Inflation ( CCPI)35.3% (April 2023)
GDP-12.4% (4Q 2022)
Unemployment4.8% (4Q 2022)
3M T-Bill Rate25.60%
12M T-Bill Rate22.97%
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 $862Mn (March 2023)
Cum. Fiscal DeficitLKR 2,300 Bn (Dec 2022)

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
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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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