Exports earnings dip 19.5% to US$ 799 million in August


The Central Bank said Sri Lanka's external sector reflected a modest performance in August 2015 with a slightly lower trade deficit and robust growth in tourist earnings.

Despite the slowdown in imports during the first eight months of 2015, the cumulative trade deficit as at end August 2015 had increased by 5.0 per cent, as a result of mediocre export performance on account of dampened global demand.

However, the current account balance was buoyed by the growth in earnings from tourism.