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)

Sri Lanka Airlines suspended the coupon payments to its international Bondholders for the next 12months

OtherDec 28, 2022
Sri Lanka Airlines suspended the coupon payments to its international Bondholders for the next 12months
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Sri Lankan Airlines has announced that it has requested a 12-month suspension of debt service payments for bondholders of USD 175Mn Bond (Maturity at 2024), which covers two coupon payments due on 25 December 2022 and 25 June 2023.

State-owned carrier Sri Lankan Airlines lost LKR 112.8 Bn in the first half of the 2022/2023 financial year. Sri Lankan Airlines Group recorded a loss of LKR 49.7 Bn for 2020/21 and a further loss of LKR 171 Bn in 2021/22. The accumulated loss amounts to Rs. 542.5 billion as of 31 March 2022.

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