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 $2,930 Mn (Aug 2023 cumulative)
Cum. Fiscal DeficitLKR 1,243 Bn (June 2023)

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
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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