Inflation ( CCPI)0.9% (May 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.39%
12M T-Bill Rate9.90%
2Y T-Bond Rate10.10%/ 10.20%
4Y T-Bond Rate11.10% / 11.25%
USD/LKR304/305
Reserves $5.4Bn (May 2024)
Cum. Trade Deficit $1,229 Mn (March 2024 cumulative)
Cum. Fiscal DeficitLKR 2,320 Bn (Dec 2023)

Sri Lanka tourism industry is rapidly catching up the loss revenue

Travel & TourismMar 13, 2022
Sri Lanka tourism industry is rapidly catching up the loss revenue

The estimated tourism FX inflows amounted to USD 314Mn in February up from USD 268Mn in January. The last December, the country attracted 89,506 tourists who were estimated to brought only USD 120Mn, but as per the new revision, the 82,327 and 96,507 tourism arrivals in January and February were estimated to bring USD 268Mn and USD 314Mn.

The inflow from a per tourist and number of nights stay seems to have increased under the new revision substantially.

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