The Export Development Board (EDB) of Sri Lanka has reportedly set an export earnings target of US$ 17.4 billion by the end of 2018.
The International Monetary Fund (IMF) earlier this week approved the disbursement of a US$ 252 million tranche to Sri Lanka under its programme in the country and has called on the government for continued reforms to boost growth as the country recovers from a balance of payments crisis.
An External Sector performance report of the Central Bank of Sri Lanka has stated that the country’s merchandise export earnings at US$ 1,108 million
A fully-owned subsidiary of Sri Lanka’s Nawaloka Holdings, Nawaloka Air Services, has recently tied up with a prestigious South Korean university to provide aviation related study programmes to Sri Lankan students.
Sri Lanka’s state debt office has reportedly stated that Sri Lanka has sold Rs. 90 billion of five and 10 year bonds at an auction last week