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Keerthi pasquel

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30 January 2016

SL trade deficit widens
The Central Bank of Sri Lanka states that the Island’s trade deficit for the first eleven months of 2015 has exhibited a minor improvement marked by 1% to 7.6 billion dollars.
Worker remittances have declined to 574.5 million dollars in last November.
However, cumulative inflow from remittances was up marginal 0.8% to 6.4 billion during the first eleven months of 2015.
The Central Bank points out income plunge in oil exploiting Middle East due to World oil price drop caused the comparatively low growth in workers’ remittances during this period.

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