Political pressure groups and leaders:
Buddhist clergy; labor unions; Liberation Tigers of Tamil Eelam or
LTTE [Velupillai PRABHAKARAN](insurgent group fighting for a
separate state); radical chauvinist Sinhalese groups such as the
National Movement Against Terrorism; Sinhalese Buddhist lay groups
International organization participation:
AsDB, C, CP, FAO, G-15, G-24, G-77, IAEA, IBRD, ICAO, ICC, ICFTU,
ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM,
ISO, ITU, MIGA, MINURSO, MINUSTAH, MONUC, NAM, OAS (observer), ONUB,
OPCW, PCA, SAARC, SACEP, UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WCO,
WFTU, WHO, WIPO, WMO, WToO, WTO
Diplomatic representation in the US: chief of mission: Ambassador Bernard GOONETILLEKE chancery: 2148 Wyoming Avenue NW, Washington, DC 20008 telephone: [1] (202) 483-4025 (through 4028) FAX: [1] (202) 232-7181 consulate(s) general: Los Angeles consulate(s): New York
Diplomatic representation from the US:
chief of mission: Ambassador Jeffrey J. LUNSTEAD
embassy: 210 Galle Road, Colombo 3
mailing address: P. O. Box 106, Colombo
telephone: [94] (11) 244-8007
FAX: [94] (11) 243-7345
Flag description:
yellow with two panels; the smaller hoist-side panel has two equal
vertical bands of green (hoist side) and orange; the other panel is
a large dark red rectangle with a yellow lion holding a sword, and
there is a yellow bo leaf in each corner; the yellow field appears
as a border around the entire flag and extends between the two panels
Economy Sri Lanka
Economy - overview:
In 1977, Colombo abandoned statist economic policies and its import
substitution trade policy for market-oriented policies and
export-oriented trade. Sri Lanka's most dynamic sectors now are food
processing, textiles and apparel, food and beverages,
telecommunications, and insurance and banking. In 2003, plantation
crops made up only 15% of exports (compared with 93% in 1970), while
textiles and garments accounted for 63%. GDP grew at an average
annual rate of 5.5% in the early 1990s until a drought and a
deteriorating security situation lowered growth to 3.8% in 1996. The
economy rebounded in 1997-2000 with average growth of 5.3%, but 2001
saw the first contraction in the country's history, -1.4%, due to a
combination of power shortages, severe budgetary problems, the
global slowdown, and continuing civil strife. Growth recovered to
4.0% in 2002 and to 5.2% in both 2003 and 2004. About 800,000 Sri
Lankans work abroad, 90% in the Middle East. They send home about $1
billion a year. The struggle by the Tamil Tigers of the north and
east for a largely independent homeland continues to cast a shadow
over the economy. In late December 2004, a major tsunami took about
31,000 lives, left more than 6,300 missing and 443,000 displaced,
and destroyed an estimated $1.5 billion worth of property.
GDP (purchasing power parity):
$80.58 billion (2004 est.)
GDP - real growth rate:
5.2% (2004 est.)
GDP - per capita:
purchasing power parity - $4,000 (2004 est.)