Inflation ( CCPI)-0.5% (Sep 2024)
GDP4.7% (2Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.32%
12M T-Bill Rate9.95%
2Y T-Bond Rate10.37%/ 10.45%
4Y T-Bond Rate11.80% / 11.90%
USD/LKR292/293
Reserves $5.99Bn (Sep 2024)
Cum. Trade Deficit $2,550 Mn (June 2024 cumulative)
Cum. Fiscal DeficitLKR 599Bn (June 2024)

Fifty percent increase in passport issuance in 2022 & 2023 compared with pre-crisis era

SocialJan 14, 2024
Fifty percent increase in passport issuance in 2022 & 2023 compared with pre-crisis era

With the slow growth in the SME sector, job layouts and political uncertainty in the country have led a substantial number of individuals to seek foreign job opportunities. The average annual passport issuance was 600,000 and it had increased by over 900,000 in the last two years.

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