COVID 19 Outbreak Impact on Sri Lanka and Recommendations 4 6 10 6 00 2 30 2 30 2 30 1 20 2 20 4 50 2 00 1 30 1 00 0 40 US China Euro Area Sri Lanka PwC View If the pandemic is contained by mid 2020 the economic recovery could begin towards the latter part of the year We expect real GDP growth to be less than 2 this year
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Any private company with minority foreign ownership can buy or lease property in Sri Lanka Also public companies with over 50 foreign ownership is now permitted to buy immovable property Under the current law a foreigner can get in to the property market using the following options a By leasing the property b By inheriting
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Pottery In Sri Lanka The earliest potter in Sri Lanka stood at his wheel as far back as 500 BC and his mind was filled with artistic traditions inspired by the surroundings In his hand was one of the world s richest clays the raw material that has since helped Sri Lanka make a name for itself in the ceramics and porcelain industry world wide
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