Sri Lanka Brodcasting Corporation

Tue01232018

Last updateMon, 22 Jan 2018 8pm

Business News

The external sector of the economy exhibited a significant improvement in October 2017.

The Central Bank says the external sector of the economy exhibited a significant improvement in October 2017. A notable decline was observed in the trade deficit and inflows to the financial account of the Balance of Payment. Higher export earnings recorded a double digit growth for the fourth consecutive month. A deceleration in import expenditure assisted in a significant year-on-year decline in the trade deficit in October.

Local News