Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.14%
12M T-Bill Rate9.95%
2Y T-Bond Rate10.10%/ 10.20%
4Y T-Bond Rate11.60% / 11.70%
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 fell as country moved costly thermal electricity generation

EnergyJul 1, 2022
The hydro electricity generation fell as country moved costly thermal electricity generation

The seasonality of the weather condition has warrant the cost of electricity generation for next few month to be increase as had to dependent on the thermal oil. The current unavailability of the fuel stocks will deteriorate the condition further and power-cuts may adversely effect.

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