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%
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

IMF Reaches Staff-Level Agreement on the First Review of Sri Lanka ETF

IMF & Sri LankaOct 19, 2023
IMF Reaches Staff-Level Agreement on the First Review of Sri Lanka ETF

IMF staff and the Sri Lankan authorities have reached a staff-level agreement on economic policies to conclude the first review of the 48-month EFF-supported program. IMF delayed the agreement when they visited first a few weeks back citing weak revenue collection.

Sri Lanka will have access to about USD 330Mn, the second tranche once the review is approved by IMF Management and IMF Executive Board. IMF statement says “Program performance in end-June was satisfactory, with all quantitative performance criteria for the end-June met, except the one on expenditure arrears. All indicative targets were also met except the one on tax revenues.”


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