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)

Sri Lanka to sign the Debt Restructuring agreement with Bilateral Creditors soon

IMF & Sri LankaJun 25, 2024
Sri Lanka to sign the Debt Restructuring agreement with Bilateral Creditors soon

In November, Sri Lanka reached a provisional agreement with the Official Creditor Committee (OCC), co-chaired by Japan, France, and India. It is learned that the government is expected to sign the debt restructuring agreement initially with the PC members and extend it to the rest of the Bilateral creditors.

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