Sri lanka's exports rises

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                               Sri Lanka’s exports during the month of June rose 32 percent to US $.620 million while the expenditure on imports also increased 50 percent to US $1.6 billion, resulting in a trade deficit of US $850 million over the same period of the previous year.

The data released by the Central Bank also showed that despite a 35 percent growth in export income, Sri Lanka’s trade deficit has expanded to US $ 4250 million for the first half of the year 2011.
For the first six months of 2011, the cumulative expenditure on imports rose 46.5 percent to US $ 9.3 billion over the first half of 2010.

President reviews progress of Southern Expressway in Sri Lanka

 Sri Lanka President Mahinda Rajapaksa Tuesday met with the officials of Ministry of Ports and Highways and reviewed the progress of Sri Lanka's first toll highway, Southern Expressway.
The President has said at the progressive meeting yesterday that the Expressway should not be opened until it is completed up to acceptable standards