Tuesday Nov 05, 2024
FT
Tuesday Nov 05, 2024
Monday, 18 June 2012 00:00 - - {{hitsCtrl.values.hits}}
An unexpected development, seemingly ominous, that has taken place in Sri Lanka’s recent economic developments has gone unnoticed by the country’s policy authorities, economic analysts and researchers.
That development has been the continuous decline in Sri Lanka’s exports as a ratio of its Gross Domestic Product or GDP from around 2005 though exports in US dollar and rupee terms had recorded increases during this period.
