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Sri Lanka's garment exports dropped 16.5 per cent to $1,843.3 million in January-May 2023, due to the global slowdown. Textile exports fell 3.1 per cent to $144.6 million....
In January-April 2023, Sri Lanka's garment exports fell 17 per cent to $1,468.7 million. Meanwhile, textile exports slightly increased by 1.8 per cent to $114.2 million....
There are downside risks to growth and upside risks to inflation, partly channelled through the external sector and partially originating from weather uncertainties, the finance ministry said in a report on Monday. Consumption has shown steady and broad-based growth, while investment in capacity
Sri Lanka's garment exports decreased by 14.9 per cent to $1,157.9 million in the first quarter of 2023 compared to the same period last year due to the global economic slowdown. However,...
Two major multinational bodies' most recent growth estimates According to the World Bank and the Asian Development Bank, Nepal's GDP growth will most likely be about 4%. Although both organizations anticipated 4.4 percent GDP growth, Nepal's overhang is likely to worsen in the next months given the current health of the economy.