Sri Lanka is currently facing a severe foreign exchange crisis with falling reserves, a huge price hike and a shortage of almost all essentials due to the lack of dollars to pay for the imports.
Additionally, the diesel shortage has hit the country's power generation which has led to power cuts lasting more than four hours.
Mar. 09: The Governor of the Central Bank of Sri Lanka Ajith Nivard Cabraal at a meeting with bankers announced that the Sri Lankan Rupee was floated.
Inflation Rate (year-to-year)
GDP Growth
Sri Lanka Rupee against US$
Official Reserve Assets (US$mn)
Fuel and Gas: Price (1L/Rs.)
Diesel: price 2016-2022
Petrol: price 2016-2022
Diesel: price 2016-2022
Kerosene: price 2016-2022
Fuel and Gas: price 2016-2022
|
Fuel and Gas |
Current Goverment |
Yahapalana Goverment |
||
|
2016 |
2018 |
2020 |
2022 |
|
|
Petrol |
117 |
125 |
137 |
254 |
|
Diesel |
95 |
101 |
111 |
176 |
|
Kerosene |
44 |
70 |
77 |
87 |
|
Gas |
1,321 |
1,733 |
1,493 |
2,675 |
Essential Items: Price (Rs. per kg, 1L)
Balaya: price 2016-2022
Beans: price 2016-2022
Brinjals: price 2016-2022
Cabbage: price 2016-2022
Carrot: price 2016-2022
Coconut: price 2016-2022
Coconut Oil: price 2016-2022
Dhal: price 2016-2022
Eggs: price 2016-2022
Kekulu (Red/White): price 2016-2022
Milk Powder 400G: price 2016-2022
Nadu: price 2016-2022
Onion Big (Imported): price 2016-2022
Potato (Local): price 2016-2022
Rice (Samba): price 2016-2022
Sprats: price 2016-2022
Sugar: price 2016-2022
Thalapath: price 2016-2022
Wheat Flour: price 2016-2022
Essential Items: price 2016-2022
|
Essential Items |
Current Goverment |
Yahapalana Goverment |
||
|
2016 |
2018 |
2020 |
2022 |
|
|
Rice (Samba) |
80 |
92 |
127 |
190 |
|
Dhal |
169 |
127 |
180 |
420 |
|
Sugar |
95 |
110 |
125 |
189 |
|
Carrot |
77 |
69 |
200 |
260 |
|
Eggs |
12 |
13 |
17 |
30 |
|
Kekulu (Red/White) |
68 |
74 |
97 |
188 |
|
Potato (Local) |
129 |
109 |
270 |
210 |
|
Coconut Oil |
280 |
360 |
480 |
870 |
|
Beans |
195 |
120 |
240 |
280 |
|
Sprats |
490 |
500 |
850 |
1200 |
|
Onion Big (Imported) |
85 |
88 |
180 |
180 |
|
Milk Powder 400G |
325 |
337 |
380 |
790 |
|
Brinjals |
79 |
101 |
160 |
280 |
|
Thalapath |
708 |
720 |
720 |
1480 |
|
Nadu |
82 |
75 |
107 |
195 |
|
Coconut |
52 |
71 |
85 |
90 |
|
Wheat Flour |
89 |
91 |
90 |
170 |
|
Cabbage |
77 |
64 |
80 |
160 |
|
Balaya |
380 |
368 |
560 |
560 |
Fruits: Price (Rs. per kg)
Apple: price 2016-2022
Grapes: price 2016-2022
Orange: price 2016-2022
Papaw: price 2016-2022
Pineapple: price 2016-2022
Fruits: price 2016-2022
|
Fruits |
Current Goverment |
Yahapalana Goverment |
||
|
2016 |
2018 |
2020 |
2022 |
|
|
Apple |
60 |
65 |
48 |
180 |
|
Grapes |
780 |
815 |
1100 |
1570 |
|
Orange |
50 |
35 |
48 |
110 |
|
Papaw |
70 |
165 |
180 |
180 |
|
Pineapple |
160 |
150 |
180 |
320 |
Bus Fare
Total expense to purchase some of the essential items in 2016
Yahapalana Government headed by President Maithripala Sirisena |
|
|
Product |
Rs. |
|
Rice (1kg) |
80.00 |
|
Sugar (1kg) |
95.00 |
|
Dhal (1kg) |
169.00 |
|
Potato (1kg) |
129.00 |
|
Big Onion(lkg) |
85.00 |
|
Coconut 01 |
52.00 |
|
Milk pkt.(400g) |
325.00 |
|
Chicken (1kg) |
380.00 |
|
Coconut oil (1L) |
280.00 |
|
Wheat flour(1kg) |
89.00 |
|
Turmeric (1kg) |
1,000.00 |
|
Bread (1) |
55.00 |
|
Cas (1) |
1,321.00 |
|
Petrol (1L) |
117.00 |
|
Total |
4,177.00 |
Total expense to purchase some of the essential items in 2022
Current Government headed by President Gotabaya Rajapak |
|
|
|
Product |
Rs. |
|
|
Rice (1kg) |
190.00 |
|
|
Sugar (1kg) |
189.00 |
|
|
Dhal (1kg) |
420.00 |
|
|
Potato (1kg) |
210.00 |
|
|
Big Onion (1kg) |
180.00 |
|
|
Coconut (01) |
90.00 |
|
|
Milk pkt (400g) |
790.00 |
|
|
Chicken (1kg) |
900.00 |
|
|
Coconut oil (1L) |
870.00 |
|
|
Wheat flour (1kg) |
170.00 |
|
|
Turmeric (1kg) |
4,000.00 |
|
|
Bread (1) |
110.00 |
|
|
Cas (1) |
2,675.00 |
|
|
Petrol (1L) |
254.00 |
|
|
Total |
11,048.00 |
|
Sri Lanka: Tourist Arrivals 2016-2022
Projects suspended by Current Government
- Malabe to Fort, Light Railway Project (LRT). The estimated value of the Project was US$ 1.85 bn. Japanese Government agreed disburse money in five tranches starting from 2020. Project was to be completed by 2025. If it was done estimated travel time from Malabe to fort was 32 minutes. Estimated ticket price Rs 100
- Kelani Valley Railway Line Project. The estimated value of the Project was US$ 662mn. Project was planned to be completed by 2025. Estimated travel time from Homagama was 42 minutes. Saving of approximately one hour travel time.
- AFD funded Urban Improvement Project. The scope of the Project was to improve infrastructure of Kurunegala, Dambulla, Trincomalee and Rathnapura. Project value US$ 300mn
- Improvement of 25 secondary townships. This was to be implemented under Ministry of Local government. Project value was US$ 250mn.
- MCC. The United States' Millennium Challenge Corporation (MCC) voted to discontinue the US$ 480mn compact agreement with Sri Lanka.
- Pettah Multimodal Transport Centre Project
- Meethotamulla Garbage Dump Rehabilitation Project.
- Kandy Multi Modal Centre also slowed down.
Sources: Central Bank/ Department Of Census And Statistics/ News Reports
By Pethum Bandara ©DM GraphicDesk
