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)

IMF brief about the progress on Sri Lanka in it's Program

IMF & Sri LankaApr 5, 2024
IMF brief about the progress on Sri Lanka in it's Program

According to the IMF, the next steps in the debt restructuring process involve finalizing negotiations with external commercial creditors and executing agreements in principle with official creditors.

The IMF also expresses confidence that agreements with commercial creditors, aligning with program parameters, will likely be reached by the completion of the second review. These statements indicate ongoing efforts to navigate the debt restructuring process and reach agreements that meet the outlined program objectives.

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