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 2,320 Bn (Dec 2023)

Issuance of passports shapely increased since June

OtherDec 11, 2022
Issuance of passports shapely increased since June

Due to the number of uncertainties prevailing in the country, people opted to obtain their passports to make them a path for migration or foreign employment in the recent past. The highest number of passports were issued recorded in August 2022 which is 115,000 Passports.

Sri Lanka obtain 550,000 passports annually in the pre-COVID period and it fell to 300,000 during the last two years. That also created a vacuum of nearly 500,000 passports for the last two years.

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