Inflation ( CCPI)6.4% (Jan 2024)
GDP1.6% (3Q 2023)
Unemployment5.2% (2Q 2023)
3M T-Bill Rate9.79%
12M T-Bill Rate10.02%
2Y T-Bond Rate11.05%/ 11.10%
4Y T-Bond Rate12.20% / 12.30%
USD/LKR313/314
Reserves $4.5Bn (Jan 2024)
Cum. Trade Deficit $4,866 Mn (Dec 2023 cumulative)
Cum. Fiscal DeficitLKR 2,020 Bn (Nov 2023)

Sri Lanka is planning to increases the domestic fuel prices

EnergyJun 11, 2021
Sri Lanka is planning to increases the domestic fuel prices
As per the Petroleum Minister of Sri Lanka, cabinet sub-committee looking after cost of living has decided to increase the fuel price in near future. Global crude oil prices has increased by 34% from end of last year to now. Sri Lanka was benefited with low crude oil prices as annual fuel cost fell from USD 3.9Bn in 2019 to USD 2.5Bn in 2020, 35% decline.

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