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Sri Lanka records $133 Mn current account surplus in August
Sri Lanka's external current account moved back into a surplus of $133 million in August, following four consecutive months of deficits,
Sri Lanka's external current account moved back into a surplus of $133 million in August, following four consecutive months of deficits,
Merchandise imports increased 12.8% year-on-year (YoY) to $1.9 billion in August, while the cumulative import bill rose 24.1% YoY to $16.6 billion during January-August. The services account surplus contracted 24.4% YoY to $220 million in August, while services outflows increased 23.5% YoY to $329 million.
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