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 continues to control the Vehicle imports in 2021

OtherNov 15, 2020
Sri Lanka continues to control the Vehicle imports in 2021
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Sri Lanka continues to control the Vehicle imports in 2021, as per the budget proposals. The value of imports related to petroleum has fallen by 38% by September 2020, while motor car registration has also plunged by 28% by Sep 2020. This reduction of import cost has been supported by the 34% price decline of crude oil prices in the global market as well.

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