📝 Summary

Sri Lanka’s external accounts are increasingly being squeezed by the cost of maintaining economic activity, with the widening merchandise trade deficit and sharply higher fuel-import expenditure emerging as two of the most serious threats to the country’s fragile foreign-exchange position. The latest external-sector figures expose an uncomfortable contradiction. While Sri Lanka has accumulated stronger remittance […] The post Trade Deficit Explodes As Fuel Bill Drains Foreign Exchange appeared first on Lankanews.lk .

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