ECONOMYNEXT – Sri Lanka’s balance of payments slipped deeper into deficit in September 2023, after recording a marginal gap in the month before, official data showed. Sri Lanka balance of payments surplus steadily increased to 2,078 million US dollars up to July 2023 but fell in August. In...
Sri Lanka, is a country located at Southern Asia, it has an area of 65,610 Km2 and it may be considered quite a small country. Sri Lanka, with a population of 22,037,000 people, it is ranked at 61º position by population of 196 countries and it has a
Fund, Energy ConservationEnergy Conservation Fund (2003), Sri Lanka Energy Balance-2003, Energy Conservation Fund, Sri Lanka.Sri Lanka energy balance 1997, Energy Conservation Fund, Sri Lanka. 14) Teetong Ronayut (2003) Department of Power Economics, Metropolitan Electricity Authority, Bangkok, ...
Sri Lanka now has 330 power plants in operation with a capacity of 775 MegaWatts, that contributed about 16 percent of energy in 2023, the last full year data that has been published, Ceylon Electricity Board Chairman Tilak Siymabalapitiya told the ADB seminar. There are 210 mini hydro plants...
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Sri Lanka has recorded deflation since September, partly due to reductions in energy prices and an appreciating local currency. However, the central bank projects the country will reach its target level inflation of 5% during the second half of the year, as economic activity picks up with rel...
The Central Bank of Sri Lanka kept its benchmark interest rates unchanged at 8.00% during its January 2025 meeting to keep the inflation rate at 5% target over the medium term while fostering economic recovery. Current deflationary trends, driven by energy price cuts, are expected to persist in...
Sri Lanka's imports reveal international trade trends that are both challenging and rich with opportunities for local businesses. According to Trading Economics, the recent decrease in imports to US$970.70 million in January from US$1488.60 million in December 2023 reflects not ...