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)

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
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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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