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%
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Sri Lanka ISB restructuring - Most probable total payments would be USD 19.87Bn

IMF & Sri LankaJul 3, 2024
Sri Lanka ISB restructuring - Most probable total payments would be USD 19.87Bn

Sri Lanka has agreed to pay a consent fee of USD 225 million upfront and the ultimate Past-Due Interest (PDI) of USD 1,678 million, as demanded by investors earlier. However, Sri Lanka has managed to reduce the potential principal payment from USD 11.2 billion (if the average GDP crosses USD 100 billion during 2025-27) to USD 10.4 billion. Additionally, the interest payment has been reduced from USD 8.3 billion to USD 7.6 billion..


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