Sri Lanka needs to increase high tech exports to shrink widening trade gap
Sri Lanka exports only one percent of high tech products and to address the widening trade gap the country will…
Tag: GDP
Former Central bank Governor presents distorted viewpoint on Sri Lanka’s outstanding debt – General Treasury
Sri Lanka’s General Treasury says former Central Bank Governor Ajith Nivard Cabraal in an article published recently under the caption…
PM outlines plans for North
Prime Minister Ranil Wickremesinghe yesterday focused on the need to link the Northern Province with southern development corridors to develop…
Milestone marks from Mangala
After completing year as Finance Minister insists sound macroeconomic fundamentals exist for stronger growth Higher tax revenue, investments, FDIs, export earnings, lower…
2017 sinks to slowest economic growth in 16 years
Department of Census and Statistics releases official GDP data for 2017 Economy grew by 3.1%; agriculture down by 0.8%; industry…
Fisheries Ministry takes measures to preserve quality of fish and minimize post-harvest losses
The Ministry of Fisheries and Aquatic Resources Development has taken steps to implement program to minimize post-harvest damage to ensure…
Sri Lanka needs more private sector involvement in development to become an upper middle-income country – WB Director
While Sri Lanka in many ways has been a development success story since its independence 70 years ago, the island…
CDB Corporate Finance Strengthens SMEs with Dynamic Value Added Services
Sustaining and developing Sri Lanka’s Small and Medium-sized Enterprises (SMEs) is critical in generating economic growth and prosperity. Government statistics…
Governor Cabraal Refutes Presidential Claim
Former Governor of the Central Bank Ajith Nivard Cabraal issued this statement following President Sirisena’s statement yesterday. “President Sirisena’s statement…
Sri Lanka aims to reduce public debt to 70 percent of GDP
The Sri Lankan government plans to reduce the country’s public debt to 70 percent of the Gross Domestic Product (GDP)…
