Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.14%
12M T-Bill Rate9.95%
2Y T-Bond Rate10.10%/ 10.20%
4Y T-Bond Rate11.60% / 11.70%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

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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