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)

Upcoming rainy season would help SL to generate low cost electricity

EnergyOct 13, 2022
Upcoming rainy season would help SL to generate low cost electricity

Some parts of the country still experience little over two hours of power cuts during the day. The country has shut down the Sapugaskanda refinery and finds it difficult to resource much-needed foreign currency for costly thermal power generation.

The entire world is fighting against the rising cost of energy that has fueled high inflation.

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