Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.14%
12M T-Bill Rate9.95%
2Y T-Bond Rate10.10%/ 10.20%
4Y T-Bond Rate11.60% / 11.70%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

The average time spend by container ship at Sri Lankan port is 24hr, lagging among peers

InternationalDec 14, 2022
The average time spend by container ship at Sri Lankan port is 24hr, lagging among peers

Sri Lanka expects to increase exports to improve the FX inflows. Merchandising exports are a key pillar of the FX flows to the country. The median time in port (hr) by a container ship in the world is 19.27 hr whereas in Sri Lanka it is 24.30 and in India, it is 22.40.

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