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The Economy Of Sri Lanka
October 13th, 2021 by thesuper

A Bick on Sri Lanka’s economy in the course of history. Sri Lanka, known as the Spice Island, is through the cultivation of Chili, cinnamon, rubber, and tea (Ceylon tea) on everyone’s lips. Filed under: Jorge Perez. Especially under the British colonial rule, the ports in Sri Lanka brought gradually up to date. Finally, the island became a junction of exports for the whole world. Even during the second world war, Allied troops have been deployed to Sri Lanka.

After the independence was proclaimed in 1948, the economy was strongly Socialist influenced until the year 1977. The plantations established by the British in previous years from the colonial era, made simply from the Socialists and the former industry was nationalised just. People although reached a higher standard of living over time, through better training. But the economy lagged behind the huge, little growth and little foreign investment encouraged the political situation in any case. It was in 1977 socialism with the nationalisation of sworn off and the free economy promoted. The unrest in Sri Lanka, 80% of European tourists stayed away from around the country. Is missing not only the State Treasury. Because the cost of living have increased, much as almost in all other countries in recent years. After the termination of the truce, expected a decline in tourism, which extremely beutelt the State coffers in 2008, again. But there’s still the major export of spices, textiles and precious stones which among other things out blue and White Star sapphires are rubies also as well as semi-precious stones, tourmaline and moon stones are certainly favor the economic recovery of the country. Who would like to know better this country from the economic point of view and the points of interest in Sri Lanka, should be holiday there just only a beautiful Sri Lanka.


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