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)

FX inflow from tourism marginally up in July

Travel & TourismAug 13, 2022
FX inflow from tourism marginally up in July

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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