The 42nd Official Development Assistance (ODA) loan package worth LKR 65 Bn was commited by JICA on 03/29/2012. This is the biggest-ever assistance package granted in the history of bilateral cooperation between Japan and Sri Lanka.
GDP beats forecasts
The Sri Lankan economy crossed the Rs.6.5 trillion mark for the year 2011, recording a GDP growth of 8.3% on constant prices. This was above the forecasted rate of 8%
Boost of foreign interest
Net foreign inflow topped US$ 25 Mn for the year up to 27th of February, 2012.
One of the largest PET plants for Sri Lanka
A US$ 150 Mn project to build one of the world’s largest single location Polyester Bottle Resins (PET resin) manufacturing plants in the South of the island by has been approved by the government
Exports on the up-and-up
Exports for the calendar year (CY) 2011 grew to US$ 10.46 bn; a 22.1% growth over CY 2010. This was on the back of a 21% growth achieved in CY 2010 over the CY 2009
Stock Market Update :
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