Sunanda Bandara bowls a wide on the widening trade deficit
[…] The gap between export earnings and import expenditure is gradually widening due to the country lifting all import bans except for vehicle imports in the recent past. […] The trade deficit of the first nine months of this year is USD 1,141 million more than last year’s.
| November 11, 2024
Posted on: 29 January, 2025
False
EDB Chair overserves ICT role in growth of service exports
Last year, service exports recorded 3.1 billion dollars in revenue compared to 2022, reflecting a 69% growth, mainly driven by ICT, logistics, transport and construction.
Sri Lanka Business | October 16, 2024
Posted on: 9 December, 2024
True
Minister Sabry exposes anaemic export growth with imprecise numbers
In 1991, Bangladesh only exported goods worth roughly USD 2.2 Bn. Vietnam exported goods worth around USD 3 Bn. Sri Lanka exported goods worth around USD 2.8 Bn. Today, by 2024, Bangladesh’s exports have reached USD 87 Bn, Vietnam is exporting worth USD 464 billion, having built a large economy. In Sri Lanka, our exports are still worth [only] USD 16 Bn.
Parliament of Sri Lanka YouTube channel | June 7, 2024
Posted on: 13 September, 2024
Partly True