Inflation ( CCPI)1.5% (April 2024)
GDP4.5% (4Q 2023)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate8.76%
12M T-Bill Rate9.29%
2Y T-Bond Rate10.00%/ 10.05%
4Y T-Bond Rate10.70% / 10.80%
USD/LKR299/300
Reserves $5.438Bn (April 2024)
Cum. Trade Deficit $1,229 Mn (March 2024 cumulative)
Cum. Fiscal DeficitLKR 2,320 Bn (Dec 2023)

Sri Lanka hydroelectricity generations fell in June-July 2023 compared to last year

EnergyJul 18, 2023
Sri Lanka hydroelectricity generations fell in June-July 2023 compared to last year

Uninterrupted electricity generation is key for economic growth as well as the smooth functioning of public life. The cost of electricity depends on the composition of the sources. Sri Lanka seems to face a higher cost of electricity generation in June -July compared to last year as the contribution of the hydroelectricity generation is lower compared to last year.

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