New SL govt aims to boost exports
Colombo, Aug 14 : The new Sri Lankan government is aiming to boost exports this year as at least four state ministers have been appointed to develop key local products such as gems, batiks, coconut, rubber and tea, media reports said on Friday.
"Exports have been recognized as a deserving sector to appoint sector-specific ministries in reviving the economy post-Covid-19.
"A lot of emphases has been given to agricultural exports and farming, which has been a weak area in our export basket for decades," Prabhash said.
Amidst the pandemic, Sri Lanka's merchandise exports last month crossed the one billion dollar mark.
Soon after the health criris hit Sri Lanka in March, exports in April fell to USD277.4 million
But a continuous pick-up in exports was seen thereafter, with USD587 million in May and USD906 million in June.
The EDB is optimistic and anticipates that the steady growth trend would continue in the last quarter of this year.
It's confident that the food and agriculture exports would help Sri Lanka achieve the USD10.5 billion target set for this year.
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