Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.55%
12M T-Bill Rate10.07%
2Y T-Bond Rate10.55%/ 10.65%
4Y T-Bond Rate11.80% / 11.85%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

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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