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Increase+in+export+earnings
Sunday, 16 February 2014 - 14:21
Increase in export earnings
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Sri Lanka’s external sector strengthened further with continued inflows to the Current Account and the Financial Account of the Balance of Payments.

These inflows resulted in a significant increase in the overall balance as at end December 2013.

Earnings from exports recorded an increase, while a notable reduction in imports was witnessed during the month, considerably reducing the trade deficit.

Trade Account of the BOP Earnings from exports, which surpassed 1 billion dollars during the preceding two months continued to rise in December 2013, recording an increase of 13.2 percent in December 2013, while expenditure on imports recorded a marginal increase of 2.1percent.
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