Inflation ( CCPI)54.2% (Jan 2023)
GDP-11.8% (3Q 2022)
Unemployment5.0% (3Q 2022)
3M T-Bill Rate29.88%
12M T-Bill Rate27.72%
5Y T-Bond Rate29.00%
10Y T-Bond Rate30%
USD/LKR360/363
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Reserves $2.12Bn (Jan 2023)
Cum. Trade Deficit $5.2Bn (Dec 2022)
Cum. Fiscal DeficitLKR 1,647Bn (Oct 2022)

FX inflow from tourism marginally up in July

Travel & TourismAug 13, 2022
FX inflow from tourism marginally up in July
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Tourism is one of the prominent sectors that bring FX to the country as well as a key to generating employment. It was hit by the Easter attack in 2019, later hardly hit by the COVID19. The economic and social meltdown has pushed the industry further downturn in 2021 & 2022.

It annually generated USD 4.4Bn FX inflow in 2018 and fell to USD 3.6Bn in 2019, managing only USD 700mn in 2020, it further fell to USD 285 in 2021. But tourism inflow recorded a better number so far this year bringing USD 825Mn

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