Inflation ( CCPI)1.3% (Sep 2023)
GDP-3.1% (2Q 2023)
Unemployment4.7% (1Q 2023)
3M T-Bill Rate17.42%
12M T-Bill Rate13.30%
2Y T-Bond Rate14.60%/ 15.00%
4Y T-Bond Rate14.50% / 14.90%
USD/LKR322/323
Reserves $3.60Bn (Aug 2023)
Cum. Trade Deficit $2,930 Mn (Aug 2023 cumulative)
Cum. Fiscal DeficitLKR 1,243 Bn (June 2023)

IMF Governors Approve a Historic US$ 650 Bn SDR Allocation

InternationalAug 3, 2021
IMF Governors Approve a Historic US$ 650 Bn SDR Allocation
This USD 650 Bn is the largest SDR allocation in the history of the IMF and a shot in the arm for the global economy at a time of unprecedented crisis. The general allocation of SDRs will become effective on August 23, 2021. The newly created SDRs will be credited to IMF member countries in proportion to their existing quotas in the Fund. Sri Lanka is expected to received USD 800mn to reserves from this allocation.

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