what kind of economy does sri lanka have
Economy of Sri Lanka According to government policies and economic reforms stated by Prime Minister and Minister of National Policy and economic affairs Ranil Wickremesinghe, Sri Lanka plans to create a knowledge-based social market economy and an export-oriented economy as well as the Western Region Megapolis a Megapolis in the western province to promote economic growth. The creation of several business and technology development areas island-wide specialised in various sectors, as well as tourism zones are also being planned.[24][25][26][27]
Dominion of Ceylon Between 1948 and 1972, Ceylon[1][2] was an independent country in the Commonwealth of Nations that shared a monarch with Australia, Canada, New Zealand and the United Kingdom, and certain other sovereign states. In 1948, the British Colony of Ceylon was granted independence as Ceylon. In 1972, the country became a republic within the Commonwealth, and its name was changed to Sri Lanka. It was an island country in South Asia, located about 31 kilometres (19.3Â mi) off the southern coast of India.