Inflation ( CCPI)1.5% (Oct 2023)
GDP-3.1% (2Q 2023)
Unemployment5.2% (2Q 2023)
3M T-Bill Rate15.29%
12M T-Bill Rate12.94%
2Y T-Bond Rate14.45%/ 14.50%
4Y T-Bond Rate14.70% / 14.80%
USD/LKR327/328
Reserves $3.56Bn (Oct 2023)
Cum. Trade Deficit $3,307 Mn (Sep 2023 cumulative)
Cum. Fiscal DeficitLKR 1,614 Bn (Sep 2023)

Sri Lanka importing cost of Crude oil by CPC is increasing with world market prices

EnergyJul 29, 2020
Sri Lanka importing cost of Crude oil by CPC is increasing with world market prices
Global Crude oil prices have start increasing once again after fell in April. Sri Lanka implemented price formula to adjust domestic energy prices pegging to world crude oil prices. After discontinuing the price formula, domestic energy prices were not reduced even the global crude oil prices fell to a record low.

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