depreciation of the Sri Lankan rupee against major foreign currencies has made imports more expensive, directly affecting the prices of goods and services as many items are imported. The country's substantial external debt burden exerts immense pressure on its finances, with a significant portion of the government's budget allocated to servicing this debt, limiting the funds available for crucial social programs that could ease the cost of living for citizens. Additionally, external factors such as global economic uncertainty and the disruptive impact of the COVID-19 pandemic have further strained the country's economy and contributed to price increases. Rising energy costs, particularly for fuel and electricity, have created a cascading effect on the prices of goods and services, as transportation and manufacturing costs have surged. Reductions in government subsidies on essential items, including fuel and food, have directly translated into higher prices for consumers, exacerbating the cost of living. Moreover, the presence of income inequality means that many Sri Lankans struggle to afford basic necessities as the overall cost of living continues to rise, necessitating a multifaceted approach to address these challenges comprehensively.

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#10725922

30 October 2023

Sri Lankan Government officers stage protest, they demand to reduce cost of living and increase by 20000 LKR their salaries in Colombo, Sri Lanka on October 30, 2023 The high cost of living in Sri Lanka can be attributed to several interconnected factors. The depreciation of the Sri Lankan rupee against major foreign currencies has made imports more expensive, directly affecting the prices of goods and services as many items are imported. The country's substantial external debt burden exerts immense pressure on its finances, with a significant portion of the government's budget allocated to servicing this debt, limiting the funds available for crucial social programs that could ease the cost of living for citizens. Additionally, external factors such as global economic uncertainty and the disruptive impact of the COVID-19 pandemic have further strained the country's economy and contributed to price increases. Rising energy costs, particularly for fuel and electricity, have created a cascading effect on the prices of goods and services, as transportation and manufacturing costs have surged. Reductions in government subsidies on essential items, including fuel and food, have directly translated into higher prices for consumers, exacerbating the cost of living. Moreover, the presence of income inequality means that many Sri Lankans struggle to afford basic necessities as the overall cost of living continues to rise, necessitating a multifaceted approach to address these challenges comprehensively.

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#10725924

30 October 2023

Sri Lankan Government officers stage protest, they demand to reduce cost of living and increase by 20000 LKR their salaries in Colombo, Sri Lanka on October 30, 2023 The high cost of living in Sri Lanka can be attributed to several interconnected factors. The depreciation of the Sri Lankan rupee against major foreign currencies has made imports more expensive, directly affecting the prices of goods and services as many items are imported. The country's substantial external debt burden exerts immense pressure on its finances, with a significant portion of the government's budget allocated to servicing this debt, limiting the funds available for crucial social programs that could ease the cost of living for citizens. Additionally, external factors such as global economic uncertainty and the disruptive impact of the COVID-19 pandemic have further strained the country's economy and contributed to price increases. Rising energy costs, particularly for fuel and electricity, have created a cascading effect on the prices of goods and services, as transportation and manufacturing costs have surged. Reductions in government subsidies on essential items, including fuel and food, have directly translated into higher prices for consumers, exacerbating the cost of living. Moreover, the presence of income inequality means that many Sri Lankans struggle to afford basic necessities as the overall cost of living continues to rise, necessitating a multifaceted approach to address these challenges comprehensively.

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#9783214

22 March 2023

A vendor deals in rupee notes on March 21, 2023, in Colombo, Sri Lanka. The Executive Board of the International Monetary Fund (IMF) has approved the Extended Fund Facility for Sri Lanka. Sri Lanka's president has said that the International Monetary Fund (IMF) has approved its request for a $2.9 billion bailout, and the country's presidency said the program will enable it to access up to $7 billion in overall funding. The IMF's board confirmed it has signed off on the loan, which clears the way for the release of funds and kicks off a four-year program designed to shore up the country's economy.

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#9746006

14 March 2023

Civil activists are gathering in Colombo, Sri Lanka, on March 14, 2023, to protest in Independent Square, demanding an end to government repression and the cessation of the use of tear gas or chemical weapons to disperse protesters. Some protesters have died as a result of tear gas attacks and an ongoing economic crisis. Last year, the Sri Lankan government was spending 27 million rupees on tear gas.

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#9746018

14 March 2023

Civil activists are gathering in Colombo, Sri Lanka, on March 14, 2023, to protest in Independent Square, demanding an end to government repression and the cessation of the use of tear gas or chemical weapons to disperse protesters. Some protesters have died as a result of tear gas attacks and an ongoing economic crisis. Last year, the Sri Lankan government spent 27 million rupees on tear gas.

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#9746046

14 March 2023

Civil activists are gathering in Colombo, Sri Lanka, on March 14, 2023, to protest in Independent Square, demanding an end to government repression and the cessation of the use of tear gas or chemical weapons to disperse protesters. Some protesters have died as a result of tear gas attacks and an ongoing economic crisis. Last year, the Sri Lankan government spent 27 million rupees on tear gas.

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#9746048

14 March 2023

Civil activists are gathering to protest in Independence Square, demanding an end to government repression and the cessation of the use of tear gas and other chemical weapons to disperse protesters. Some protesters have died following tear gas attacks, and the country is facing an ongoing economic crisis. In Colombo, Sri Lanka, on March 14, 2023, the Sri Lankan government is spending 27 million rupees on tear gas this year.

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#9241254

24 November 2022

School Children play at gallface beach near Colombo, Sri Lanka November 24, 2022 Sri Lanka's 250-member parliament approved the unprecedented defense budget with 81 votes in favor and 10 against. According to the budget paper, the government set aside 539 billion rupees for public security and military, 322 billion for health care, and 232 billion for education.

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#9241252

24 November 2022

A man sits on a rest construction area in Colombo, Sri Lanka November 24, 2022 Sri Lanka's 250-member parliament approved the unprecedented defense budget with 81 votes in favor and 10 against. According to the budget paper, the government set aside 539 billion rupees for public security and military, 322 billion for health care, and 232 billion for education.

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#9241256

24 November 2022

The street vendor waiting for their customer at the gallface in Colombo, Sri Lanka November 24, 2022 Sri Lanka's 250-member parliament approved the unprecedented defense budget with 81 votes in favor and 10 against. According to the budget paper, the government set aside 539 billion rupees for public security and military, 322 billion for health care, and 232 billion for education.

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#9241258

24 November 2022

A crow on the face of the lion at the gallface in Colombo, Sri Lanka November 24, 2022 Sri Lanka's 250-member parliament approved the unprecedented defense budget with 81 votes in favor and 10 against. According to the budget paper, the government set aside 539 billion rupees for public security and military, 322 billion for health care, and 232 billion for education.

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