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)

The hydro-electricity generation has started picking up with the favorable weather condition

EnergyApr 9, 2022
The hydro-electricity generation has started picking up with the favorable weather condition
The electricity generated by ECB was skewed to thermal power due to drought and seasonal behavior. Due to the current FX crisis, country has to spent large amount of Foreign currency to import oil and coal. With the South-West monsoon, the water levels in the major reservoirs have risen by 66%. This would help to reduce Sri Lanka dependency on oil for electricity generation.

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