Sunday, 02 June 2024 15:24

Sri Lanka’s trade deficit widens on April 2024 Featured

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Sri Lanka’s curent dollar earnings from merchandise exports, remittances, tourism and other services exceeded imports by 579 million US dollars in April 2024, official data shows.

Hard goods exports were 877.6 million US dollars in April, up from 848.6 million US dollars a year ago, in a holiday month which usually has a 20 percent downturn.

Sri Lanka’s current dollar earnings from merchandise exports, remittances, tourism and other services exceeded imports by 579 million US dollars in April 2024, official data shows.

Remittances were 543.8 million US dollars, up from 454 million last year.Net services income was 367.7 million US dollars up from 290 million US dollars last year.

 

 

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