Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.14%
12M T-Bill Rate9.95%
2Y T-Bond Rate10.10%/ 10.20%
4Y T-Bond Rate11.60% / 11.70%
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 continues to spend heavy on thermal power generation in 2023

EnergySep 20, 2023
Sri Lanka continues to spend heavy on thermal power generation in 2023

Despite the weather changes in the last few weeks, the country is still spending on thermal power generation. Hydropower generation has fallen to the lowest levels in 2023 compared with 2022. The contribution of non-conventional renewable energy has improved substantially in 2023.

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