Sri Lanka economy

Sri Lanka trade deficit contained: Central Bank of Sri Lanka

Earnings from remittances from Sri Lankan expat workers recorded a 4.2 percent growth.

May 02, 2013, 15:53 PM IST

Sri Lanka economy resilient, stable: Fitch

Sri Lanka's economy, which is expected to grow at 6.5 percent this year, has sustained its resilient growth performance and stable economic outlook in 2012, Fitch Ratings said.

Apr 30, 2013, 17:16 PM IST

Sri Lanka's trade deficit narrows by over 4% in 2012

The country's balance of trade stood at USD 9.31 billion for 2012 compared to USD 9.71 billion in 2011-end.

Feb 11, 2013, 16:03 PM IST

Sri Lanka targets high growth, low inflation in 2013

Sri Lanka aims to achieve high growth with lower inflation during 2013, the report on the ‘Economic Road Map 2013’ unveiled on Wednesday said.

Jan 02, 2013, 17:56 PM IST

Curb current account deficit: IMF to Sri Lanka

IMF Thursday said Sri Lanka should take steps to contain its current account deficit by promoting a softer exchange rate and making exports more competitive.

Dec 06, 2012, 21:40 PM IST

Sri Lanka targets reduced deficit, low inflation

Sri Lanka government has said it has prioritised its economic policies to achieve a lower deficit and moderate inflation.

Nov 26, 2012, 12:58 PM IST

Sri Lanka's trade deficit narrows for first time since Dec 2009

Sri Lanka's trade deficit has come down by 0.3 percent in the first nine months of 2012, the first time since December, 2009, its Central Bank said Monday.

Nov 05, 2012, 19:23 PM IST

Sri Lankan trade deficit declines to 17 month low

Sri Lankan Central Bank's decision to raise import taxes on non essential items has helped in bringing about a drastic drop in trade deficit of the Island nation.

Sep 12, 2012, 13:57 PM IST

Sri Lanka keeps policy rates unchanged

Sri Lanka is also seeking a fresh facility from IMF to finance the development drive amid criticism from the opposition that the government has put the country in a heavy debt trap.

Aug 07, 2012, 12:28 PM IST

Sri Lanka's trade deficit widens in May

Sri Lanka's trade deficit has increased moderately by over 2 percent in May (year-on-year), the central bank of the island nation said on Wednesday.

Jul 25, 2012, 13:35 PM IST

Sri Lanka to raise $1 bn from sovereign bond issue

Sri Lanka is to raise USD 1 billion from international markets through a 10-year sovereign bond issue, government sources said here Thursday.

Jul 21, 2011, 13:23 PM IST