Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.14%
12M T-Bill Rate9.95%
2Y T-Bond Rate10.10%/ 10.20%
4Y T-Bond Rate11.60% / 11.70%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Resurgence of Africa with policy reforms 2019-2020

InternationalOct 15, 2021
Resurgence of Africa with policy reforms 2019-2020
During a difficult year, African countries are facing enormous challenges from Covid-19. Financial markets have been disrupted, but expansion and innovation in recent years will benefit the rebound and recovery process. African economies are undergoing a significant period of transition and appraisal, with growing foreign investment interest and much examination of the continent’s potential for mobilizing local resources. The countries whose standing improved the most from last year are Ghana, Morocco and Seychelles.

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