Inflation ( CCPI)-2.1% (Nov 2024)
GDP5.5% (3Q 2024)
Unemployment4.5% (1Q 2024)
3M T-Bill Rate8.66%
12M T-Bill Rate9.02%
2Y T-Bond Rate9.40%/ 9.50%
4Y T-Bond Rate10.45% / 10.55%
USD/LKR291/292
Reserves $6.46Bn (Nov 2024)
Cum. Trade Deficit $4,762 Mn (Oct 2024 cumulative)
Cum. Fiscal DeficitLKR 970Bn (Sep 2024 cumulative)

Three-wheeler imports to Sri Lanka have dramatically fallen since 2017

SocialSep 18, 2020
Three-wheeler imports to Sri Lanka have dramatically fallen since 2017
The traffic lane law was re-implemented since the 14th of September in the country to reduce the traffic. Three-wheelers and motorcycles are accused of creating traffic. Sri Lanka used to import 3W heavily from India. Sri Lanka’s share in the overall export pie has reduced from 30% in FY 2016 to 14% in FY 2017 as per Indian OEMs report, and countries such as Nigeria and Egypt have emerged as bigger export markets for Indian OEMs now.

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