Inflation ( CCPI)-0.8% (Oct 2024)
GDP4.7% (2Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.35%
12M T-Bill Rate9.95%
2Y T-Bond Rate10.37%/ 10.45%
4Y T-Bond Rate11.80% / 11.90%
USD/LKR292/293
Reserves $5.99Bn (Sep 2024)
Cum. Trade Deficit $3,584 Mn (Aug 2024 cumulative)
Cum. Fiscal DeficitLKR 910Bn (Aug 2024 cumulative)

Sri Lanka continue to benefit from rain on the electricity generation

EnergyNov 10, 2021
Sri Lanka continue to benefit from rain on the electricity generation
Despite the adverse weather condition distorting the livelihood of the public, the contribution of the rain to generate hydroelectricity has increased. With this development, the requirement for oil-based thermal power generation has declined substantially. But usage of coal has increased in August. But latest data suggest coal-based power generation fell from 45% to 25% and hydro has increased to 68%.

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