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)

Low growth of Sri Lanka electricity generation capacity during last four years, likely to bring power cut back

EnergyJan 21, 2020
Low growth of Sri Lanka electricity generation capacity during last four years, likely to bring power cut back
During the recent past, the government unable to construct sizeable major power plants to increase the install capacity to meet the increasing power consumption. Analysis believes Sri Lanka could face power cuts by March as the country would receive lower than average rainfall in the 1st quarter. Sri Lanka faced power-cuts in March-April 2019

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