SL trade deficit shrinks by $ 1 b

In the first eight months of 2020, Sri Lanka’s trade deficit shrank by $ 1 billion to $ 3.8 billion from $ 4.8 billion in 2019, helped by import restrictions and strong export performances since June with the latest numbers of $ 947 million in August helping the decline despite it being a weaker performance than the preceding months, latest data from the Central Bank showed yesterday.

Leave a Reply

Your email address will not be published. Required fields are marked *