Inflation ( CCPI)35.3% (April 2023)
GDP-12.4% (4Q 2022)
Unemployment4.8% (4Q 2022)
3M T-Bill Rate25.60%
12M T-Bill Rate22.97%
2Y T-Bond Rate29.25%/ 30.00%
4Y T-Bond Rate27.25% / 27.35%
USD/LKR297/298
Reserves $2.75Bn (April 2023)
Cum. Trade Deficit $862Mn (March 2023)
Cum. Fiscal DeficitLKR 2,300 Bn (Dec 2022)

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
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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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