Inflation ( CCPI)25.2% (May 2023)
GDP-12.4% (4Q 2022)
Unemployment4.8% (4Q 2022)
3M T-Bill Rate25.65%
12M T-Bill Rate22.91%
2Y T-Bond Rate29.25%/ 30.00%
4Y T-Bond Rate27.25% / 27.35%
USD/LKR297/298
Reserves $2.75Bn (April 2023)
Cum. Trade Deficit $1,443Mn (April 2023 cumulative)
Cum. Fiscal DeficitLKR 2,300 Bn (Dec 2022)

Sri Lanka is expecting a favorable weather condition to release some presser on electricity generation

EnergyMay 16, 2022
Sri Lanka is expecting a favorable weather condition to release some presser on electricity generation
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The seasonal weather pattern is expected to boost hydroelectricity generation in the next few months. The contribution of thermal oil for electricity generation by CEB was a little over 30% first four months of 2022. The coal contribution was 41%. With the start of the rainy season the hydroelectricity generation has picked up and electricity generation from wind also exhibits a seasonal pattern which is also expected to contribute an average of 10% in the coming months.

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