Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.91%
12M T-Bill Rate10.21%
2Y T-Bond Rate10.65%/ 10.75%
4Y T-Bond Rate11.80% / 11.85%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $1,229 Mn (March 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Social unrest is rising across the Globe

InternationalJul 8, 2022
Social unrest is rising across the Globe

An Island-wide anti-government protest has been called for tomorrow the 9th. This year, large and long-running anti-government demonstrations have occurred in some advanced economies where unrest is relatively rare, such as Canada and New Zealand.

Prior to the pandemic, unrest rose around the world. Perhaps most prominent was a wave of protest which began in Chile and swept through parts of Latin America in October and November 2019. Significant unrest also occurred at around the same time in the Middle East, notably in Algeria, Iran, Iraq, and Lebanon.

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