Inflation ( CCPI)0.9% (March 2024)
GDP4.5% (4Q 2023)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.90%
12M T-Bill Rate10.21%
2Y T-Bond Rate10.85%/ 11.00%
4Y T-Bond Rate12.10% / 12.20%
USD/LKR298/299
Reserves $4.951Bn (March 2024)
Cum. Trade Deficit $860 Mn (Feb 2024 cumulative)
Cum. Fiscal DeficitLKR 2,020 Bn (Nov 2023)

EPF has a positive net cash flow of nearly LKR 30Bn every year

IMF & Sri LankaMay 4, 2023
EPF has a positive net cash flow of nearly LKR 30Bn every year

EPF is at the center of Domestic Debt Restructuring (DDR) news as it would be a possible candidate to absorb the DDR hit. EPF holds a massive LKR 3.4 Trillion in funds from the public where 95% of that money has been lent to the government. EPF carries net positive cashflow on average of LKR 30Bn per year.

Due to the size of the fund and the complexity of executing a DDR on the public, authorities would possibly restructure the EPF funds to bail out the government.

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