Inflation ( CCPI)0.9% (March 2024)
GDP4.5% (4Q 2023)
Unemployment4.7% (3Q 2023)
3M T-Bill Rate10.17%
12M T-Bill Rate10.28%
2Y T-Bond Rate10.85%/ 11.00%
4Y T-Bond Rate12.10% / 12.20%
USD/LKR301/303
Reserves $4.517Bn (Feb 2024)
Cum. Trade Deficit $860 Mn (Feb 2024 cumulative)
Cum. Fiscal DeficitLKR 2,020 Bn (Nov 2023)

Tourism is yet to recover

Travel & TourismSep 18, 2022
Tourism is yet to recover

One of the key FX inflow to the country is Tourism, which failed in 2019 after ester terrorist attack. Since then tourism found it hard to recover due to COVID-19. Just after opening the country for tourists, the country hit an economic collapse leading to the unavailability of many essential goods and services.

But still Sri Lanka is one of the favorite tourist destination in the global due to the natural features and beauty.

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