Economics

Sri Lanka Risks Losing US$ 1.23bn in EU Exports if GSP+ Revoked

Sri Lanka could face losses of up to US$ 1.23 billion if it loses its Generalised Scheme of Preferences Plus (GSP+) trade benefits.

  • March 21, 2025
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Economics

Sri Lanka and Indonesia Collaborate for UK Tariff Benefits on Apparel Exports

Sri Lanka and Indonesia are set to submit a joint application to enhance their apparel exports under the United Kingdom’s tariff preference scheme.

  • October 29, 2024
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Economics

IMF Warns of Global Economic Risks from Elections and Policy Shifts

The International Monetary Fund (IMF) has raised concerns about the elevated uncertainty surrounding the global economic outlook, citing the potential impact of elections.

  • October 23, 2024
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Economics

Sri Lanka’s Export Economy Faces Challenges, IPS Calls for Diversification and Policy Reforms

According to the Institute of Policy Studies (IPS), Sri Lanka’s export economy remains heavily reliant on apparel, with goods and services exports accounting.

  • October 22, 2024
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