SL June trade deficit US $850mn

29 Aug 2011 - {{hitsCtrl.values.hits}}

Sri Lanka’s exports during the month of June rose 32 percent to US $.620 million while the expenditure on imports also increased 50 percent to US $1.6 billion, resulting in a trade deficit of US $850 million over the same period of the previous year.

The data released by the Central Bank also showed that despite a 35 percent growth in export income, Sri Lanka’s trade deficit has expanded to US $ 4250 million for the first half of the year 2011.
For the first six months of 2011, the cumulative expenditure on imports rose 46.5 percent to US $ 9.3 billion over the first half of 2010.

Economy

SL June trade deficit US $850mn

Most Popular Articles

Third review approved by IMF, SL to get next US$ 333 million tranche

Niloufer Esufally-Anverally Makes a Stylish Comeback with the Launch of NLFR

Global Entrepreneurship Week 2024 kicks off across all 25 districts

LATES'T NEWS

Only invigilators allowed to use mobile phones during A/L exams this time

Mahinda Deshapriya’s house in Ambalangoda robbed

Low-pressure area over Bay of Bengal intensifying into depression tomorrow

Local Government polls to be held early next year: Vijitha

Another student injured in Badulla KDU bus accident dies