Economic liberalization and the 1977 UNP reforms (1977-1994)

1. UNP wins landslide mandate for policy shift

   Jul 21, 1977Labels: United National, 1977 Election

   • Election 1977
   • 8th Parliament

2. Exchange rate unified and sharply devalued

   Nov 15, 1977Labels: Exchange Rate

   • Ananda OBA
   • FAO Sri Lanka

3. Rice rationing restricted to lower-income households

   Feb 1, 1978Labels: Rice Rationing, Targeted Subsidy

   • Oxford Hunger
   • FAO Sri Lanka

4. Executive presidency takes effect under constitutional changes

   Feb 4, 1978Labels: 1978 Constitution, Executive Presidency

   • J R Jayewardene
   • Constitution SL

5. Greater Colombo Economic Commission established

   Mar 9, 1978Labels: Greater Colombo, Investment Promotion

   • LawNet GCEC
   • BOI Sri Lanka

6. Katunayake Export Processing Zone established

   Jun 1, 1978Labels: Katunayake EPZ, Export Processing

   • BOI Katunayake
   • Katunayake

7. 1978 Constitution comes into operation

   Sep 7, 1978Labels: 1978 Constitution

   • Constitution SL
   • Commonwealth Gov

8. Mahaweli Authority established for accelerated development

   Jan 1, 1979Labels: Mahaweli Authority, Accelerated Mahaweli

   • Mahaweli Programme
   • FAO Sri Lanka

9. Food Stamp Scheme replaces wartime-era ration system

   Sep 1, 1979Labels: Food Stamp, Rationing Reform

   • Oxford Hunger
   • FAO Sri Lanka

10. Third Amendment enables early presidential election timing

    Aug 27, 1982Labels: Third Amendment, Presidential Timing

    • Election 1982
    • J R Jayewardene

11. Indo–Sri Lanka Accord signed amid civil war

    Jul 29, 1987Labels: Indo Sri, India Sri

    • Indo Lanka Accord

12. Janasaviya program launched to reduce poverty

    Jan 1, 1989Labels: Janasaviya Program, Poverty Program

    • Janasaviya
    • Marasinghe 1993

13. Board of Investment created to expand investment promotion

    Jan 1, 1992Labels: Board of, Investment Promotion

    • BOI Sri Lanka
    • LawNet GCEC

14. People’s Alliance wins election, ending UNP era

    Aug 16, 1994Labels: People s, 1994 Election

    • UPI 1994
    • PA Alliance