Sri Lanka

1. Consistent with the agreed methodology this first annual peer review covers: (i) the domestic legal and administrative framework, (ii) certain aspects of the exchange of information framework as well as (iii) certain aspects of the confidentiality and appropriate use of CbC reports. Sri Lanka does not yet have a complete legal and administrative framework in place to implement CbC Reporting and indicates that it will not apply CbC requirements for the 2019/2020 fiscal year.The Fiscal Year is the period of 12 months commencing from 1 April and ending on 31 March of the following year. It is recommended that Sri Lanka finalise the domestic legal and administrative framework to impose and enforce CbC requirements as soon as possible, taking into account its particular domestic legislative process.

Employees in the formal private sector are covered by defined-contribution plans: employee private fund, which is used in the model, employee trust fund or approved private sector provident fund. Civil servants were formally covered by public sector pension scheme, but since 2003 they contribute to defined-benefit type social security scheme called contributory pension scheme.

Employees in the formal private sector are covered by defined contribution plans: employee private fund, which is used in the model, employee trust fund or approved private sector provident fund. Civil servants were formally covered by public sector pension scheme, but since 2003 they contribute to defined benefit type social security scheme called contributory pension scheme.

Sri Lanka ratified the UNCAC in March 2004 and is a founding member of the APG since 1997. The Sri Lankan legal system is based on English common law. Its criminal bribery offences have not been externally reviewed.

Métagora A Apporté Un Soutien Scientifique Et Technique Au Projet De La Asia Foundation Intitulé Cartographie Des Violences Politiques Et Ethniques Au Sri Lanka (Voir Encadré Ci-Dessous). Ce Projet Visait Àmettre En Oeuvre Des Approches Quantitatives Et Des Méthodes Et Outils Statistiques Afin De Tirer Un Meilleur Parti De La Documentation, Des Analyses, Des Rapports Et De L’Action Des Organisations De La...

Despite being subject to patriarchal values and social norms, Sri Lanka has achieved a great degree of gender equality. In the 1940s, the country established equal and free access to health and education services, an important factor in achieving gender equality in primary and secondary education. Today, women comprise the majority of university students, although they continue to face gender barriers in the labour market and in the political arena.

This case study analyses the effect that the end of the Multi-Fibre Agreement (MFA) has had on innovation in the Sri Lankan textile and clothing sector. The ending of the quota system under the MFA led to an increase in the US and EU markets which has motivated a large number of innovations in the Sri Lankan textile and clothing sector. Some large companies have become a total services provider, while others are trying to establish their own brands. Product innovations with foreign partners, process innovations such as introduction of CAD/CAM, and various marketing and organisational innovations have been implemented. Keywords: innovation, textiles and clothing, garment, Sri Lanka, Multi-Fibre Agreement, MFA, competition , CSR, Corporate Social Responsibility, marketing, brands, fair-trade, outsourcing, FDI, joint-ventures 

The Metagora project provided scientific and technical support toThe Asia Foundation’s project on Mapping Political and Ethnic Violence in Sri Lanka (see box below). This project focuses on the use of quantitative approaches and statistical tools and methods for empowering the documentation, analysis, reporting and advocacy work of non-governmental organisations committed to defending and promoting human rights. This project has enabled Sri Lankan human rights defenders to examine the patterns and magnitude of past and current violations. In light of Metagora’s objectives, this innovative approach has provided concrete answers to the following questions:

Banks face risks in a variety of situations. The most serious risk is that of the customer-borrower going out of business. A more frequent risk for bankers is default by borrowers. That risk ranges from what is compendiously described as the Third World Debt Crisis, home mortgage and credit card default.

Economically, Sri Lanka is growing but remains in the bottom quarter of WEI countries in terms of GDP per capita – PPP$ 3 426 in 2002. Between 1996 and 2002, per capita income grew by 2.5 per cent. However, during the same period, poverty reduction was modest, with the share of the population living in poverty falling from 28.8 to 22.7 per cent.