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 reaches staff-level agreement with IMF on the 2nd Review

IMF & Sri LankaMar 21, 2024
Sri Lanka reaches staff-level agreement with IMF on the 2nd Review

The IMF and Sri Lanka have reached a staff-level agreement on economic policies, marking progress in the 2nd review of a four-year bailout package totaling USD 2.9 Bn. Upon approval by the IMF management and Executive Board, contingent on certain conditions, Sri Lanka stands to receive the 3rd tranche of USD 337 Mn, bringing the total IMF financial support disbursed under the program to USD 1 Bn.

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