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Sri Lanka trade deficit contained: Central Bank of Sri Lanka

Last Updated: Thursday, May 02, 2013, 15:53

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

Sri Lanka economy resilient, stable: Fitch

Last Updated: Tuesday, April 30, 2013, 17:16

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.

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

Last Updated: Monday, February 11, 2013, 16:03

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

Sri Lanka targets high growth, low inflation in 2013

Last Updated: Wednesday, January 02, 2013, 17:56

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

Curb current account deficit: IMF to Sri Lanka

Last Updated: Thursday, December 06, 2012, 21:40

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.

Sri Lanka targets reduced deficit, low inflation

Last Updated: Monday, November 26, 2012, 12:58

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

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

Last Updated: Monday, November 05, 2012, 19:23

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.

Sri Lankan trade deficit declines to 17 month low

Last Updated: Wednesday, September 12, 2012, 13:57

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.

Sri Lanka keeps policy rates unchanged

Last Updated: Tuesday, August 07, 2012, 12:28

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.

Sri Lanka's trade deficit widens in May

Last Updated: Wednesday, July 25, 2012, 13:35

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.

Sri Lankan economy poised to grow by 8.5% this year

Last Updated: Tuesday, September 27, 2011, 16:03

Sri Lanka’s USD 50 billion economy grew by 8 percent in the first half of this year with growth estimated to touch 8.5 percent for the whole of 2011.

Sri Lanka to raise $1 bn from sovereign bond issue

Last Updated: Thursday, July 21, 2011, 13:23

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