Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.55%
12M T-Bill Rate10.07%
2Y T-Bond Rate10.55%/ 10.65%
4Y T-Bond Rate11.80% / 11.85%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Sri Lanka extend the deadline to submit DDR/DDO proposal from 11th to 28th August

IMF & Sri LankaAug 11, 2023
Sri Lanka extend the deadline to submit  DDR/DDO proposal from 11th to 28th August

Sri Lanka for the second time extended the deadline to submit the restructuring proposal to 28th August which was initially set for 25th July and it was extended to 11th August later and now it is been extended further to 28th August.

Earlier it was announced that SLDB investors agreed to the DDR, but Rupee-denominated debt instrument (T-Bonds) restructuring is under negotiations.

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