Sri Lanka, Oct. 1 -- According to the 2025 Investment Climate Statement on Sri Lanka released by the U.S. State Department, while high-level political bribery solicitation has reportedly declined under President Anura Kumara Dissanayake's administration, institutional corruption persists, particularly in sectors protected by entrenched vested interests.
The report notes that Sri Lanka, a lower middle-income country with a population of about 22 million, continues to recover from its 2022 economic crisis. While the country achieved 5 percent GDP growth in 2024, exceeding expectations, the investment climate remains challenging. The sweeping electoral victories of President Dissanayake and the National People's Power (NPP) parliamentary co...
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