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 $2,623 Mn (July 2023 cumulative)
Cum. Fiscal DeficitLKR 1,243 Bn (June 2023)

Sri Lanka has finally granted permission to import plant nutrients and agrochemicals for crops

Global IndexesNov 21, 2021
Sri Lanka has finally granted permission to import plant nutrients and agrochemicals for crops
Media reports say the Ministry of Agriculture has granted permission for the import of plant nutrients and agrochemicals for paddy, corn vegetables, and other crops for the Maha season. Meanwhile, most fertilizer prices increased sharply in 2021Q3 and continued rising in early November, reaching levels unseen since the 2008-09 global financial crisis.

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