Sri Lanka inflation gallops to 18.7-pct in March 2022

Sri Lanka’s inflation galloped to 18.8 percent in March 2022 in the capital Colombo up from 15.1 percent in February as the central bank printed money to keep interest rates low and the currency collapsed in a failed float.

EconomyNext

2022-04-01

Related News and Insights

Hopeful of Sri Lanka ISB restructuring deal despit...

Krishna Srinivasan, Director of the Asia and Pacific Department at the International Monetary Fund, has expressed optimism regarding the prospect of a deal with Sri Lanka’s sovereign bond holders, despite encountering "some setbac...

Find Out More

Bondholders’ agreement delay won’t hinder IMF thir...

Former Central Bank Governor Dr. Indrajit Coomaraswamy expressed optimism regarding the disbursement of the third tranche of the IMF's $3 billion bailout package for Sri Lanka, despite potential delays in reaching an agreement with priva...

Find Out More

Govt. gazettes revised Sri Lanka Electricity Bill

The Sri Lanka Electricity Bill, recently published in the gazette and set for presentation to Parliament by Power and Energy Minister Kanchana Wijesekera, marks a crucial step towards reforming the country's electricity...

Find Out More

View All