Inflation ( CCPI)1.3% (Sep 2023)
GDP-3.1% (2Q 2023)
Unemployment4.7% (1Q 2023)
3M T-Bill Rate17.42%
12M T-Bill Rate13.30%
2Y T-Bond Rate14.60%/ 15.00%
4Y T-Bond Rate14.50% / 14.90%
USD/LKR322/323
Reserves $3.60Bn (Aug 2023)
Cum. Trade Deficit $2,930 Mn (Aug 2023 cumulative)
Cum. Fiscal DeficitLKR 1,243 Bn (June 2023)

Quality of the electricity supply has fallen dramatically in Sri Lanka after 2016

EnergyAug 17, 2020
Quality of the electricity supply has fallen dramatically in Sri Lanka after 2016
Sri Lanka experienced an island-wide power outage due to a failure in the transmission system at the Kerawalapitiya Grid-Substation which last long for more than 5 hr for some areas of the country. That has affected the operation of pump houses resulting in the low-pressure supply of water. The quality of the electricity supply in Sri Lanka improved significantly after the end of war and country world ranking toped to 54th place in 2013. Thereafter the quality value which ranged from 1 to 7, has fallen continuously except 2016, the resulting country to fell down to 96th place. Meanwhile, pear country Vietnam has gradually improved the index value as well as rank.

Disclaimer

Charts represents an assessment of the market environment as of the date indicated and it is subject to change; and is not intended to be a forecast of future events or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice regarding the funds or any issuer or security in particular. The strategies discussed are strictly for illustrative and educational purposes and should not be construed as a recommendation to purchase or sell, or an offer to sell or a solicitation of an offer to buy any security. There is no guarantee that any strategies discussed will be effective.

The information presented does not take into consideration commissions, tax implications, or other transactions costs, which may significantly affect the economic consequences of a given strategy or investment decision. This document contains general information only and does not take into account an individual’s financial circumstances. An assessment should be made as to whether the information is appropriate in individual circumstances and consideration should be given to talking to a financial advisor before making an investment decisions.

Copyright © 2023 Charts.lk. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service, Privacy Policy and Cookies Policy.