Sri Lanka’s merchandise exports in 2022 posted US $ 13.07 billion, up by 5% from 2021 sustaining its resilience, but fell short $ 1.03 billion from the set target of $16 billion.
The Ministry of Tourism is taking measures to re-enter the meetings, incentives, conferences and exhibitions (MICE) market as the country opens for tourism amid an economic crisis in the aftermath of Coronavirus pandemic.
Sri Lanka has embarked on on a project of strengthening plastic management capacity with the assistance of the Japanese International Corporation Agency (JICA) for a sound material cycle society and circular economy in the island.
Sri Lanka is to clear another hurdle of massive domestic debt restructuring as external creditors want more details of government debts before formal negotiations, informed sources said.