Inflation ( CCPI)50.6% (Feb 2023)
GDP-12.4% (4Q 2022)
Unemployment5.0% (3Q 2022)
3M T-Bill Rate25.99%
12M T-Bill Rate24.31%
5Y T-Bond Rate27.00%/ 27.25%
10Y T-Bond Rate22.00% / 23.00%
USD/LKR335/341
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Reserves $2.22Bn (Feb 2023)
Cum. Trade Deficit $449Mn (Feb 2023)
Cum. Fiscal DeficitLKR 1,601Bn (Nov 2022)

Other

FeaturedDec 28, 2022

Sri Lanka Airlines suspended the coupon payments to its international Bondholders for the next 12months

Sri Lankan Airlines has announced that it has requested a 12-month suspension of debt service payments for bondholders of USD 175Mn Bond (Maturity at 2024), which covers two coupon payments due on 25 December 2022 and 25 June 2023.

State-owned carrier Sri Lankan Airlines lost LKR 112.8 Bn in the first half of the 2022/2023 financial year. Sri Lankan Airlines Group recorded a loss of LKR 49.7 Bn for 2020/21 and a further loss of LKR 171 Bn in 2021/22. The accumulated loss amounts to Rs. 542.5 bi

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