Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.55%
12M T-Bill Rate10.07%
2Y T-Bond Rate10.55%/ 10.65%
4Y T-Bond Rate11.80% / 11.85%
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

75% of the Motor Cars and Motor Tricycles registered for Fuel QR Pass

OtherAug 2, 2022
75% of the Motor Cars and Motor Tricycles registered for Fuel QR Pass

Sri Lanka’s vehicle population is 8.3 Mn, out of which 58% accounted for motorcycles, 11% cars and 14% motor tricycles as at end of 2021. The government has initiated QR code-based fuel rationalization. At the start of the program on the 1st of August, 75% and 76% of the cars and motor Tricycles registered, whereas 62% of motorcycles and 32% of the buses along with 58% of the vans also registered at the end of 1st Aug 2022.


Charts represents an assessment of the market environment as of the date indicated and it is subject to change; and is not intended to be a forecast of future events or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice regarding the funds or any issuer or security in particular. The strategies discussed are strictly for illustrative and educational purposes and should not be construed as a recommendation to purchase or sell, or an offer to sell or a solicitation of an offer to buy any security. There is no guarantee that any strategies discussed will be effective.

The information presented does not take into consideration commissions, tax implications, or other transactions costs, which may significantly affect the economic consequences of a given strategy or investment decision. This document contains general information only and does not take into account an individual’s financial circumstances. An assessment should be made as to whether the information is appropriate in individual circumstances and consideration should be given to talking to a financial advisor before making an investment decisions.