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)

Social

FeaturedJan 1, 2023

Sri Lanka state sector to shrink by 30,000

Sri Lanka reduced the retirement age of state employees from 65 to 60 years in a bid to bring down government expenditure. But most of the state employees are eligible for pension (social security), which make up 85% of their salary.

In order to secure USD 2.9Bn IMF rescue financial package, the reduction of the budget deficit is essential as the country is unable to finance this deficit anymore.

Accordingly, the majority of employees (30.4%) are Professionals while the second highest of almost 20% are in elementary occupations

Read more
Jan 1, 2023

Sri Lanka state sector to shrink by 30,000

Nov 25, 2022

Public Sector cadre fell in 2021 by 21,856 from 2020

Oct 30, 2022

Increasing use of synthetic drugs known as ICE (methamphetamine crystals)

Sep 13, 2022

Sri Lanka social mobility stabilized above the COVID19 era

Jul 4, 2022

Social Mobility is drying down as unavailability of the fuel continue for public

Jun 21, 2022

20% of the men smoked tobacco while 23% used smokeless tobacco in Sri Lanka

May 26, 2022

Sri Lanka is aging. nearly 1/5 are older than 59 years

May 25, 2022

Social mobility is slowing down in Sri Lanka

Apr 6, 2022

Economic crises pulled public out of house to parks as political turmoil escalate in Sri Lanka

Jan 21, 2022

Sri Lanka social mobility increase while Power Minister proposed to pre-plan the power cuts

Nov 19, 2021

Sri Lanka Social mobility reached well above pre-pandemic level

Nov 16, 2021

State employed population marginally grown during the last decade

Oct 28, 2021

Customer experience and Digital Strategies for future

Oct 27, 2021

Millennials And Gen-Z Are Leading The Great Resignation Trend

Oct 17, 2021

Sri Lanka internet subscription exceeded 20 Million in second quarter 2021

Oct 8, 2021

Sri Lanka soft lockdown ends naturally on 1st of October even authorities declared officially

May 24, 2021

Sri Lanka is pulling the social mobility back to the COVID19 Wave-1 level

May 10, 2021

Social mobility in the country has slowing down but not at required phase concern raised by Healthcare professional bodies

Feb 21, 2021

Sri Lanka Computer Literacy up in 1H of 2020

Dec 31, 2020

Sri Lanka stocks end the year 2020 with double digit return

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