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Sri Lanka 2018-07-18T18:33:09+00:00

Project Description

Sri Lanka Appeal

Sri Lanka is a lower middle-income country of 21.4 million people with per capita GDP in 2017 of $4,065. Since the civil war ended in 2009, the economy has grown on average at a rate of 5.8 percent a year, reflecting a peace dividend and a commitment to reconstruction and growth, but there have been signs of a slowdown in the last three years. The economy is transitioning from a predominantly rural-based economy towards a more urbanized economy oriented around manufacturing and services.
The country has made significant progress in its socio-economic and human development indicators. Social indicators rank among the highest in South Asia and compare favourably with those in middle-income countries. Economic growth has translated into shared prosperity with the national poverty headcount ratio declining from 15.3 percent in 2006/07 to 4.1 percent in 2016. Extreme poverty is rare and concentrated in some geographical pockets; however, a relatively large share of the population subsists on slightly more than the extreme poverty line. The country has comfortably surpassed most of the MDG targets set for 2015 and was ranked 73rd in the Human Development Index in 2015.
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The economy’s weak competitiveness is an issue to address. Restrictive trade policies over the past decade have created a strong anti-export bias, which has been reflected in a dramatic decline in trade. While growth in Sri Lanka has been strong over the past few years, it has been inward-oriented and based on the growth of non-trade-able sectors. Sri Lanka also attracts a much lower volume of FDI than peer economies and the shortcomings of the investment climate pose obstacles for new firms.

Moreover, significantly high state participation in the economy has implications on competitiveness in a number of sectors and labour market dynamics. Low revenues as a share of GDP has been a structural issue that adversely impacts fiscal position. The major causes are the low number of number of tax payers (less than 7 percent of the labour force and formal establishments pay income tax), reductions in statutory rates without commensurate efforts to expand the tax base, inefficiencies in administration and numerous exemptions. Low revenues combined with largely non-discretionary expenditure in salary bill, transfers, and interest payments has constrained critical development spending and squeezed expenditure on health, education and social protection, which is low compared to peers.

Medical Relief International Projects since 2015

 

Water Projects:

Water & Sanitation To Help Combat Disease

Duel Water Tube Wells For Clean Drinking Water

Water Tap Connections For Families In Rural Mountainous Regions

Infrastructure Housing:

Construction of Semi-Permanent Houses

Construction of Permanent Latrines

Seasonal Projects:

Ramadan Food Packs For Orphan, Widow and Poor Families

Iftaar Food Distribution Through Local Organisations & Centres

Qurbani Box Donations To Families During Eid Al Adha

Livelihoods & Self Sustainable Projects:

Canoe Boats Built  And Donated To Fishermen To Help Create And Boost The Local Economy

Educational Support:
School Books, Stationery And Uniforms Donated To Local School Children

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