Inflation ( CCPI)1.5% (Oct 2023)
GDP-3.1% (2Q 2023)
Unemployment5.2% (2Q 2023)
3M T-Bill Rate15.29%
12M T-Bill Rate12.94%
2Y T-Bond Rate14.45%/ 14.50%
4Y T-Bond Rate14.70% / 14.80%
USD/LKR327/328
Reserves $3.56Bn (Oct 2023)
Cum. Trade Deficit $3,307 Mn (Sep 2023 cumulative)
Cum. Fiscal DeficitLKR 1,614 Bn (Sep 2023)

Sri Lanka employment has shifted towards service sector than industry sector

SocialSep 24, 2020
Sri Lanka employment has shifted towards service sector than industry sector
Sri Lankan government is emphasizing import substitutions as a long term strategy to fulfill the requirement of some of the agricultural products and local manufacturing items. And further, encouraging local productions to focus on the export market. But last decade, employment has shifted more towards the service sector and less improvement towards the industry sector. During that period, the contribution of the agriculture sector remains the same.

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