Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.55%
12M T-Bill Rate10.07%
2Y T-Bond Rate10.55%/ 10.65%
4Y T-Bond Rate11.80% / 11.85%
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

IMF project; SL to depend on Bilateral & Multilateral borrowing and FDI for next few years

IMF & Sri LankaMar 23, 2023
IMF project; SL to depend on Bilateral & Multilateral borrowing and FDI for next few years

Sri Lanka is exposed to an average of USD 6Bn gross external finance needs for the coming four years. This needs to bridge via government, private sector borrowing, and FDIs. IMF projects that SL will depend on Bilateral & Multilateral borrowing till 2026 along with optimistic FDIs.

The annual average FDI flow in the last four years to Sri Lanka was USD 612Mn, where IMF expects it to be doubled. Meantime annual average of private sector borrowing from external parties has been USD 550Mn for the last four years and IMF expects it to be an average of USD 950Mn for the rest of the years.


Charts represents an assessment of the market environment as of the date indicated and it is subject to change; and is not intended to be a forecast of future events or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice regarding the funds or any issuer or security in particular. The strategies discussed are strictly for illustrative and educational purposes and should not be construed as a recommendation to purchase or sell, or an offer to sell or a solicitation of an offer to buy any security. There is no guarantee that any strategies discussed will be effective.

The information presented does not take into consideration commissions, tax implications, or other transactions costs, which may significantly affect the economic consequences of a given strategy or investment decision. This document contains general information only and does not take into account an individual’s financial circumstances. An assessment should be made as to whether the information is appropriate in individual circumstances and consideration should be given to talking to a financial advisor before making an investment decisions.