Sri Lanka’s export earnings races ahead of import bill in Sept: Central Bank

November 15, 2006 (LBO) – Sri Lanka’s trade deficit expanded 38.4 percent to 2,597 million dollars for the nine months to September, over the same period 2005, the central bank said Wednesday, as the island spent more to import fuel. Sri Lanka’s 24 billion dollar economy is forecasted to expand by 7.0 percent by end-2006, the bank said earlier, but growth would remain vulnerable, as sporadic attacks on military positions by Tamil Tiger rebels have left over 3,000 people dead since last December.

External Trade
Performance – September 2006 and January-September 2006

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