Inflation ( CCPI)-0.8% (Oct 2024)
GDP4.7% (2Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.30%
12M T-Bill Rate9.78%
2Y T-Bond Rate10.25%/ 10.35%
4Y T-Bond Rate11.20% / 11.30%
USD/LKR290/291
Reserves $6.47Bn (Oct 2024)
Cum. Trade Deficit $4,218 Mn (Sep 2024 cumulative)
Cum. Fiscal DeficitLKR 910Bn (Aug 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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