Inflation ( CCPI)35.3% (April 2023)
GDP-12.4% (4Q 2022)
Unemployment4.8% (4Q 2022)
3M T-Bill Rate25.60%
12M T-Bill Rate22.97%
2Y T-Bond Rate29.25%/ 30.00%
4Y T-Bond Rate27.25% / 27.35%
USD/LKR297/298
Reserves $2.75Bn (April 2023)
Cum. Trade Deficit $862Mn (March 2023)
Cum. Fiscal DeficitLKR 2,300 Bn (Dec 2022)

Investor profile of Government Securities is diversified in Sri Lanka

IMF & Sri LankaApr 6, 2023
Investor profile of Government Securities is diversified in Sri Lanka
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One of the key elements of Central Government (CG) debt is government Securities. In Sri Lanka, it accounts for over 97% of the total LC of CG. In Sri Lanka, investor diversification is higher compared to some selected Asia Pacific countries. The percentage in the deposit-taking institution is less.

Therefore designing the Domestic Debt Restructuring is key to being successful in the implementation of the DDR, which is expected to complete by end of May 2023 (the earlier deadline was the end of April)

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