Hirunews Logo
Sri+Lanka%27s+trade+deficit+contracts+43.5+percent+in+November+2013
Friday, 10 January 2014 - 10:25
Sri Lanka's trade deficit contracts 43.5 percent in November 2013
14

Shares
1,786

Views
The Central Bank said releasing the External Sector Performance review that Sri Lanka's trade deficit in November 2013 contracted significantly by 43.5 percent due to the continued Favorable developments in the external sector.

Earnings from exports increased substantially, reflecting gradual recovery in export destination countries, while expenditure on imports declined in November leading to a trade deficit of 616 million dollars.

Earnings from exports surpassed the 1 billion dollar mark for the second consecutive month in November 2013.
Make a Comment
Make a Comment

DOWNLOAD HIRUNEWS APP ON ANDROID & APPLE