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 met IMF target for Inflation (Sep) 2023 in substantial margin

IMF & Sri LankaDec 14, 2023
Sri Lanka met IMF target for Inflation (Sep) 2023 in substantial margin

Stabilisation of the currency and improvement in the supply side of the essential items have helped CBSL to bring down the inflation substantially. That has resulted in achieving the IMF inflation target without much trouble in September. The end-December goal is easily attainable as well.

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