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)

Real-time transaction volumes around the world grew 63.2% in 2022

InternationalMay 25, 2023
Real-time transaction volumes around the world grew 63.2% in 2022
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Overall real-time transaction volumes around the world grew 63.2% in 2022 to reach a new high of 195.0Bi transactions and are forecasted to reach 511.7B by 2027. By 2027, Bahrain a country of just 1.5 million people is forecasted to have the highest level of real-time payments consumer adoption, with 83.3 real-time transactions per head per month (TPHM).

The world’s major economies have rarely extended the use of real-time payments beyond peer-to-peer credit transfers. The good news for these major economies: the TPHM achieved by our global top 10 illustrates the scale of potential growth they can still unlock.

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