The overall balance of payments registered a surplus of US dollars 81 million and the gross official reserves stood at US dollars 2,610 million (3.0 months of imports) by end August 2007, said a press release issued yesterday (22) by the Central Bank of Sri Lanka.
  
It also said:
  
“The cumulative exports during the first eight months grew by 11.7 per cent from US dollars 4,411 million in 2006 to US dollars 4,927 million in 2007. Higher growth of exports over the growth of imports narrowed the cumulative trade deficit for the first eight months from US dollars 2,401 million in 2006 to US dollars 2,122 million in 2007. Private remittances grew by 17.0 per cent to US dollars 1,758 million during the first eight months of 2007, containing the current account deficit.”

PRINT THIS STORY

Contact Information: Send mail to priu@presidentsoffice.lk with questions or comments about this web site. 
Last Updated Date: October 23, 2007 - 8.45 GMT