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%
Reserves $2.75Bn (April 2023)
Cum. Trade Deficit $862Mn (March 2023)
Cum. Fiscal DeficitLKR 2,300 Bn (Dec 2022)

Sovereign debtors, creditors agree steps to jumpstart debt restructurings

IMF & Sri LankaApr 13, 2023
Sovereign debtors, creditors agree steps to jumpstart debt restructurings
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Reuters Reports that Global creditors, debtor nations, and IFIs agreed to improve data-sharing, set clearer timetables, and take other steps to jumpstart debt restructuring processes. Sri Lanka expects to get a green light for large debt relief amounting to USD 3.3 Bn to 3.6Bn for the next three years.

The meeting came amid ongoing delays in finalizing debt treatment agreements for Zambia, Ghana, and Ethiopia under the G20 Common Framework


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