Inflation ( CCPI)0.9% (March 2024)
GDP4.5% (4Q 2023)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.90%
12M T-Bill Rate10.21%
2Y T-Bond Rate10.85%/ 11.00%
4Y T-Bond Rate12.10% / 12.20%
USD/LKR298/299
Reserves $4.951Bn (March 2024)
Cum. Trade Deficit $860 Mn (Feb 2024 cumulative)
Cum. Fiscal DeficitLKR 2,020 Bn (Nov 2023)

Will Sri Lankan have to work more hours to get out of economic mess in time to come ?

Global IndexesOct 27, 2022
Will Sri Lankan have to work more hours to get out of economic mess in time to come ?

The average length of working time seems to be different from country to country depending on the stage of the economic, social, and societal factors. Sri Lankans are enjoying a relatively lesser number of working hours than peer countries but higher than the developed countries.

Studies have found, in most countries, the weekly working hours are decreasing with increasing prosperity and higher productivity.

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