Inflation ( CCPI)25.2% (May 2023)
GDP-12.4% (4Q 2022)
Unemployment4.8% (4Q 2022)
3M T-Bill Rate25.65%
12M T-Bill Rate22.91%
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 $1,443Mn (April 2023 cumulative)
Cum. Fiscal DeficitLKR 2,300 Bn (Dec 2022)

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
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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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