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)

Political unrest and collapse of essential services hamper the tourism recovery

Travel & TourismMay 16, 2022
Political unrest and collapse of essential services hamper the tourism recovery
Sri Lanka Tourism authorities have estimated USD 113Mn worth of tourism-related FX inflows in April as Sri Lanka moving towards the off-season. The tourism inflow started to pick up in the first three months of 2022 after a renewed effort by authorities. But the effort seems to have been hampered due to political unrest and the collapse of essential services.

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