Central Bank of Sri Lanka

Bulletin Volume 67 Number 01

January 2017 The Central Bank of Sri Lanka Bulletin is issued monthly by the Department of Economic Research. The material appearing in the Bulletin may be reproduced or translated in whole or in part without prior permission (unless it is indicated as copy-righted), provided due credit is given to the Central Bank of Sri Lanka and the Bulletin.

ISSN 1391-3654

Published by the Central Bank of Sri Lanka, Colombo 1.

Central Bank of Sri Lanka w Bulletin w January 2017 w 3 Contents

Statistical Tables Table PRODUCTION, RAINFALL, INPUTS AND INVESTMENT Gross Value Added and Gross Domestic Product by Economic Activity… ……… ……… 01 Agricultural Production Indices……… ……… ……… ……… ……… 02 Production of Tea, Rubber and Coconut ……… ……… ……… ……… 03 Paddy Production ……… ……… ……… ……… ……… 04 Rainfall and Rainy Days ……… ……… ……… ……… ……… 05 Selected Industrial Production Indicators ……… ……… ……… ……… 06 Factory Industry Production Index of Major Industry Divisions ……… ……… ……… 07 Investments, Exports and Employment in BOI Enterprises ……… ……… ……… 08

COMMUNICATION, ENERGY, TRANSPORTATION AND HOUSING Telecommunication Services ……… ……… ……… ……… ……… 09 Electricity Generation and Petroleum Imports ……… ……… ……… ……… 10 Passenger Transportation and Port Operations ……… ……… ……… ……… 11 New Registration of Motor Vehicles… ……… ……… ……… ……… 12 Greater Colombo Housing Approval Index ……… ……… ……… ……… 13

PRICES AND WAGES National Consumer Price Index (NCPI) (Base 2013 = 100) ……… ……… ……… 14 Colombo Consumer Price Index (CCPI) (Base 2013 = 100) ……… ……… ……… 15 Colombo Consumer Price Index (CCPI) (Base 2006/07 = 100) ……… ……… ……… 16 Wholesale Price Index ……… ……… ……… ……… ……… 17 Wholesale Prices of Selected Food Items at Pettah Market ……… ……… ……… 18 Average Producer and Retail Prices of Selected Food Items ……… ……… ……… 19 Average Producer Prices of Selected Varieties of Vegetables, Sea Fish, Fruits and Poultry Products ……… 20 Average Retail Prices of Selected Varieties of Vegetables and Fish……… ……… ……… 21 Utility Prices ……… ……… ……… ……… ……… 22 Minimum Wage Rate Indices of Workers in Wages Board Trades ……… ……… ……… 23 Wage Rate Indices of Government Employees ……… ……… ……… ……… 24 All Island Average Daily Wages in the Informal Sector… ……… ……… ……… 25 Cost of Construction Indices ……… ……… ……… ……… ……… 26 Price Indices for Selected Construction Materials and Labour Wages…… ……… ……… 27

GOVERNMENT FINANCE Analysis of Net Cash Surplus / Deficit ……… ……… ……… ……… 28 Economic Classification of Government Revenue……… ……… ……… ……… 29 Government Expenditure – 2016…… ……… ……… ……… ……… 30 Economic Classification of Government Expenditure… ……… ……… ……… 31 Outstanding Central Government Debt ……… ……… ……… ……… 32

TRADE, TOURISM AND BALANCE OF PAYMENTS Exports, Imports and Trade Balance… ……… ……… ……… ……… 33 Exports ……… ……… ……… ……… ……… 34 Composition of Industrial and Mineral Exports ……… ……… ……… ……… 35 Tea and Rubber – Auctions and Exports ……… ……… ……… ……… 36 Major Coconut Products – Auctions and Exports ……… ……… ……… ……… 37 Exports of Other Agricultural Products – Volume ……… ……… ……… ……… 38 Exports of Other Agricultural Products – Value ……… ……… ……… ……… 39 Composition of Imports ……… ……… ……… ……… ……… 40 External Trade Indices – Export Value ……… ……… ……… ……… 41 External Trade Indices – Import Value ……… ……… ……… ……… 42 External Trade Indices – Export Volume ……… ……… ……… ……… 43 External Trade Indices – Import Volume ……… ……… ……… ……… 44

4 w Central Bank of Sri Lanka w Bulletin w January 2017 Table External Trade Indices – Export Unit Value ……… ……… ……… ……… 45 External Trade Indices – Import Unit Value ……… ……… ……… ……… 46 Key Indicators of Tourist Industry…… ……… ……… ……… ……… 47 Balance of Payments – Standard Presentation under BPM6 Format……… ……… ……… 48 International Investment Position – Standard Presentation under BPM6 Format ……… ……… 49 International Reserves of Sri Lanka… ……… ……… ……… ……… 50 Exchange Rates of Major Currencies and Monthly Indices of Nominal Effective Exchange Rate (NEER) and Real Effective Exchange Rate (REER) ……… ……… ……… ……… 51 Interbank Forward Market Transactions ……… ……… ……… ……… 52

FINANCIAL SECTOR

Monetary Aggregates – M1 and M2… ……… ……… ……… ……… 53 Monetary Survey – M2 ……… ……… ……… ……… ……… 54 Assets and Liabilities of the Central Bank ……… ……… ……… ……… 55 Assets and Liabilities of Domestic Banking Units (DBUs) of Commercial Banks ……… ……… 56 Assets and Liabilities of Offshore Banking Units (OBUs) of Commercial Banks ……… ……… 57

Consolidated Monetary Survey – M2b ……… ……… ……… ……… 58 Financial Survey – M4 ……… ……… ……… ……… ……… 59 Reserve Position of Commercial Banks ……… ……… ……… ……… 60 Currency Issue of the Central Bank (by Denomination) ……… ……… ……… 61 Money Rates : The Central Bank and Commercial Banks ……… ……… ……… 62 Yield Rates on Government Securities ……… ……… ……… ……… 63 Deposit and Lending Rates of Non-Commercial Bank Financial Institutions ……… ……… 64 Interest Rates of Licensed Commercial Banks ……… ……… ……… ……… 65 Commercial Banks’ Fees and Commissions ……… ……… ……… ……… 66 Cheque Clearing and SLIPS ……… ……… ……… ……… ……… 67 Commercial Banks’ Debits and Deposits Turnover … ……… ……… ……… 68 Ownership of Demand, Time and Savings Deposits of the Private Sector with Commercial Banks ……… 69 Commercial Banks’ Loans and Advances to the Private Sector ……… ……… ……… 70 Savings and Fixed Deposits of Deposit Taking Institutions ……… ……… ……… 71 Share Market Performance ……… ……… ……… ……… ……… 72

Central Bank of Sri Lanka w Bulletin w January 2017 w 5 Part II STATISTICAL TABLES January 2017

Definitions and Explanatory Notes on Statistical Tables

The following general notes supplement the footnotes given below the individual tables:–

1. The data cover monthly figures available at the time the Bulletin goes to print, and the latest available information does not relate to the same month, in every table.

To enable comparision, annual figures for recent years are given.

2. In an attempt to bring the material up-to-date provisional figures are included in some tables.

3. Figures in some tables have been rounded off to the nearest final digit. Hence there may be a slight discrepancy between the total as shown and the sum of its components.

4. Differences as compared with previously published figures are due to subsequent revisions.

5. The following symbols have been used throughout:– n.a. = not available – = nil … = negligible

6 w Central Bank of Sri Lanka w Bulletin w January 2017 1 409 338 836 3,500 2,362 3,417 6,518 1,284 9,598 3,377 4,080 4,632 4,424 6,310 9,305 Qtr 4 11,712 11,712 11,760 11,760 17,294 15,852 16,058 28,549 62,337 23,016 20,103 27,996 19,688 23,258 23,332 48,575 50,056 16,073 14,767 37,020 12,139 29,372 37,259 10,635 12,507 41,318 16,199 Rs. million 111,734 111,734 228,850 162,824 625,808 200,970 282,674 214,032 130,705 400,435 130,869 139,206 2,526,738 1,337,672 2,126,303 TABLE 614 338 661 4,114 4,114 6,011 6,011 2,554 2,625 3,433 6,503 1,005 8,771 3,186 5,061 4,653 9,710 6,176 7,968 5,249 9,793 14,811 14,811 12,040 15,549 16,057 26,063 57,233 18,494 12,135 20,926 17,670 23,766 33,501 41,312 38,656 14,108 34,232 15,271 15,282 23,652 37,819 89,337 Qtr 3 (c) 113,768 113,768 221,913 158,851 604,272 151,318 269,221 237,983 203,046 127,872 144,605 140,826 2,276,896 1,310,728 2,073,850 648 338 914 624 3,251 4,236 2,549 3,284 6,521 9,317 3,314 2,074 5,732 5,189 5,260 3,517 5,345 6,823 11,653 11,653 12,669 16,789 16,222 12,858 23,678 47,392 24,758 15,709 18,520 14,444 22,650 16,977 40,582 44,082 18,302 33,778 14,688 12,917 25,486 36,698 53,707 Qtr 2 (c) 111,016 111,016 216,419 158,606 531,144 161,522 208,336 106,870 267,104 164,261 123,453 163,370 : Department of Census and Statistics 2,125,848 1,271,838 1,961,588 534 338 703 Source 4,104 4,042 2,399 2,816 5,996 1,056 9,281 3,133 1,967 8,214 9,023 9,831 15,411 15,411 11,608 11,608 11,485 11,485 97,119 97,119 10,646 18,884 17,081 12,625 26,625 51,584 19,355 16,573 29,242 21,120 22,501 15,152 41,239 29,449 34,377 98,614 13,851 14,260 10,682 37,606 13,569 10,975 Qtr 1 (c) 110,424 110,424 214,040 161,662 655,053 169,794 208,190 101,235 233,533 152,460 127,798 2,082,544 1,167,216 1,983,930 453 315 749 4,322 4,020 2,601 3,046 5,789 1,358 9,086 3,089 3,173 5,452 7,154 8,990 Qtr 4 11,440 11,440 11,149 11,149 10,211 33,555 16,033 16,579 15,529 12,998 27,053 49,503 23,274 20,000 26,243 19,586 21,507 21,347 43,500 43,544 35,362 24,318 13,556 10,640 38,882 14,923 40,712 112,499 112,499 230,798 177,718 572,843 173,939 270,029 124,043 370,866 205,898 122,108 128,952 2,400,173 1,278,746 2,029,307 At Constant (2010) Prices At Constant (2010) (a)(b) 502 315 858 693 3,173 4,203 2,536 3,083 5,546 8,454 3,022 4,188 5,653 7,281 5,655 6,340 9,128 4,953 Qtr 3 32,911 32,911 13,110 13,110 38,011 15,954 16,389 17,498 15,405 13,993 24,217 47,293 17,020 15,266 22,069 16,324 22,096 31,051 38,435 40,503 19,272 15,023 10,000 88,859 2016 (c) 216,044 162,158 570,862 129,147 254,406 151,530 108,167 192,287 231,896 121,899 124,504 2,176,161 1,250,853 1,983,873 497 315 833 501 3,601 4,587 2,638 2,982 5,369 8,297 3,051 2,629 6,241 6,165 3,013 4,914 6,003 5,103 Qtr 2 16,213 18,322 20,496 15,009 12,758 25,779 42,290 24,697 19,420 21,020 15,126 21,098 32,719 15,385 37,822 44,166 12,135 23,144 38,737 14,318 12,718 54,695 119,694 119,694 117,704 117,704 215,522 168,255 520,807 146,074 203,038 101,658 159,364 265,163 143,274 2,076,295 1,227,868 1,916,931 493 315 680 2,511 2,511 8,289 2,982 3,887 4,029 2,645 9,712 2,893 4,976 1,003 8,431 8,475 6,423 7,051 8,785 8,046 Qtr 1 11,674 11,674 14,177 40,001 31,688 10,534 16,760 17,405 15,540 12,061 27,196 52,026 17,313 19,582 24,196 17,343 20,366 32,992 96,230 93,149 38,609 13,817 14,675 95,913 97,805 207,276 161,975 600,161 149,213 145,954 202,381 127,505 226,251 1,888,112 1,888,112 1,981,261 1,125,977 672 725 626 4,544 4,921 6,965 3,685 4,672 4,427 4,833 1,313 1,424 1,860 Qtr 4 16,704 45,726 63,140 67,539 24,927 16,638 24,923 24,013 24,599 19,736 38,373 90,808 22,821 31,524 28,513 23,422 18,471 22,223 49,840 50,169 16,100 14,524 10,495 16,727 16,418 12,683 54,467 176,114 176,114 193,843 305,471 270,724 227,332 816,905 186,929 271,519 445,338 284,963 122,937 2,873,301 3,144,025 1,829,064 867 549 508 4,268 4,080 6,475 3,655 4,956 4,493 5,203 1,305 1,129 5,301 1,944 7,805 17,895 30,564 64,930 68,616 17,140 15,944 18,329 23,951 25,121 23,832 41,564 82,788 18,306 25,405 19,503 19,541 16,124 22,569 45,856 50,674 24,888 16,749 10,763 10,677 Qtr 3 (c) 171,358 169,522 296,951 182,494 230,045 808,039 233,797 204,260 365,327 318,632 106,222 120,994 2,751,335 2,933,830 1,713,252 909 499 507 2,711 2,711 4,403 5,217 6,223 3,543 2,468 4,590 5,030 1,196 1,030 3,108 7,192 7,182 7,520 16,224 16,887 66,950 65,594 18,245 17,757 21,901 20,843 20,133 21,285 38,900 69,446 24,593 27,433 24,637 17,273 13,128 21,936 44,864 48,739 26,304 16,024 92,299 75,913 Qtr 2 (c) 359,511 359,511 164,049 162,516 291,060 288,969 222,962 715,784 188,678 217,617 302,053 2,576,121 2,865,091 1,637,375 723 323 765 4,050 5,643 4,128 5,749 3,531 2,210 4,281 4,451 1,075 1,166 7,975 84,114 84,114 17,493 27,796 61,706 64,212 13,172 20,521 17,169 20,573 18,983 19,150 40,227 72,024 19,150 12,449 24,924 24,198 17,100 19,933 44,432 48,617 21,959 16,259 14,167 12,526 13,353 Qtr 1 (c) 165,239 152,784 275,899 254,307 210,319 867,748 249,550 238,864 301,064 314,008 132,038 2,641,723 2,896,030 1,563,655 632 346 4,003 5,825 3,423 6,146 3,397 3,351 3,718 4,206 1,250 1,276 4,961 Qtr 4 13,111 13,111 24,119 24,119 11,809 14,105 32,721 64,702 72,773 52,678 22,470 17,469 23,858 17,460 19,260 39,240 67,528 19,895 25,475 26,792 22,871 16,006 23,040 45,810 50,386 13,416 16,067 56,441 12,136 158,221 163,703 297,354 152,420 252,783 753,930 184,176 245,393 265,033 393,004 101,286 2,672,340 2,824,760 1,665,627 At Current Market Prices At Current Market 738 365 3,874 4,464 3,296 6,759 3,472 5,517 5,925 8,724 9,656 3,883 4,534 1,243 1,175 7,169 5,049 Qtr 3 12,905 87,742 30,013 65,407 67,797 22,918 21,121 12,527 22,821 17,610 20,658 18,416 20,133 33,322 60,125 14,562 20,200 19,795 19,288 13,387 15,541 42,183 48,733 2015 2016 (c) 156,284 168,921 276,649 229,296 214,137 750,916 236,530 180,667 297,303 319,600 125,881 2,544,883 2,774,178 1,579,829 2015 777 345 841 3,869 5,055 3,302 5,997 3,482 3,455 3,268 6,882 6,443 3,739 4,154 1,278 7,247 4,275 Qtr 2 49,115 49,115 15,202 78,847 16,596 67,858 58,886 25,319 20,086 14,649 26,231 21,659 17,894 15,757 17,766 35,797 54,074 21,138 24,302 23,777 18,108 12,216 22,597 41,483 78,458 149,283 165,850 276,174 221,537 217,571 686,759 191,844 204,236 340,271 283,438 2,453,319 2,674,857 1,548,989 626 310 6,114 6,114 3,782 5,039 4,197 5,606 3,458 2,981 6,945 9,578 9,592 3,734 3,979 1,229 1,134 Qtr 1 11,345 11,345 15,010 78,571 22,921 48,978 52,057 57,552 16,221 25,199 14,965 24,052 19,007 18,067 13,825 18,386 38,349 67,329 14,790 10,156 23,539 22,371 15,059 21,614 41,838 161,734 138,990 261,745 192,529 210,288 799,501 239,319 135,944 198,092 285,915 304,126

2,485,372 2,677,901 1,475,583 Gross Value Added and Gross Domestic Product by Economic Activity by Economic Domestic Product Gross and Added Gross Value .) etc Economic Activity Professional services Public administration and defense; compulsory social security Education Human health activities, residential care and social work activities Other personal service activities at basic price Added (GVA), Equals Gross Value less Subsidies on Products Taxes (+) Equals Gross Domestic Product (GDP) at market price estimates of Department of Census and Statistics. (b) Provisional. (c) Revised. The data is based on the base year 2010 GDP (a) Services Wholesale and retail trade passengers including warehousing of goods and Transportation Postal and courier activities Accommodation, food and beverage service activities Programming and broadcasting activities and audio video productions Telecommunication activities programming consultancy and related IT Financial service activities and auxiliary financial services Insurance, reinsurance and pension funding Real estate activities, including ownership of dwelling Manufacture of rubber and plastic products Manufacture of other non-metallic mineral products Manufacture of basic metals and fabricated metal products Manufacture of machinery and equipment Manufacture of furniture equipment Other manufacturing, and repair and installation of machinery and gas, steam and air conditioning supply Electricity, and supply collection, treatment Water Sewerage, waste, treatment and disposal activities Construction Forestry and logging Marine fishing and marine aquaculture aquaculture Fresh water fishing and fresh water Industries Mining and quarrying Manufacture of food, beverages & tobacco products Manufacture of textiles, wearing apparel and leather related products Manufacture of wood and of products of wood and cork, except furniture products Manufacture of paper products, printing and reproduction of media Manufacture of coke and refined petroleum products Manufacture of chemical products and basic pharmaceutical products Growing of vegetables other non-perennial crops Growing of sugar cane, tobacco and Growing of fruits king coconut, oil palm) Growing of oleaginous fruits (coconut, Growing of tea (green leaves) cocoa (coffee, Growing of other beverage crops and pharmaceutical crops Growing of spices, aromatic, drug Growing of rubber Growing of other perennial crops Animal production supporting activities Plant propagation and agricultural Agriculture, Forestry and Fishing Growing of cereals (except rice) Growing of rice INVESTMENT AND INPUTS RAINFALL, PRODUCTION,

Central Bank of Sri Lankaw Bulletin w January 2017w 7 PRODUCTION, RAINFALL, INPUTS AND INVESTMENT TABLE 2 Agricultural Production Indices 2007 - 2010 = 100 (a)

Year Overall Plantation Tea Rubber Coconut Paddy Other Field Vegetable Livestock Fish Index (b) (c) Crops (c) (c) (d)

2014 119.9 98.2 108.5 73.5 101.3 90.4 140.5 135.8 136.2 160.4 2015 (e) 127.3 97.5 105.5 66.0 107.9 128.9 144.6 136.1 147.2 155.9 2016 (e) 124.2 90.5 93.9 59.0 106.3 118.2 138.5 141.2 154.6 159.1 2014 3rd Qtr 99.3 105.2 58.6 102.5 165.7 4th Qtr 97.4 105.9 53.5 97.8 61.2 108.9 111.8 165.6 2015 (e) 1st Qtr 100.8 101.5 86.3 103.5 157.7 2nd Qtr 109.7 120.1 64.0 108.3 153.9 173.0 162.2 149.3 3rd Qtr 100.9 101.0 57.9 112.3 154.2 4th Qtr 96.2 96.1 55.9 106.2 103.9 115.4 107.6 162.5 2016 (e) 1st Qtr 94.5 89.9 84.0 103.2 150.6 2nd Qtr 101.2 105.9 58.7 106.3 155.2 167.8 150.4 136.2 3rd Qtr 89.3 82.3 48.4 109.3 169.7 4th Qtr 83.9 74.8 45.3 106.1 81.2 109.3 124.5 180.0

(a) The average values used for the base values in the index was changed from the period 1997–2000 Source : Central Bank of Sri Lanka to 2007–2010. (b) Overall indices are available only on annual basis because of the seasonal nature of certain crops. (c) Maha production index in the 2nd quarter and Yala production index in the 4th quarter. (d) Computed only on annual basis due to data limitations. (e) Revised (f) Provisional

PRODUCTION, RAINFALL, INPUTS AND INVESTMENT TABLE 3 Production of Tea, Rubber and Coconut

Tea (mn kg) Rubber (mn kg) Coconut (mn nuts)

Period High Medium Low Total Sheet Crepe Other Total Local Desic- Coco- Other Total Grown Grown Grown Consump- cated nut (a) tion Coconut Oil

2014 78.9 49.2 210.0 338.0 48.5 15.3 34.8 98.6 1,829.8 392.7 318.1 305.8 2,870.0 2015 (b) 76.9 49.7 202.4 329.0 44.4 11.1 33.1 88.6 1,873.8 325.9 396.3 437.8 3,047.0 2016 (c) 64.4 44.5 183.6 292.5 39.8 15.0 24.6 79.4 1,786.7 398.6 347.7 475.9 3,008.9

2015 (b) 1st Qtr 18.3 12.0 48.6 79.0 14.6 3.1 11.2 28.9 468.5 51.4 145.1 68.1 733.1 2nd Qtr 24.6 15.2 53.1 92.9 10.7 3.0 7.8 21.5 468.5 61.8 155.0 70.4 755.7 3rd Qtr 15.7 11.0 52.1 78.7 9.7 2.4 7.3 19.4 468.5 113.6 141.9 71.2 795.1 4th Qtr 18.0 11.6 47.5 77.1 9.1 2.4 6.7 18.2 468.5 91.5 120.5 75.8 751.9

2016 (c) 1st Qtr 16.2 10.7 43.5 70.4 14.1 4.5 9.6 28.2 446.7 90.5 87.5 106.4 731.1 2nd Qtr 20.2 13.6 50.0 83.8 9.9 3.3 6.6 19.7 446.7 99.4 92.9 113.6 752.7 3rd Qtr 12.6 9.5 42.6 64.7 8.2 3.1 4.9 16.3 446.7 113.5 83.0 130.7 773.9 4th Qtr 15.5 10.7 47.5 73.6 7.6 4.1 3.5 15.2 446.7 95.1 84.3 125.1 751.2

2015 (b) Dec 5.9 3.7 15.6 25.2 3.0 0.8 2.2 6.0 156.2 29.2 39.8 23.3 248.4

2016 (c) Jan 5.5 3.7 16.0 25.2 4.8 1.5 3.3 9.5 148.9 21.6 28.6 28.9 228.0 Feb 5.4 3.5 14.1 23.0 4.6 1.5 3.2 9.3 148.9 30.4 28.9 39.0 247.2 Mar 5.3 3.6 13.4 22.2 4.7 1.5 3.2 9.4 148.9 38.5 30.1 38.4 255.9 Apr 6.8 4.4 16.0 27.3 4.3 1.2 3.0 8.5 148.9 25.7 32.7 32.6 239.9 May 8.3 5.1 17.4 30.8 2.9 1.1 1.8 5.8 148.9 36.2 31.2 36.8 253.1 Jun 5.0 4.0 16.6 25.7 2.7 1.0 1.7 5.4 148.9 37.5 29.1 44.3 259.7 Jul 4.5 3.3 13.7 21.5 2.7 0.8 1.7 5.2 148.9 36.3 28.2 43.3 256.7 Aug 4.1 3.3 15.9 23.3 2.8 1.1 1.5 5.5 148.9 41.5 26.6 41.5 258.5 Sep 4.0 3.0 13.0 20.0 2.7 1.2 1.7 5.6 148.9 35.7 28.2 45.9 258.7 Oct 3.4 2.3 13.0 18.7 2.6 1.2 1.3 5.1 148.9 33.5 29.1 43.0 254.6 Nov 5.9 3.9 17.9 27.7 2.5 1.4 1.1 5.0 148.9 37.0 26.6 42.3 254.9 Dec 6.1 4.4 16.6 27.1 2.6 1.5 1.1 5.1 148.9 24.6 28.6 39.7 241.8

(a) The monthly and quarterly figures do not add up to the annual total due to the Sources : Sri Lanka Tea Board adjustment for changes in Copra stocks and revision in the estimates of local Rubber Development Department consumption. Ministry of Plantation Industries (b) Revised (Coconut Sector) (c) Provisional

8 w Central Bank of Sri Lanka w Bulletin w January 2017 PRODUCTION, RAINFALL, INPUTS AND INVESTMENT TABLE 4 Paddy Production

Maha Yala Total

Gross Net Produc- Yield Gross Net Produc- Yield Gross Net Produc- Yield Extent Extent tion per Extent Extent tion per Extent Extent tion per Year Sown Harvested ha. Sown Harvested ha. Sown Harvested ha. (ha. ’000) (ha. ’000) (mt ’000) (kg.) (ha. ’000) (ha. ’000) (mt ’000) (kg.) (ha. ’000) (ha. ’000) (mt ’000) (kg.)

2009 632 539 2,384 4,421 345 303 1,268 4,186 978 842 3,652 4,336 2010 646 574 2,630 4,583 419 376 1,671 4,444 1,065 950 4,301 4,527 2011 730 544 1,996 3,668 493 437 1,898 4,347 1,223 981 3,894 3,970 2012 702 611 2,717 4,444 365 272 1,129 4,145 1,067 883 3,846 4,353 2013 780 665 2,846 4,281 448 403 1,774 4,408 1,227 1,067 4,621 4,329 2014 651 521 2,236 4,222 313 272 1,145 4,204 964 793 3,381 4,264 2015 773 659 2,877 4,364 481 429 1,942 4,527 1,253 1,088 4,819 4,428 2016 (a) 756 667 2,903 4,349 385 344 1,517 4,417 1,141 1,011 4,420 4,372

(a) Provisional Source : Department of Census and Statistics

PRODUCTION, RAINFALL, INPUTS AND INVESTMENT TABLE 5 Rainfall and Rainy Days

2015 (a) 2016 (b) 2014 2015 2016 Area 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr

Rainfall (mm)

Anuradhapura 2,484 2,215 1,035 203 557 327 1,127 70 584 14 367 Bandarawela 1,808 2,015 862 292 571 263 890 159 342 103 258 Colombo 2,635 2,938 2,357 376 665 759 1,138 263 1,071 79 944 Hambantota 1,096 1,316 666 102 205 492 517 67 249 42 307 Katugastota 2,539 1,977 1,300 169 405 336 1,066 166 724 93 317 Nuwara Eliya 1,858 2,021 1,138 293 458 407 864 171 526 208 234 Ratnapura 4,711 3,462 2,833 380 887 910 1,285 422 1,428 427 555 Trincomalee 1,692 2,030 996 289 193 296 1,253 167 336 149 344

No. of Rainy Days Anuradhapura 138 131 76 18 37 17 59 14 30 2 30 Bandarawela 138 180 101 33 47 29 71 25 28 10 38 Colombo 211 209 133 29 60 52 68 20 54 15 44 Hambantota 108 118 74 11 33 33 41 8 29 7 30 Katugastota 220 192 131 23 53 50 66 17 55 25 34 Nuwara Eliya 225 207 154 25 55 62 65 22 52 42 38 Ratnapura 257 236 204 28 70 72 66 30 76 53 45 Trincomalee 124 110 73 27 13 11 59 14 8 14 38 (a) Revised Source : Department of Meteorology (b) Provisional

Central Bank of Sri Lanka w Bulletin w January 2017 w 9 PRODUCTION, RAINFALL, INPUTS AND INVESTMENT TABLE 6 Selected Industrial Production Indicators

Factory Electricity Usage in Industry (GWh) (b) Domestic Sales Selected Industry of Furnace Oil Industrial Period Production Small Medium Large in Industry Exports Index (a) Industry Industry Industry (’000 mt) (c) (US $ mn) (d)

2014 114.9 275.5 1,726.3 1,496.7 740.6 7,922.1 2015 (e) 125.4 291.0 1,823.1 1,504.1 408.4 7,643.2 2016 (f) 122.0 330.3 1,942.5 1,591.3 618.5 7,653.3

2015 (e) 1st Quarter 123.2 66.9 436.2 363.1 80.1 2,135.0 2nd Quarter 121.0 70.7 444.2 361.0 79.3 1,815.3 3rd Quarter 130.9 78.0 473.0 394.6 176.2 1,865.8 4th Quarter 126.6 75.4 469.7 385.4 72.8 1,827.1

2016 (f) 1st Quarter 122.5 79.0 464.3 390.3 146.2 2,091.4 2nd Quarter 116.1 80.5 477.1 373.7 118.1 1,780.8 3rd Quarter 124.5 86.8 501.7 403.4 137.7 1,930.9 4thQuarter 124.7 84.1 499.4 423.9 216.6 1,850.2

2015 (e) December 125.3 24.3 154.5 126.1 19.3 596.8

2016 (f) January 117.0 25.0 151.7 133.6 39.2 687.6 February 116.4 26.6 153.7 125.0 61.4 686.9 March 134.1 27.4 158.9 131.7 45.6 717.0 April 102.6 27.9 141.2 120.4 39.5 529.8 May 119.9 26.3 171.7 124.1 36.7 591.1 June 125.8 26.3 164.3 129.3 41.9 659.9 July 124.6 27.6 162.5 135.1 43.4 648.8 August 125.5 28.7 177.2 134.9 45.4 631.3 September 123.6 30.4 161.9 133.3 48.8 650.8 October 126.3 28.9 164.5 142.0 73.3 626.8 November 121.1 27.7 165.4 141.2 55.6 599.3 December 126.6 27.5 169.5 140.7 87.7 624.1

(a) Based on the monthly factory industry production survey and classified in accordance Sources : Central Bank of Sri Lanka with the International Standard Industrial Classification (ISIC) Revision 4 (2010 = 100). Ceylon Electricity Board (b) (1) Includes manufacturing and export processing industries. Small industry is defined as Ceylon Petroleum Corporation those units having supply of electricity at 400/230 volts and contract demand is less Sri Lanka Customs than 42 kVA, medium industry as supply of electricity at 400/230 volts and contract demand is equal or more than 42 kVA and large industry as supply of electricity at 11 kVA and above. (2) Figures include electricity consumption of hotels. (c) Sales other than to Ceylon Electricity Board. (d) Excluding petroleum exports. (e) Revised (f) Provisional

10 w Central Bank of Sri Lanka w Bulletin w January 2017 7 80.4 72.9 73.9 69.2 91.6 84.2 67.1 68.4 72.0 94.6 56.5 93.9 64.3 92.7 68.1 71.4 66.5 Metal 2010 = 100 136.9 104.2 103.3 121.3 109.8 Products Fabricated TABLE Central Bank of Sri Lanka 115.0 97.1 112.9 147.3 123.9 123.1 134.1 46.3 Basic Metal Products Source :

Other 118.8 108.9 114.4 143.7 117.1 136.5 132.0 148.0 106.4 101.4 123.5 126.4 133.4 157.6 140.8 143.2 121.0 141.3 132.8 150.8 150.1 132.8 137.6 138.8 141.9 130.9 122.3 107.5 108.5 139.1 164.9 137.7 153.0 132.7 164.4 140.1 171.8 127.5 136.6 121.7 155.7 102.9 Mineral Products Non-metallic Non-metallic (a) 94.3 145.4 152.4 131.3 134.8 134.2 Plastic Products Rubber and 76.0 98.3 133.1 94.5 147.5 85.3 99.7 147.2 94.3 146.3 88.3 77.4 138.2 78.4 131.7 87.1 125.6 89.6 55.0 136.7 99.2 144.5 73.3 147.2 69.5 136.5 38.5 132.9 87.5 148.9 79.2 126.5 38.9 128.3 79.3 137.6 130.9 112.8 103.5 140.0 Products Chemical Chemical and Chemical and 87.6 89.8 98.5 94.4 87.4 62.7 65.3 82.6 84.3 58.5 76.1 96.4 71.8 69.3 81.2 87.1 95.1 81.6 90.2 81.9 106.0 103.8 Refined Products Petroleum 163.4 164.5 173.4 181.7 147.7 64.3 64.0 82.2 149.5 86.0 Apparel Wearing 84.2 174.5 94.3 176.2 90.9 170.3 61.0 175.0 61.3 192.4 95.4 92.4 169.2 96.5 173.3 99.2 164.2 93.6 169.6 71.1 179.2 89.7 175.7 85.7 88.1 165.6 95.8 164.6 87.6 91.4 167.9 164.3 112.2 109.1 107.0 101.6 108.0 161.2 101.1 175.3 107.5 169.7 Tobacco Tobacco Products 95.5 93.4 98.7 95.7 96.0 99.6 111.5 111.8 110.5 117.2 105.9 102.0 123.1 106.6 128.7 121.9 124.7 122.5 103.6 106.6 151.0 105.2 102.2 109.8 Beverages Factory Industry Production Index of Major Industry Divisions Industry of Major Index Production Industry Factory 88.2 99.9 97.6 98.9 97.6 112.1 114.4 110.2 Food 107.5 106.9 104.0 108.2 107.8 107.6 107.3 103.9 106.0 102.7 108.7 105.3 105.1 108.1 102.6 102.3 Products 116.1 117.0 116.4 119.9 114.9 124.5 102.6 125.8 124.6 125.5 123.6 126.3 121.1 126.6 125.4 122.0 123.2 121.0 130.9 126.6 122.5 124.7 125.3 134.1 Index (FIPI) Overall

Period 3rd Quarter 2nd Quarter 3rd April May June July August September October November December 4th Quarter 4th December January February March 1st Quarter Quarter Quarter Quarter 1st 2nd Quarter 3rd 4th 1st

the International Standard Industrial Classification (ISIC) Revision 4. the International Standard Industrial Classification Based on the monthly factory industry production survey and classified in accordance with with accordance in classified and survey production industry factory monthly the on Based (a) (b) Revised (c) Provisional

(b) (c) 2015 2016 (c) (b) 2016 2015 (c) 2016 (b) 2014 2015 INVESTMENT AND INPUTS RAINFALL, PRODUCTION,

Central Bank of Sri Lankaw Bulletin w January 2017w 11 8 n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. TABLE Actual 490,675 484,675 as at end of Year as at end of Local Employment (No.) Local Employment : Board of Investment of Sri Lanka Source 91,381 96,268 81,536 93,947 96,268 70,054 89,101 84,999 82,910 85,775 81,075 84,793 (FOB) 281,597 255,423 896,899 195,422 223,629 238,216 239,632 271,426 253,684 105,097 810,848 (Rs. mn.) 1,062,131 Export Earnings Export Earnings (a)(b) 2,211 2,110 2,223 2,214 2,226 2,223 2,203 2,207 2,146 2,166 2,181 2,203 2,223 2,207 2,221 2,223 2,224 2,214 2,229 2,214 2,201 2,207 2,203 2,229 No. of Units in No. of Units in as at end of the period as at end of the Commercial Operation Commercial 0 2,145 8,173 11,652 42,399 61,193 21,416 23,622 16,375 223,434 253,555 220,733 739,271 461,315 145,865 441,064 Agreements (Rs. mn) 0 97,352 54,518 26,560 42,168 12,079 24,520 75,632 21,047 55,818 12,123 14,530 7,125 28,303 16,473 29,259 9,977 46,834 15,901 Total Envisaged Investment Envisaged Total 88,592 116,139 117,169 138,225 268,928 396,756 180,464 89,678 463,936 Approvals 1,340,719 1,049,324 0 394 4,371 1,165 1,331 6,126 5,854 6,680 2,884 2,812 3,541 1,553 1,287 2,539 65,850 98,579 94,496 61,969 19,994 58,151 520,127 447,022 Agreements (Rs. mn) 0 2,057 4,158 4,582 5,288 6,164 6,814 98,781 23,575 14,574 92,665 15,609 101,536 854,295 391,802 439,609 543,220 182,288 444,256 Approvals Foreign Envisaged Investment Foreign Envisaged 1,000,173 Investments, Exports and Employment in BOI Enterprises BOI in Employment Exports and Investments, 7 7 18,238 9 2,837 7 5,158 0 5 9 24 31 33 62,328 49 63,455 47 91 12 20,767 23 13 25 18 49 21 51,217 19 12,930 173 144 134 Agreements No. of Units 4 0 11 17 35 48 84 70 48 28 35 27 17 26 16 21 13 15 14 25 23 181 166 192 Approvals Quarter Quarter Quarter Quarter Quarter Quarter Period November December May July August 1st Quarter 2nd 3rd 4th January February 1st Quarter 2nd 3rd 4th December (c) (c) Law. (a) Projects approved under Section 17 of the BOI (b) Includes expanded projects. (c) Revised (d) Provisional n.a. – not available March April June September October 2016 (d) 2015 2016 (d) 2015 2016 (d) 2015 (c) 2014 INVESTMENT AND INPUTS RAINFALL, PRODUCTION,

12 w Central Bank of Sri Lankaw Bulletin w January 2017 9 10 592 657 737 670 823 812 842 849 938 635 428 621 661 5,705 4,242 2,183 1,676 Public 5,809 5,301 6,275 6,148 5,809 5,705 5,310 5,301 9,649 8,837 5,955 1,548 6,642 1,870 2,210 2,147 2,610 6,642 Booths LPG (MT) 28,116 Local Payphone TABLE Production TABLE – – – – – – – – – – – – – – – – – – – – – – – – (a) Avtur Ceylon Electricity Board Ceylon Petroleum Corporation Lanka IOC PLC Internet 4,004,911 4,004,911 4,090,920 4,920,554 3,586,475 3,799,205 4,090,920 4,202,247 4,232,291 4,560,973 4,920,554 3,396,295 3,396,295

Connections

Sources : – – – – – – – – – – – – – – – – – – – – – – – – Kerosene Telecommunications Regulatory Commission of Sri Lanka Regulatory Commission of Sri Telecommunications 119.56 119.56 119.56 128.71 135.73 121.29 124.28 125.99 128.71 128.16 128.72 134.10 135.73

- including Cellular - including Cellular Telephone Density Density Telephone Diesel 99,401 44,672 97,415 415,302 252,931 326,959 113,589 113,589 116,063 116,063 124,665 190,423 185,572 164,655 150,675 135,600 104,175 333,708 333,200 471,141 299,522 434,760 109,134 Petroleum 1,568,615 1,328,900 1,538,623 Refined Products Imports (MT) (Telephones per 100 persons) per (Telephones Source : Petrol 72,534 76,183 61,783 84,003 85,213 86,312 71,528 89,418 76,673 33,747 56,915 63,247 652,785 199,178 238,313 204,823 211,964 211,964 876,906 976,318 175,677 234,592 323,772 189,278 251,304 Mobile Cellular 24,384,544 22,720,142 23,380,756 23,771,580 24,384,544 24,568,745 24,695,535 25,869,563 Telephones 22,123,000 26,227,631 26,227,631 22,123,000 91,899 94,608 90,429 89,321 95,483 95,766 95,974 (MT) 471,669 355,195 368,884 192,611 192,611 191,211 276,511 276,511 185,916 566,934 371,803 456,261 384,068 472,893 281,548 185,296 Imports Crude Oil 1,823,987 1,762,682 1,685,025 3,114 3,401 3,262 13.05 12.41 12.03 12.92 12.77 12.61 12.41 12.28 12.25 12.09 12.03 13.05 1,211 1,112 1,112 1,082 1,214 1,144 1,243 1,219 1,198 1,168 1,176 1,197 1,151 3,313 3,440 3,489 3,652 3,568 1,144 Total 12,357 13,090 14,149 - Fixed lines Telephone Density Density Telephone (Telephones per 100 persons) per (Telephones 91 Telecommunication Services Telecommunication 54 39 56 82 64 428 237 375 115 120 129 160 173 103 103 427 184 389 338 249 1,217 1,467 1,160 NCRE (b) Electricity Generation and Petroleum Imports and Electricity Generation Coal 923 511 511 249 394 338 402 397 375 388 567 539 379 358 399 861 Phones 3,202 1,305 1,355 4,443 5,047 1,134 1,160 1,616 1,136 1,586,722 1,472,905 1,384,084 1,586,225 1,551,209 1,516,592 1,472,905 1,464,428 1,444,736 1,401,489 1,384,084 1,586,722 Units Generated (Gwh) Wireless Local Loop Wireless Local Fixed Access CDMA & Access CDMA Fixed Electricity 77 405 348 953 244 354 477 458 287 162 247 322 383 543 454 528 907 300 1,222 4,305 1,526 2,275 4,461 1,075 Fuel Oil 828 744 657 658 415 336 296 233 346 454 333 239 172 214 237 207 3,632 1,167 1,184 4,904 3,481 1,047 1,033 1,725 Hydro (a) Wireline Services 1,128,291 1,152,561 1,161,328 1,123,126 1,128,291 1,166,348 1,123,326 1,125,486 1,127,774 1,139,794 1,166,348 Telephones in in Telephones 1,123,126 3,975 3,932 3,937 3,839 3,785 3,847 (MW) 3,847 4,018 3,871 3,982 4,018 3,847 3,864 3,866 3,871 3,971 3,973 3,975 3,975 3,980 3,982 4,000 4,005 4,018 Installed Capacity Period 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr December January February March April May June July August September October November December 1st Qtr Qtr 2nd Qtr 3rd 4th Qtr 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Period AND HOUSING TRANSPORTATION ENERGY, COMMUNICATION, (a) Excluding mini hydro power plants (b) Refers to Non-Conventional Renewable Energy including mini hydro (c) Provisional 2016 (c) 2015 2016 (c) 2014 2015 2016 (c) 2015 2015 2016 (b) connections (b) Provisional (a) Including mobile internet 2014 2015 2016 (b) 2014 HOUSING AND TRANSPORTATION ENERGY, COMMUNICATION,

Central Bank of Sri Lankaw Bulletin w January 2017w 13 11 2,928 2,957 7,459 7,561 7,670 3,026 2,660 2,917 3,222 8,235 8,417 8,418 8,808 2,608 2,626 2,996 2,860 2,922 9,078 2,765 2,840 29,540 30,925 34,720 Loaded MT ‘000 MT TABLE Total Cargo Total 4,114 4,114 4,665 4,402 4,025 4,377 4,540 4,184 3,889 4,305 4,414 4,430 4,322 4,315 11,019 11,277 12,050 12,310 12,614 12,717 13,210 13,259 44,870 46,654 51,799 MT ‘000 MT Discharged National Transport Commission National Transport Sri Lanka Transport Board Transport Sri Lanka Sri Lanka Railways Authority Sri Lanka Ports

Total 511,094 511,094 481,738 501,279 433,991 480,686 516,984 442,815 439,577 482,397 470,336 486,610 459,104 471,127 Sources : 1,255,394 1,249,466 1,297,282 1,383,325 1,399,960 1,385,804 1,479,442 1,469,717 4,907,915 5,185,467 5,734,923 4,999 5,909 5,892 6,514 9,453 6,806 7,487 3,930 7,786 8,900 9,057 4,338 6,228 15,213 20,259 21,920 21,783 14,177 18,634 20,862 26,139 81,220 79,175 79,812 Re-stowing Port Services (a) Port Services 360,337 383,150 336,308 362,771 395,206 389,691 935,304 947,571 960,569 325,293 331,195 365,581 360,823 359,844 347,758 362,597 Trans- shipment 1,044,877 1,062,103 1,061,676 1,109,872 1,121,610 3,888,321 3,699,710 4,355,261 Container Throughput (TEUs) Container 91,791 111,401 111,401 116,402 116,402 112,220 112,220 112,325 114,597 110,035 110,035 117,709 104,452 304,877 281,636 316,665 314,793 323,680 305,494 348,708 109,030 100,613 107,008 102,302 321,968 (Imp.+ Exp.) 1,217,971 1,126,985 1,299,850 Domestic 403 403 428 401 409 440 438 413 422 427 410 393 404 Ship No. of 1,139 1,176 1,213 1,200 1,258 1,220 1,229 1,291 4,728 4,264 4,998 Arrivals 9,784 12,112 35,512 12,009 11,136 11,136 11,854 11,854 12,117 11,820 10,846 32,201 32,699 35,623 29,499 31,826 34,777 12,367 10,187 12,530 13,145 37,792 10,490 130,022 130,431 139,908 Cargo Tonnes Cargo 628,053 713,946 610,433 603,169 630,527 622,760 590,731 553,097 579,244 643,830 667,826 612,126 671,321 1,853,981 7,407,386 7,413,116 7,413,116 1,763,612 1,740,942 1,855,462 2,047,370 1,723,072 1,912,281 1,923,782 6,841,966 Passenger Sri Lanka Railways Passenger Transportation and Port Operations and Transportation Passenger 954 991 982 989 997 944 977 2,968 2,927 1,007 1,018 1,008 1,019 1,016 1,016 2,903 2,940 3,002 2,952 3,009 3,016 11,797 11,075 11,921 Operated

4,088,511 4,088,511 1,397,395 1,354,907 1,273,657 1,340,079 1,272,083 1,248,257 1,281,348 1,348,421 1,416,169 1,323,920 1,369,477 1,507,806 1,365,362 3,968,644 3,801,689 4,242,646 3,529,289 3,706,423 3,967,527 4,007,077 Passenger 12,717,358 15,210,316 16,101,490 Sri Lanka Transport Board Transport 38,971 38,640 35,944 38,683 35,457 37,107 37,194 38,676 38,487 37,379 38,437 37,291 38,490 114,541 114,541 115,428 115,428 kms.’000 kms.’000 kms.’000 kms.’000 kms.’000 Operated 113,266 114,218 114,226 114,226 109,758 102,877 107,871 371,236 440,403 451,784

October November December 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter December January February March April May June July August September 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Period Ports of Colombo, Galle, Trincomalee and Magam Ruhunupura Mahinda Rajapaksa Port and South Asia Gateway Terminals Ltd. Terminals Asia Gateway and Magam Ruhunupura Mahinda Rajapaksa Port and South Trincomalee Ports of Colombo, Galle, HOUSING AND TRANSPORTATION ENERGY, COMMUNICATION, TEUs = Twenty-foot Equivalent Container Units Equivalent Twenty-foot TEUs = (a) (b) Provisional (c) Estimates

2016 (b) 2015 2016 (b) 2014 2015 2016 (b) 2015

14 w Central Bank of Sri Lankaw Bulletin w January 2017 12 36,225 57,356 31,703 42,452 47,101 44,977 36,017 42,189 41,690 44,640 47,383 46,150 32,801 Total 119,896 155,374 177,275 128,303 429,556 668,907 493,328 158,781 177,477 106,956 138,173 TABLE 476 550 806 982 Department of Motor Traffic Department of Motor Other Land Vehicles Source : Hand 1,188 518 1,197 584 1,380 887 Tractors Land Vehicles

987 1,249 966 Tractors

410 308 193 113 1,367 552 1,077 1,926 402 1,806 1,120 467 1,300 1,558 660 1,787 Others (b)

Goods Transport 994 764 242 438 173 416 400 331 358 135 256 396 261 446 164 371 277 438 257 294 153 497 374 356 423 201 393 357 328 471 279 302 340 349 565 240 376 269 310 515 244 571 448 341 539 235 564 518 313 575 227 815 592 328 463 198 408 584 295 345 103 298 1,589 1,281 2,003 5,067 2,012 3,851 1,270 4,299 5,678 2,128 5,356 1,786 5,261 5,024 3,662 5,271 2,292 484 1,154 342 932 1,332 490 925 1,149 402 1,551 763 1,577 Lorries 85,465 97,198 86,642 32,604 21,823 30,532 24,426 32,707 29,509 25,415 29,660 29,053 31,121 32,310 31,348 97,768 74,580 84,128 94,779 22,225 90,458 Motor Cycles 272,885 370,889 340,129 Duel 3,288 1,739 2,004 1,832 2,196 2,699 2,075 2,532 2,429 2,696 2,842 2,013 8,666 5,573 7,036 1,830 11,099 10,014 20,799 39,456 26,887 New Registration of Motor Vehicles Motor of New Registration Purpose (a) 2,939 4,053 4,158 5,798 7,213 3,646 4,561 4,541 4,537 5,552 6,542 3,405 Three 11,053 33,292 9,677 32,560 17,169 6,727 79,038 56,945 35,106 28,589 10,397 12,748 16,631 7,551 Wheelers 129,547 Passenger Transport 9,795 8,089 3,480 4,003 4,337 4,518 3,585 2,937 3,346 3,512 3,916 4,030 4,028 3,480 Cars Motor 11,974 21,155 30,662 12,440 38,780 45,172 35,271 18,540 10,963 105,628

673 724 876 638 674 289 242 222 171 243 224 207 220 246 243 201 230 700 236 3,851 4,140 2,685 1,008 1,532 Buses

Qtr Qtr Qtr Qtr 4th Qtr 3rd 4th December February March April May June July August September October November December Qtr Qtr 2nd 3rd Qtr 4th 2nd January 1st 1st Period (c) (c)

HOUSING AND TRANSPORTATION ENERGY, COMMUNICATION, (a) Including single cabs purpose vehicles (b) Including other goods transport vehicles and special (c) Provisional

2015 2016 (c) 2016 2015 2016 2014 2015

Central Bank of Sri Lankaw Bulletin w January 2017w 15 13 111.6 119.0 112.4 115.0 116.9 113.1 Index (1995 = 100) TABLE All Buildings No. 130.1 3,911 Central Bank of Sri Lanka 15,026 13,477 106.7 14,189 Source : 67.3 3,138 104.4 85.0 100.8 72.3 3,032 86.4 3,459 78.2 3,516 142.6 87.6 4,289 82.2 3,821 127.1 69.7 73.3 3,357 83.0 3,783 125.8 85.4 74.2 104.9 77.4 3,155 88.2 3,400 Index 336 361 3,831 127.4 507 101.6 431 390 437 410 348 366 414 386 440 No. Other Building Approvals Other Building All 111.7 119.3 1,685 110.7 1,464 119.4 110.4 118.0 (a) sq. ft. > 2,000

120.7 215.1 116.6 124.6 230.2 115.4 125.3 1,677 236.4 116.8 208.3 115.1 183.0 112.9 sq. ft. Housing Approval Index Housing 1,000–2,000 192.4 106.5 31.2 101.0 241.7 132.5 36.0 126.2 35.6 35.2 283.3 153.6 51.0 136.4 36.3 123.1 257.1 136.0 36.8 126.8 272.0 142.1 23.5 104.2 239.0 33.3 109.2 272.6 134.3 24.3 100.0 218.4 35.7 201.0 31.8 108.9 242.0 26.7 105.0 35.4 37.8 sq. ft. < 1,000

Total 3,411 11,792 13,349 12,725 Greater Colombo Housing Approval Index Approval Housing Colombo Greater 3,028 1,611 sq. ft. > 2,000 976 1,636 2,802 2,671 986 1,441 sq. ft. No. of Housing Approvals No. of Housing 1,000–2,000

1,724 3,126 276 1,126 2,122 3,852 399 1,331 284 1,201 1,926 288 1,238 2,037 3,563 184 1,017 1,790 2,991 261 1,066 2,042 3,369 190 7,505 923 4,297 244 1,810 3,324 282 1,232 279 1,138 1,560 2,960 277 1,123 1,371 2,769 296 1,102 6,233 1,101 4,458 7,332 1,236 4,781 sq. ft. < 1,000

Period 2nd Quarter Quarter Quarter 2nd Quarter 3rd Quarter 4th Quarter Quarter 1st 2nd 3rd 4th 2nd Quarter Quarter Quarter 2nd 3rd 4th 1st Quarter 1st 1st Quarter 1st

7 Urban Councils (Wattala-Mabole, Peliyagoda, Panadura, Horana, Kesbewa, Maharagama and Boralesgamuwa) and 7 Urban Councils (Wattala-Mabole, Horana, Panadura Attanagalla,Wattala-Mabole, 8 Pradesheeya Sabhas (Homagama, Kotikawatta-Mulleriyawa, Kelaniya, and Mahara). Includes 5 Municipal Councils (Colombo, Dehiwala-Mount Sri Jayawardenepura, Lavinia, Moratuwa and Kaduwela), HOUSING AND TRANSPORTATION ENERGY, COMMUNICATION, (a) 2015 2016 2014 2015 2016 2014

16 w Central Bank of Sri Lankaw Bulletin w January 2017 PRICES AND WAGES TABLE 14

National Consumer Price Index (NCPI)(a) Base 2013 = 100

Commodities and Weights

Period (b) All Items Food and Non-Alcoholic Beverages Alcoholic Beverages and Tobacco Clothing and Footwear Housing, Water, Gas and Electricity, Other Fuels Furnishing, H/H Equip- ment and Routine Maintenance of the House Health Transport Communication Recreation and Culture Education Restaurants and Hotels Miscellaneous Goods and Services

Weights (100%) (44.0%) (2.3%) (3.4%) (18.0%) (3.3%) (4.1%) (9.8%) (2.3%) (1.6%) (2.8%) (3.9%) (4.5%)

2014 Average 105.5 105.2 110.5 103.2 110.1 103.6 105.4 102.7 103.7 101.5 104.1 104.2 101.5 2015 ” 109.5 110.7 129.8 110.5 114.7 108.7 114.8 92.8 103.8 106.4 112.3 104.8 103.8 2016 ” 113.8 114.1 158.5 114.5 114.8 113.1 128.0 97.6 110.9 109.4 115.0 106.7 114.8

2015 1st Quarter 109.8 112.9 124.1 105.1 114.8 105.8 112.0 93.1 103.8 104.2 111.0 105.4 101.1 2nd Quarter 108.0 108.4 124.6 111.4 114.7 108.5 114.1 90.9 103.8 104.7 111.2 104.7 102.6 3rd Quarter 108.6 108.3 130.7 112.4 114.7 109.6 116.0 92.8 103.8 108.1 112.5 104.2 103.2 4th Quarter 111.5 113.2 139.8 112.9 114.5 110.6 116.9 94.5 103.8 108.8 114.5 104.7 108.3

2016 1st Quarter 110.9 111.2 144.2 113.2 114.4 111.7 117.1 95.0 103.8 108.8 114.6 104.8 111.7 2nd Quarter 113.8 114.6 154.5 114.0 114.7 112.6 127.9 96.9 115.4 109.3 114.6 105.8 113.0 3rd Quarter 114.0 114.0 157.3 115.0 114.9 113.6 129.8 98.9 108.2 108.9 115.0 107.8 116.2 4th Quarter 116.4 116.6 177.8 116.0 115.2 114.6 137.1 99.5 116.2 110.5 115.8 108.5 118.3

2015 December 113.2 116.5 142.7 113.0 114.2 111.5 117.0 95.6 103.8 108.8 114.6 104.8 110.8

2016 January 112.0 113.8 143.0 113.7 114.2 111.5 117.0 95.1 103.8 108.8 114.6 104.8 110.8 February 110.8 110.8 143.2 112.9 114.6 111.9 117.1 95.0 103.8 108.8 114.6 104.8 112.1 March 110.0 108.9 146.5 112.9 114.5 111.8 117.1 95.0 103.8 108.8 114.6 104.9 112.1 April 111.6 111.3 157.8 113.5 114.6 112.3 117.1 96.9 103.8 108.8 114.6 105.0 112.2 May 113.7 113.6 154.0 113.9 114.7 112.6 133.3 96.9 121.2 109.5 114.6 105.1 113.1 June 116.1 119.0 151.7 114.6 114.9 112.9 133.3 96.9 121.3 109.5 114.6 107.3 113.7 July 115.2 117.1 152.1 114.6 114.9 113.2 130.9 97.8 112.9 109.1 114.6 107.6 115.5 August 113.3 112.4 157.0 114.9 114.9 113.7 129.2 99.4 105.9 108.8 114.6 107.9 116.4 September 113.5 112.6 162.8 115.4 114.9 113.8 129.2 99.4 105.9 108.8 115.8 108.0 116.7 October 114.7 114.6 171.9 115.6 114.9 113.9 129.2 99.4 105.9 109.3 115.8 108.1 117.2 November 116.6 115.9 183.9 116.0 115.3 114.6 141.1 99.4 121.3 112.3 115.8 108.1 118.8 December 118.0 119.2 177.6 116.3 115.3 115.4 141.1 99.6 121.3 109.8 115.8 109.3 118.8

Source : Department of Census and Statistics

(a) The Department of Census and Statistics (DCS) released a new consumer price index on November 23, 2015. Since 1953, the Colombo Consumer's Price Indices which were rebased in 2002 and 2006/07 periods served as the official consumer price index in Sri Lanka. The Colombo Consumer's Price Index (CCPI) (2006/07=100) covered only the behavior of prices observed in the Colombo urban areas. The National Consumer Price Index (NCPI) (2013=100), is computed covering all provinces in the country. (b) Annual and quarterly figures are averages of monthly indices.

Central Bank of Sri Lanka w Bulletin w January 2017 w 17 PRICES AND WAGES TABLE 15

Colombo Consumer Price Index (CCPI)(a) Base 2013 = 100

Commodities and Weights

Period (b) All Items Food and Non-Alcoholic Beverages Alcoholic Beverages and Tobacco Clothing and Footwear Electricity, Housing, Water, Gas and Other Fuels Furnishing, H/H Equipment and Routine Maintenance of the House Health Transport Communication Recreation and Culture Education Restaurants and Hotels Miscellaneous Goods and Services

Weights (100%) (28.2%) (1.0%) (2.3%) (32.0%) (2.5%) (4.4%) (10.6%) (3.3%) (1.3%) (5.9%) (5.1%) (3.3%)

2014 Average 105.1 104.3 111.1 100.9 108.9 102.2 104.1 101.7 103.5 101.4 103.6 101.2 101.5 2015 ” 107.4 110.0 127.3 111.9 110.3 107.5 111.7 91.1 103.5 105.3 107.4 104.5 103.5 2016 ” 111.7 116.7 153.8 119.2 110.1 107.8 126.0 92.9 110.0 107.4 112.8 107.2 118.5

2015 1st Quarter 106.7 111.0 123.3 100.8 110.2 104.3 107.9 91.7 103.5 104.0 104.8 101.8 100.5 2nd Quarter 106.5 107.7 123.3 111.9 110.6 108.1 112.9 89.6 103.5 104.3 104.8 105.4 101.5 3rd Quarter 107.5 109.4 123.8 117.7 110.4 108.5 112.9 90.8 103.5 106.4 108.5 105.4 102.1 4th Quarter 108.9 112.1 138.7 117.3 110.2 108.9 112.9 92.3 103.5 106.4 111.6 105.4 109.9

2016 1st Quarter 109.3 113.2 145.9 118.3 110.1 106.9 112.9 91.5 103.5 106.3 111.7 105.4 114.1 2nd Quarter 111.4 116.5 147.1 119.6 110.2 107.4 124.4 92.6 114.6 107.5 111.7 105.4 116.9 3rd Quarter 112.6 119.4 146.4 118.8 110.1 108.1 129.3 93.2 108.1 107.2 112.5 108.1 120.7 4th Quarter 113.5 117.8 175.8 120.0 110.2 108.6 137.5 94.2 114.0 108.5 115.4 109.8 122.3

2015 December 109.8 113.9 145.4 117.7 110.0 109.4 112.9 94.6 103.5 106.4 111.7 105.4 113.7

2016 January 110.0 115.3 145.4 120.6 110.1 107.1 112.9 92.0 103.5 106.4 111.7 105.4 113.7 February 109.3 113.3 145.5 117.2 110.1 107.0 112.9 91.3 103.5 106.4 111.7 105.4 114.3 March 108.6 110.9 146.7 117.2 110.0 106.7 112.9 91.3 103.5 106.2 111.7 105.4 114.3 April 109.5 113.4 147.6 117.1 110.0 107.2 112.9 92.6 103.5 106.2 111.7 105.4 115.8 May 111.5 115.2 147.2 121.2 110.2 107.3 130.2 92.6 120.1 108.2 111.7 105.4 117.1 June 113.2 121.0 146.4 120.6 110.3 107.6 130.2 92.6 120.1 108.2 111.7 105.4 117.7 July 113.9 123.8 145.5 118.1 110.2 107.8 129.9 92.8 113.6 107.7 111.7 108.1 120.4 August 112.1 118.2 146.7 119.2 110.1 108.0 129.0 93.0 105.4 106.9 111.7 108.1 120.5 September 111.8 116.3 147.0 119.0 110.1 108.4 129.0 93.8 105.4 106.9 114.2 108.1 121.3 October 112.1 117.0 158.9 118.6 110.1 108.4 129.0 93.8 105.4 107.3 114.2 108.1 122.1 November 113.6 117.7 184.5 120.6 110.3 108.6 140.0 94.0 116.4 109.3 114.2 108.1 122.4 December 114.7 118.6 184.1 120.9 110.2 108.9 143.6 94.8 120.1 108.8 117.9 113.3 122.4

Source : Department of Census and Statistics

(a) The Department of Census and Statistics (DCS) released a rebased Colombo Consumer Price Index on January 31, 2017. The Index is based on Household Income and Expenditure Survey (HIES) conducted in 2012/13. The weights are based on the consumption pattern of the urban households within the Colombo district. The total basket value (at 2013 prices) was Rs. 60,364.74. (b) Annual and quarterly figures are averages of monthly indices.

18 w Central Bank of Sri Lanka w Bulletin w January 2017 PRICES AND WAGES TABLE 16

Colombo Consumer Price Index (CCPI)(a) Base 2006/07 = 100

Commodities and Weights

Period (b) All Items Food and Non-Alcoholic Beverages Clothing and Footwear Housing, Water, Gas and Electricity, Other Fuels Furnishing, H/H Equip- ment and Routine Maintenance of the House Health Transport Communication Recreation and Culture Education Miscellaneous Goods and Services

Weights (100%) (41.0%) (3.1%) (23.7%) (3.6%) (3.2%) (12.3%) (4.8%) (1.5%) (3.9%) (2.9%)

2014 Average 179.9 202.5 171.4 152.7 151.9 273.1 198.9 93.9 153.8 143.3 146.8 2015 ” 181.5 212.4 195.3 138.2 164.4 311.4 182.9 94.0 161.6 148.1 154.2 2016 188.3 221.7 207.7 138.0 170.7 345.6 187.1 100.5 166.9 155.2 160.8

2015 1st Quarter 180.1 213.5 176.6 137.7 156.0 288.8 185.1 94.0 155.2 143.8 151.5 2nd Quarter 180.0 208.9 195.6 139.2 165.4 318.9 180.0 94.0 157.0 143.8 154.1 3rd Quarter 182.0 211.3 205.0 138.7 168.0 318.9 183.2 94.0 166.8 150.7 155.3 4th Quarter 184.0 216.0 204.2 137.3 168.3 318.9 183.2 94.0 167.5 154.2 155.8

2016 1st Quarter 183.5 214.9 204.5 137.8 168.5 318.9 183.2 94.0 167.5 154.2 156.4 2nd Quarter 188.4 221.9 206.8 138.0 170.3 344.8 186.8 104.4 167.5 154.2 159.5 3rd Quarter 190.2 224.9 208.2 138.2 171.7 355.4 188.6 99.6 167.2 154.5 162.1 4th Quarter 191.1 225.1 211.2 138.2 172.3 363.2 189.7 104.1 165.4 157.8 165.4

2015 December 185.2 219.3 204.3 137.5 168.6 318.9 183.2 94.0 167.5 154.2 155.9

2016 January 184.9 218.1 207.3 137.9 168.6 318.9 183.2 94.0 167.5 154.2 155.9 February 183.8 215.8 203.3 137.9 168.4 318.9 183.2 94.0 167.5 154.2 156.6 March 181.7 210.9 202.9 137.5 168.5 318.9 183.2 94.0 167.5 154.2 156.6 April 184.1 215.6 201.5 137.5 169.3 318.9 186.8 94.0 167.5 154.2 159.0 May 188.5 220.4 209.8 138.1 170.4 357.7 186.8 109.3 167.5 154.2 159.0 June 192.5 229.8 209.1 138.5 171.1 357.7 186.8 109.8 167.5 154.2 160.5 July 192.9 231.2 206.8 138.3 171.1 356.9 187.2 106.4 168.0 154.5 161.2 August 189.1 222.6 208.9 138.1 171.7 354.7 189.0 96.2 168.0 154.5 161.5 September 188.5 221.0 209.0 138.1 172.2 354.7 189.7 96.2 165.7 154.5 163.5 October 189.7 223.8 208.9 137.8 172.3 354.7 189.7 96.2 168.1 154.8 164.7 November 190.9 223.9 212.5 138.5 172.8 365.7 189.7 106.4 168.3 154.9 165.7 December 192.8 227.6 212.3 138.2 171.7 369.2 189.7 109.8 159.9 163.7 165.7

Source : Department of Census and Statistics

(a) The Index was based on Household Income and Expenditure Survey (HIES) conducted in 2006/07. The weights are based on the consumption pattern of the urban households within the Colombo district. The total basket value (at 2006/07 prices) was Rs. 27,972.11. (b) Annual and quarterly figures are averages of monthly figures.

Central Bank of Sri Lanka w Bulletin w January 2017 w 19 Investment (4.2) 5,928.5 6,837.9 7,503.1 6,005.1 7,616.0 6,793.8 6,837.9 6,992.3 7,100.3 7,104.1 7,363.8 7,363.8 7,503.1 7,594.2 7,659.5 6,251.0 7,287.9 6,078.9 6,365.8 6,554.3 6,889.3 7,189.4 7,456.7 7,594.2

1974 = 100 Intermediate TABLE TABLE 17

No. II

(20.5) 5,370.3 4,130.7 4,330.2 4,451.6 4,370.3 4,237.1 4,199.4 4,221.9 4,320.6 4,377.6 4,433.7 4,421.1 4,337.1 4,391.4 4,409.3 4,276.8 4,323.6 4,213.4 4,226.6 4,215.6 4,184.0 4,377.3 4,362.8 4,310.1 Consumer Central Bank of Sri Lanka

(75.3)

4,876.8 5,351.1 5,381.3 5,187.2 5,536.1 5,447.6 5,407.2 5,340.3 5,462.7 5,501.9 5,485.9 5,358.0 5,315.7 5,527.0 5,630.4 5,224.2 5,434.4 5,187.8 5,137.5 5,384.1 5,366.2 5,483.5 5,351.7 5,450.9 Exports Source: (22.5)

8,782.4 9,214.8 9,155.8 9,279.5 9,817.3 9,369.5 9,248.4 9,245.1 9,443.5 9,320.2 9,147.1 8,844.6 8,951.8 9,851.5 9,190.6 9,335.3 9,239.7 8,958.7 9,284.4 9,236.1 9,303.6 8,984.1 9,475.3 SECTOR - WISE SECTOR

10,125.2 Imports

No. I (27.2)

4,516.5 3,717.6 3,786.6 3,740.9 3,827.8 3,712.5 3,723.6 3,807.9 3,697.4 3,701.9 3,693.2 3,786.2 3,759.0 3,820.5 3,879.1 3,731.3 3,763.1 3,677.3 3,768.3 3,738.7 3,749.7 3,697.5 3,777.3 3,783.7 Domestic (50.3)

3,611.4 3,611.4 4,130.0 4,301.1 3,904.7 4,240.1 4,247.7 4,223.8 4,101.5 4,305.0 4,440.1 4,542.8 4,431.3 4,312.0 4,221.8 4,235.2 3,954.2 4,292.3 3,866.8 3,897.3 4,147.9 4,151.8 4,429.3 4,348.1 4,263.2

Miscellaneous

7,011.1 7,011.1 8,119.2 7,801.3 7,702.6 8,359.5 7,267.7 7,229.4 7,287.0 7,870.0 8,021.0 8,334.1 8,179.8 8,007.1 8,566.6 8,474.1 7,356.5 7,928.1 7,169.5 7,285.5 7,268.3 7,175.8 8,075.0 8,102.0 8,037.8 Fuel & Light & Fuel (1.8) (4.8)

8,117.0 8,117.0 6,904.3 6,799.7 7,791.9 8,001.1 8,203.0 8,053.3 8,136.9 8,020.6 8,564.6 8,160.5 7,518.0 7,668.5 7,909.8 7,807.4 7,451.3 7,336.3 7,967.6 7,323.6 7,330.4 7,891.7 8,131.1 8,248.6 7,698.7 Machinery (1.3)

1,581.8 1,580.7 1,519.5 1,507.6 1,507.6 1,507.6 1,507.6 1,507.6 1,519.5 1,519.5 1,519.5 1,519.5 1,519.5 1,519.5 1,519.5 1,538.5 1,515.6 1,579.3 1,491.6 1,502.3 1,507.6 1,515.6 1,519.5 1,519.5 Supplies

Appliances & & Appliances Electrical Electrical (1.0)

1,593.1 1,575.9 1,575.9 1,575.9 1,575.9 1,575.9 1,575.9 1,575.9 1,575.9 1,575.9 1,575.9 1,575.9 1,575.9 1,575.9 1,575.9 1,575.9 1,575.9 1,575.9 1,575.9 1,575.9 1,575.9 1,575.9 1,575.9 1,575.9

Equipment Transport (0.8)

3,477.6 3,497.0 3,382.0 3,382.0 3,382.0 3,382.0 3,382.0 3,382.0 3,382.0 3,382.0 3,382.0 3,382.0 3,382.0 3,382.0 3,382.0 3,423.5 3,382.0 3,433.2 3,382.0 3,382.0 3,382.0 3,382.0 3,382.0 3,382.0

Products Metal (0.9)

1,639.3 1,593.5 1,540.8 1,540.8 1,540.8 1,540.8 1,540.8 1,540.8 1,540.8 1,540.8 1,540.8 1,540.8 1,540.8 1,540.8 1,540.8 1,564.4 1,540.8 1,572.1 1,551.2 1,540.8 1,540.8 1,540.8 1,540.8 1,540.8

roducts P Non-metallic

Wholesale Price Index Wholesale 11,861.6 11,861.6 12,064.8 15,921.3 13,999.0 14,102.6 14,102.6 14,465.5 14,719.5 14,719.5 15,329.7 15,329.7 15,656.0 15,656.0 15,870.1 16,023.6 12,688.6 15,153.8 12,250.0 12,999.6 13,440.1 14,223.6 14,922.9 15,547.3 15,870.1

Products Petroleum

7,286.4 7,003.8 7,003.8 7,003.8 7,003.8 7,003.8 7,003.8 7,003.8 7,003.8 7,003.8 7,003.8 7,003.8 7,003.8 7,003.8 7,074.5 7,003.8 7,003.8 7,003.8 7,003.8 7,003.8 7,003.8 7,003.8 7,003.8

10,037.0

COMMODITY - WISE COMMODITY Products Chemical Chemicals & Chemicals (5.2) (6.4) (1.8)

1,767.0 1,789.9 1,790.6 1,790.6 1,790.6 1,790.6 1,790.6 1,790.6 1,790.6 1,790.6 1,790.6 1,790.6 1,790.6 1,790.6 1,790.6 1,790.4 1,790.6 1,790.3 1,790.6 1,790.6 1,790.6 1,790.6 1,790.6 1,790.6

Products Paper (1.4)

1,360.0 1,369.8 1,327.7 1,327.7 1,327.7 1,327.7 1,327.7 1,327.7 1,327.7 1,327.7 1,327.7 1,327.7 1,327.7 1,327.7 1,327.7 1,352.2 1,327.7 1,369.8 1,341.7 1,327.7 1,327.7 1,327.7 1,327.7 1,327.7

Footwear Textile & Textile (4.0)

1,103.1 1,103.1 1,103.1 1,103.1 1,103.1 1,103.1 1,103.1 1,068.5 1,073.7 1,103.1 1,103.1 1,103.1 1,103.1 1,103.1 1,103.1 1,078.6 1,103.1 1,073.7 1,073.7 1,093.3 1,103.1 1,103.1 1,103.1 1,103.1

Drinks Alcoholic

8,695.8 8,748.0 9,318.3 9,269.7 9,296.5 9,362.2 9,221.5 7,173.9 7,728.2 9,301.2 8,610.0 8,627.2 8,673.2 8,690.2 8,710.1 7,931.4 8,994.4 7,741.5 7,759.1 8,496.8 8,663.5 8,718.0 9,294.8 9,319.8 Food

(67.8) (2.9)

5,323.7 5,309.3 5,167.2 5,105.1 5,160.5 5,309.1 5,451.3 4,768.0 5,079.3 5,330.5 5,292.5 5,232.9 5,167.2 5,160.4 5,287.3 5,090.1 5,242.1 5,058.6 4,998.7 5,223.6 5,186.8 5,306.8 5,144.3 5,231.0 All Items All (100.0) 5,072.7 5,025.2 5,002.0 5,193.3 5,187.4 5,327.9 5,236.8 5,306.5 5,338.3 5,348.5 5,249.7 5,206.4 5,254.4 5,380.4 5,464.7 5,070.5 5,383.9 5,255.5 5,219.2 5,162.9 5,179.9 5,296.9 5,284.0 5,022.1

May June July August September October November December 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter December January February March April Average ” ” Period (a) Annual and quarterly figures are averages of monthly figures. Annual and quarterly figures are averages of monthly (a) (b) Provisional.

2015 2016 (b) 2015 2016 (b) Weights 2014 2015 2016 (b) PRICES PRICES AND WAGES

20 w Central Bank of Sri Lankaw Bulletin w January 2017 Fish Rs. per kg 511.00 434.46 454.54 504.17 475.17 497.83 489.33 444.00 487.50 522.00 477.50 526.00 492.50 467.50 508.00 508.88 407.50 431.33 537.33 527.50 518.00 530.00 560.00 490.00 Kelawalla TABLE 18 TABLE nut) Central Bank of Sri Lanka 38.53 41.30 43.92 35.28 35.76 28.83 42.64 36.90 36.75 29.10 27.88 32.10 39.88 43.63 44.40 34.63 46.29 39.69 31.30 36.13 34.40 33.17 31.63 26.50 Coconut (per Source : Dried Chillies 192.74 246.99 218.25 247.42 307.13 299.33 261.00 309.00 315.63 320.00 300.00 298.00 286.25 258.75 238.00 293.95 217.53 304.75 308.33 293.75 312.00 300.00 305.00 300.00 97.29 97.00 98.33 Potatoes 119.38 117.50 117.50 104.25 107.10 101.75 109.96 106.71 132.46 128.33 123.00 105.63 144.30 134.38 105.50 107.50 125.00 152.50 121.89 120.04 157.50 (Nuwara-Eliya) Big 62.11 62.11 64.58 76.64 61.07 74.37 82.67 88.43 49.37 64.77 73.53 61.80 51.13 40.25 56.80 64.17 61.00 57.00 63.38 68.30 67.50 72.50 80.60 60.72 62.63 Onions Red 79.10 90.82 75.60 96.04 94.58 68.61 86.37 94.44 88.33 57.50 60.00 70.00 63.12 83.50 87.50 97.50 98.33 Onions 113.83 112.50 102.22 142.67 175.00 130.62 141.50 37.46 49.88 60.48 95.83 27.50 35.42 40.75 64.17 52.72 90.67 34.38 41.00 50.00 97.50 45.00 31.67 47.50 79.00 67.50 44.50 33.75 34.38 35.00 160.00 Pumpkins 89.40 89.07 75.96 47.08 63.00 44.21 79.25 41.75 50.00 40.63 42.00 41.25 44.00 46.25 32.50 46.50 136.68 109.50 138.61 136.00 103.33 162.50 150.00 152.50 Tomatoes 60.96 79.35 76.57 57.50 48.50 85.50 90.00 30.46 85.00 64.00 60.00 95.00 70.00 55.00 38.13 26.25 27.00 103.75 107.67 100.33 138.00 107.50 146.00 145.00 Cabbages Beans 111.38 111.38 116.50 115.00 114.00 159.29 147.72 195.83 126.67 198.17 127.67 169.94 138.83 154.42 246.00 160.00 108.00 123.33 222.50 164.00 180.00 122.50 146.25 165.00 152.00 Wholesale Prices of Selected Food Items at Pettah Market Items at Pettah Food Selected Prices of Wholesale Rice 58.13 71.70 61.40 63.25 57.00 50.80 52.00 53.25 55.00 54.50 58.50 61.40 68.00 70.50 76.60 67.18 66.48 60.07 77.10 67.84 59.99 61.00 57.02 53.42 Kekulu

Rice

83.11 83.11 77.04 82.00 80.80 87.73 84.33 84.07 90.20 89.50 84.00 79.50 76.67 78.25 79.80 79.38 76.25 75.50 80.00 85.00 87.20 78.17 80.92 81.92 78.24 Samba

” ” 3rd Quarter 4th Quarter December January February March April May June July August Septermber October November December Average 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter Period (a) (a) Annual and quarterly figures are averages of monthly figures. Annual (a) (b) Provisional

2015 2016 (b) 2016 (b) 2015 2016 (b) 2014 2015 PRICES AND AND PRICES WAGES

Central Bank of Sri Lankaw Bulletin w January 2017w 21 Rupees 42.54 39.47 36.04 40.71 45.14 43.44 42.45 41.73 40.81 39.35 38.26 36.75 35.72 35.63 37.76 40.39 43.97 40.07 45.33 39.69 47.95 48.41 41.09 43.85 (per nut) Coconuts TABLE 19 TABLE Central Bank of Sri Lanka 343.18 354.97 355.13 343.69 338.63 339.68 341.79 348.07 354.35 354.84 355.72 358.51 355.20 351.68 355.58 346.03 329.46 230.72 276.51 349.24 257.25 254.56 271.80 322.42 (per kg) Source : Dried Chillies 117.48 113.05 118.45 113.22 117.37 135.18 120.25 122.69 166.43 144.44 107.53 100.47 109.81 138.68 157.05 143.16 104.54 125.49 124.12 103.23 126.99 123.90 126.27 151.07 (per kg) Red Onions

Retail Prices Raw 64.83 64.26 64.68 73.89 67.89 67.95 64.22 62.31 63.20 64.06 65.51 64.90 64.46 64.67 67.86 73.06 80.74 68.91 69.72 66.91 75.45 70.68 66.14 66.62 71.72 72.51 72.45 80.24 74.18 73.98 71.15 70.03 71.30 72.33 73.89 73.00 72.12 72.22 74.95 79.76 86.03 73.39 73.82 74.23 77.72 74.54 70.29 72.74 Ordinary Rice (per kg) 92.40 90.57 89.85 92.62 91.10 93.02 92.55 91.63 90.71 90.13 90.88 90.88 89.53 89.13 90.33 92.16 95.39 80.79 86.92 91.36 86.36 86.07 85.88 89.40 Samba

32,197.62 27,984.37 25,600.54 30,852.20 34,931.58 33,454.55 31,970.00 31,168.32 29,627.55 27,557.89 26,767.68 25,306.93 25,595.74 25,898.94 28,615.00 30,415.80 33,525.80 31,324.79 34,638.30 29,158.68 37,420.18 36,369.02 30,895.56 33,868.43 Coconuts (per 1,000 nuts) (per kg) 257.97 264.35 267.78 265.94 269.21 275.72 245.68 252.50 258.81 261.11 273.14 263.25 272.71 267.37 277.08 269.74 251.00 188.25 218.72 264.01 209.53 203.45 214.33 247.57 Dried Chillies Producer Prices 75.82 77.58 72.74 73.35 95.89 65.95 65.61 67.26 75.83 89.64 87.52 64.38 66.30 71.82 72.89 75.33 68.48 77.09 74.87 67.28 69.36 78.41 93.32 Average Producer and Retail Prices of Selected Food Items Food of Selected Retail Prices Producer and Average (per kg) 106.00 Red Onions

Paddy 717.06 729.48 747.74 877.98 824.92 808.88 674.35 667.97 705.01 739.28 744.14 760.07 737.13 746.00 801.86 873.72 958.35 829.93 802.88 768.06 843.04 802.17 748.38 825.43 (per bushel)

” ” Period (a) October November December February March April May June July August September 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter December January Average 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter figures are averages of monthly figures. Annual and quarterly (a) (b) Provisional

2016 (b) 2015 2016 (b) 2014 2015 2016 (b) 2015 PRICES AND AND PRICES WAGES

22 w Central Bank of Sri Lankaw Bulletin w January 2017 Chicken 320.11 320.11

328.27 363.52 315.47 347.52 327.04 335.78 364.96 330.40 343.75 328.15 334.31 328.68 358.43 336.50 372.00 346.80 344.68 331.78 344.68 334.78 340.38 339.03 330.71

Rs. per kg Poultry (each) Egg Products

16.52 16.42 15.17 17.37 16.55 17.39 17.26 15.66 17.06 15.29 16.16 16.72 16.92 15.67 17.33 17.09 15.50 18.46 16.72 16.54 17.38 17.24 15.67 17.09

TABLE 20 TABLE Pineapple 64.33 85.92 54.51 62.53 65.42 64.30 76.08 57.47 67.17 56.78 57.43 64.02 80.54 54.69 66.92 79.62 57.03 63.62 61.67 59.50 56.36 61.59 58.64 62.31 Central Bank of Sri Lanka

Fruits Papaw 55.11 55.11 49.73 39.38 36.97 51.80 51.54 48.70 49.31 47.51 48.76 53.69 49.17 46.06 36.27 60.70 43.70 54.09 48.96 39.80 40.30 46.00 43.02 40.70 46.24

Source :

- - Banana / Ambul / Banana

32.16 51.41 46.81 31.23 43.16 33.43 43.22 33.92 39.80 34.77 33.70 33.24 47.96 31.51 48.70 45.65 34.41 37.33 32.70 34.45 37.57 34.83 32.82 34.12 Salaya

98.75 97.95 92.89 90.36

112.11 112.11 110.68 110.68 112.14 112.14 118.33 115.22 115.22 110.43 110.43 101.35 102.20 107.21 101.55 104.76 108.56 107.54 103.58 106.43 122.78 132.61 120.61 109.00 107.83 Hurulla

211.34 211.34 232.50 233.33 215.00 232.68 229.26 230.71 222.46 237.23 239.77 229.26 231.39 223.82 247.92 226.00 223.13 197.17 235.71 272.89 274.44 241.32 261.02 223.64 232.40 Mullet

401.11 401.11 411.04 411.04 411.19 411.19 411.25 372.18 420.20 433.21 384.07 470.58 465.36 402.14 442.00 395.20 434.98 410.85 453.40 457.92 415.83 367.19 436.20 497.27 493.04 488.48 475.51 Sea Fish Kelawalla

456.05 482.59 486.30 482.20 453.80 517.31 471.03 505.83 480.77 500.91 525.32 483.33 480.81 475.56 480.87 477.08 451.09 507.27 557.14 539.09 565.24 463.32 534.50 473.52 Seer Fish Seer

657.67 794.72 770.00 847.50 706.36 809.75 768.16 800.88 730.89 798.23 722.48 796.29 789.46 797.06 750.63 752.50 677.95 767.33 849.29 860.00 875.88 726.84 825.54 803.67 Potatoes

90.58 81.43 73.87 87.31 93.80 94.02 96.94 84.79 91.45 85.17 84.70 99.06 99.07

118.33 118.33 119.07 119.07 108.18 109.01 104.61 108.50 100.45 100.00 106.36 127.08 103.38 Beetroot

62.65 80.41 71.44 52.76 52.05 69.22 53.09 52.44 83.13 81.88 68.22 60.52 96.54 50.85 54.47 83.52 97.41

106.37 138.33 133.13 137.77 109.35 104.38 108.67 Tomatoes

47.11 47.11 71.29 46.47 35.79 46.46 32.50 65.22 40.75 36.61 78.55 66.61 45.84 63.60 46.53 43.30 57.33 71.14 98.27

111.96 111.96 113.92 113.92 106.50 127.00 144.65 125.96 Leeks

69.47 77.33 74.63 81.18 56.64 81.00 69.30 69.82 76.43 85.75 69.39 83.60 70.07 98.83 83.44 96.75 97.34

108.06 106.66 158.82 121.71 138.19 109.10 105.67 Carrot

83.48 91.67 82.89 67.35 97.30 79.20 81.79 80.93 95.89 87.35

110.69 110.69 117.01 117.01 174.11 174.11 117.00 117.00 120.84 107.14 121.18 137.93 170.75 161.19 101.59 129.17 132.54 130.90 Cabbaages

45.00 56.36 48.18 50.05 30.92 60.71 60.59 44.63 63.86 63.93 37.29 54.29 46.19 73.00 44.98 87.04 52.45 91.32 30.89 80.21 77.27 75.64

103.71 103.80 Green Beans Green

82.75 89.30 79.43

111.50 111.50 118.70 118.70 117.31 117.31 117.97 118.90 104.00 125.60 101.08 105.86 109.27 152.79 103.36 148.85 109.44 145.91 133.13 134.00 145.16 126.52 163.50 124.20 Mukunuwenna 55.11 55.11 57.97 49.53 49.83 47.85 57.30 55.90 59.03 58.25 57.20 62.84 58.24 46.07 51.46 57.83 60.56 56.97 56.00 62.02 58.05 60.86 53.93 57.26 53.76

Vegetables Limes

82.44 92.17 85.93 77.19 86.56 60.65 94.04

411.89 411.89 114.95 114.95 139.10 183.98 385.14 213.14 101.13 164.63 381.21 201.00 161.39 188.46 170.79 346.61 205.85 220.80 272.94 Brinjals

72.11 72.11 47.68 46.17 47.89 45.68 49.05 58.77 58.01 40.98 43.21 64.38 52.45 45.29 55.28 56.78 52.05 95.19 85.65 63.49 42.31 76.16 74.75 69.93 81.08 Bitter Gourd Bitter

76.55 74.49 83.60 93.38 77.71 98.13 72.66 75.39 98.88 90.63 96.16 91.36 83.66 79.61 96.33

111.49 111.49 114.20 114.20 149.77 104.74 136.20 120.85 123.08 106.85 121.61 Ladies Fingers Ladies

84.19 73.38 78.82 63.20 43.89 46.99 54.00 52.05 48.50 47.23 59.61 47.62 45.21 68.48 66.17 69.37 51.36 51.52 78.04 64.84 55.64 55.92 59.43 76.39 Long Beans Long

81.29 91.16 70.93 53.44 54.20 63.21 73.89 74.91 58.29 68.33 54.71 55.33 94.59 66.24 76.91 59.52 70.67 84.43 60.41 53.88 58.26 72.91 87.00

119.38 119.38 Wetakolu 85.11 85.11 81.33 98.97 79.53 47.81 51.00 56.78 71.84 80.76 55.16 68.26 50.17 52.73 72.73 64.28 79.52 59.45 69.79 84.86 79.04 59.05 54.76 58.26 65.18

Average Producer Prices of Selected Varieties of Vegetables, Sea Fish, Fruits and Poultry Products Poultry and Fruits Sea Fish, Vegetables, of Varieties Selected of Producer Prices Average Plantains Ash 48.11 48.11 47.11 53.75 55.41 48.00 46.46 47.15 44.75 63.63 43.05 43.27 51.00 47.80 47.82 49.96 46.34 56.18 52.80 46.66 43.94 41.61 50.24

40.64 47.98 ” ” June July August September October November December 4th Qtr December January February March April May 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr Average Period (a) Provisional. 2015 2016 (a) 2015 2016 (a) 2014 2015 2016 (a) WAGES AND PRICES

Central Bank of Sri Lankaw Bulletin w January 2017w 23 Salaya

211.24 185.36 179.76 210.64 215.16 167.99 183.57 194.36 182.23 205.68 206.18 186.98 192.13 199.82 178.14 178.40 174.82 191.22 189.59 210.96 182.04 196.23 177.66 209.46

Rs. per kg Hurulla TABLE 21 TABLE

354.01 356.96 392.97 389.40 383.77 325.37 349.27 352.55 333.96 389.60 378.25 369.10 364.41 366.85 320.73 355.70 372.25 386.42 357.28 378.95 340.29 373.99 361.64 380.32 Sea Fish Mullet Central Bank of Sri Lanka

556.40 553.50 586.67 599.44 594.08 526.38 537.88 554.51 545.21 584.45 599.69 555.77 563.15 574.07 522.95 551.13 571.27 567.24 559.61 592.78 541.00 575.44 558.63 595.51 Kelawalla Source :

811.40 811.40 780.95 777.23 809.21 833.80 816.80 722.15 770.23 763.91 758.78 820.51 816.71 794.44 796.30 801.19 713.79 778.88 776.84 818.52 793.27 753.77 802.36 777.65 814.97 Seer Fish Seer

1,117.50 1,117.50 1,133.19 1,170.71 1,227.72 1,242.06 1,231.65 1,007.35 1,075.53 1,128.99 1,089.61 1,225.22 1,199.20 1,120.57 1,199.23 1,135.56 1,035.81 1,155.21 1,125.51 1,205.89 1,096.38 1,075.37 1,175.81 1,150.48 1,210.03 Potatoes

93.23 80.04 81.42 99.42 93.34 71.64 81.30 87.70 96.65 98.45 77.66

111.82 111.82 110.74 110.74 112.24 116.61 116.61 102.52 108.97 100.17 105.58 100.82 103.19 101.60 103.79 104.58 Beetroot 96.50 93.12 91.61 98.08 95.39 111.27 111.27 116.66 118.12 118.12 196.96 177.75 168.16 204.79 164.67 162.64 107.44 143.79 167.72 100.98 105.21 120.74 130.22 132.63 129.73 136.59

Up-Country Tomatoes

88.34 94.89 71.39 76.27 90.01 97.47 85.08 78.53 77.69 91.28 81.60

115.20 115.26 112.76 112.76 195.66 193.25 212.00 175.50 178.41 104.48 157.07 178.35 129.79 132.49 Leeks

118.27 118.27 115.01 119.22 123.10 195.70 160.55 123.26 178.73 207.38 166.81 121.74 221.30 166.44 123.57 152.69 173.66 131.92 123.59 129.29 134.88 142.97 166.00 138.58 136.54 Carrot

133.22 260.69 238.87 145.55 186.02 249.99 195.86 132.43 136.64 133.83 200.12 170.95 155.78 203.87 195.34 123.31 186.68 135.28 130.60 150.01 167.60 182.68 190.37 151.49 Cabbaages

86.52 98.76 84.73 79.27 88.95 89.39 91.63 95.77 95.56

111.15 111.15 115.01 117.66 117.66 113.93 118.22 178.28 146.74 137.59 170.19 146.07 136.40 138.30 137.62 109.16 105.09 Green Beans Green

188.46 278.38 213.02 141.01 225.58 218.78 193.37 168.84 202.99 182.21 134.40 183.46 229.22 158.09 165.42 230.72 204.38 158.49 173.57 148.29 180.17 195.86 167.44 168.77 Mukunuwenna (a) Mukunuwenna

Vegetables 26.44 25.94 26.13 26.30 26.03 26.76 26.64 25.86 26.31 26.23 21.55 26.35 24.92 23.09 23.86 24.66 26.30 26.63 26.38 26.45 26.79 24.13 26.29 26.12 Limes

32.11 32.11 59.38 33.28 21.60 18.56 45.14 37.84 31.14 28.69 64.74 54.45 17.67 37.73 14.66 19.08 21.37 39.92 40.42 36.51 16.79 58.96 23.76 18.98 38.29 Brinjals

90.14 81.52 98.61 83.95 81.85 75.90 85.20 76.07 79.09 82.07 94.81 86.82 95.46

153.85 129.62 128.64 144.60 104.40 100.56 123.02 122.99 122.90 100.29 107.68 Bitter Gourd Bitter

115.75 115.75 140.27 158.02 222.87 188.26 135.88 176.74 215.70 180.92 124.15 156.03 179.54 124.98 158.10 181.98 124.09 130.51 188.90 178.04 144.06 138.50 156.06 141.67 156.37 Low-Country Fingers Ladies Average Retail Prices of Selected Varieties of Vegetables and Fish and Vegetables of Varieties Selected Retail Prices of Average

91.26 95.29 81.47 83.65 95.70 93.66 85.90 88.96 88.51 96.52

114.90 114.90 118.33 118.33 106.11 147.37 135.55 104.53 133.48 134.49 108.66 107.39 134.65 121.02 124.69 108.29 Long Beans Long

97.08 97.25

114.16 114.16 113.90 116.97 116.97 107.33 125.21 189.91 132.68 106.91 102.87 146.82 155.77 127.66 132.09 126.57 100.48 121.38 154.54 101.33 103.24 155.85 138.83 128.74 Wetakolu

91.93 96.92 98.45 96.36

111.13 111.13 118.97 118.60 114.77 106.93 124.15 148.85 139.21 109.86 106.73 143.17 166.43 131.95 124.19 137.14 122.79 149.68 101.14 128.72 141.46 Ash Plantains Ash

90.68 89.35 91.45 95.19 90.24 93.59 86.86 86.36 96.20 89.04 90.23 79.45 99.27 86.13 87.28 95.09 97.26 115.07 115.07 94.45 104.83 109.21 105.55 121.67 101.99 ” ” May Jun Jul Aug Sep Oct Nov Dec Q3 Q4 Dec Jan Feb Mar Apr Q1 Q2 Q3 Q4 Q1 Q2 Average Period (a) Unit of these item was changed from kg to bundles in 2003 to reflect the market price. (a) Unit of these item was changed from kg to bundles (b) Provisional.

2015 2016 (b) 2015 2016 (b) 2014 2015 2016 (b) WAGES AND PRICES

24 w Central Bank of Sri Lankaw Bulletin w January 2017 PRICES AND WAGES TABLE 22

Utility Prices

Price Price Absolute % Date of Item Unit before Change after Change Change Change Revision (Rs. per unit) (Rs. per unit) (Rs. per unit)

Telephone Charges (Domestic) Category 0 – 200 2.80 2.80 0.00 0.0 01/11/2007 201 – 500 3.00 2.80 -0.20 -6.7 501 – 1,000 3.00 2.80 -0.20 -6.7 1,001 – 3,000 2.75 2.80 0.05 1.8 Above 3,000 2.50 2.80 0.30 12.0 Rental 495.00 345.00 -150.00 -30.3 Reduced New Tariff Plan : > A start up fee of Rs. 1.50 for each successful call. > Billed on per second basis and Revised Peak, Economy and Discount Time Band > Each customer will be entitled to a maximum of Rs. 400 worth free calls per month. This tariff structure is applicable for existing customers. New customers will be charged based on their packages

Bus Fare (Private Sector) Fare Stage 1 8.00 9.00 1.00 12.5 01/08/2016 2 12.00 12.00 0.00 0.0 3 15.00 16.00 1.00 6.7 4 18.00 20.00 2.00 11.1 5 22.00 24.00 2.00 9.1

Electricity (Domestic) Unit Charge – Usage less than 60 units 0 – 30 3.00 2.50 -0.50 -16.7 16/09/2014 31 – 60 4.70 4.85 0.15 3.2

Unit Charge – Usage more than 60 units 0 – 30 10.00 7.85 -2.15 -21.5 16/09/2014 31 – 60 10.00 7.85 -2.15 -21.5 61 – 90 12.00 10.00 -2.00 -16.7 91 – 120 26.50 27.75 1.25 4.7 121 – 180 30.50 32.00 1.50 4.9 Over 180 42.00 45.00 3.00 7.1

Fixed Charges 0 – 30 30.00 30.00 0.00 0.0 16/09/2014 31 – 60 60.00 60.00 0.00 0.0 61 – 90 90.00 90.00 0.00 0.0 91 – 180 315.00 480.00 165.00 52.4 Over 180 420.00 540.00 120.00 28.6

A Fuel Adjustment Charge was removed w.e.f. 16/09/2014 Before Change After Change 0 – 30 25% – 31 – 60 35% – 61 – 90 10% – above 90 40% –

Water (Domestic) Category 00 – 05 ⎫ 3.00 8.00 5.00 166.7 01/10/2012 06 – 10 7.00 11.00 4.00 57.1 11 – 15 ⎬ * 15.00 20.00 5.00 33.3 16 – 20 ⎭ 30.00 40.00 10.00 33.3 21 – 25 50.00 58.00 8.00 16.0 26 – 30 75.00 88.00 13.00 17.3 31 – 40 90.00 105.00 15.00 16.7 41 – 50 105.00 120.00 15.00 14.3 51 – 75 110.00 130.00 20.00 18.2 Over 75 120.00 140.00 20.00 16.7

Service Charge 00 – 05 50.00 50.00 0.00 0.0 15/02/2009 06 – 10 ⎫ 50.00 65.00 15.00 30.0 11 – 15 ⎬ * 50.00 70.00 20.00 40.0 16 – 20 50.00 80.00 30.00 60.0 21 – 25 ⎭ 50.00 100.00 50.00 100.0 26 – 30 50.00 200.00 150.00 300.0 31 – 40 50.00 400.00 350.00 700.0 41 – 50 50.00 650.00 600.00 1,200.0 51 – 75 50.00 1,000.00 950.00 1,900.0 Over 75 50.00 1,600.00 1,550.00 3,100.0 * A 10% reduction for the total bill value was applied for bills with usage up to 25 units w.e.f 01.11.2014 (this reduction does not apply to bills with more than 25 units).

Sources : National Transport Commission Ceylon Electricity Board National Water Supply and Drainage Board Sri Lanka Telecom Ltd.

Central Bank of Sri Lanka w Bulletin w January 2017 w 25 PRICES AND WAGES TABLE 23

Minimum Wage Rate Indices of Workers in Wages Boards Trades December 1978 = 100

Workers in Workers in Workers in Workers in Agriculture (a) Industry & Commerce (b) Services (c) Wages Boards Trades (d) Period Nominal Real Wage Nominal Real Wage Nominal Real Wage Nominal Real Wage Wage Rate Rate Index Wage Rate Rate Index Wage Rate Rate Index Wage Rate Rate Index

2014 Average 4,560.9 119.7 3,459.1 90.8 2,313.2 60.7 4,012.2 105.3 2015 ” 4,734.4 123.1 3,459.1 90.0 2,313.2 60.2 4,127.0 107.3 2016 (e) ” 4,735.7 118.8 3,459.1 86.8 2,313.2 58.0 4,127.9 103.5

2015 1st Quarter 4,734.4 124.1 3,459.1 90.7 2,313.2 60.6 4,127.1 108.2 2nd Quarter 4,734.3 124.2 3,459.1 90.7 2,313.2 60.7 4,127.0 108.3 3rd Quarter 4,734.5 122.8 3,459.1 89.7 2,313.2 60.0 4,127.1 107.0 4th Quarter 4,734.7 121.5 3,459.1 88.7 2,313.2 59.3 4,127.3 105.9

2016 (e) 1st Quarter 4,735.6 121.8 3,459.1 89.0 2,313.2 59.5 4,127.8 106.2 2nd Quarter 4,735.5 118.7 3,459.1 86.7 2,313.2 58.0 4,127.8 103.5 3rd Quarter 4,735.9 117.6 3,459.1 85.9 2,313.2 57.4 4,128.0 102.5 4th Quarter 4,735.8 117.0 3,459.1 85.4 2,313.2 57.1 4,128.0 102.0

2015 December 4,735.6 120.7 3,459.1 88.2 2,313.2 59.0 4,127.9 105.2

2016 (e) January 4,735.8 120.9 3,459.1 88.3 2,313.2 59.1 4,128.0 105.4 February 4,735.6 121.6 3,459.1 88.8 2,313.2 59.4 4,127.9 106.0 March 4,735.4 123.0 3,459.1 89.9 2,313.2 60.1 4,127.7 107.2 April 4,735.3 121.4 3,459.1 88.7 2,313.2 59.3 4,127.6 105.8 May 4,735.5 118.6 3,459.1 86.6 2,313.2 57.9 4,127.8 103.4 June 4,735.7 116.1 3,459.1 84.8 2,313.2 56.7 4,127.9 101.2 July 4,736.1 115.9 3,459.1 84.6 2,313.2 56.6 4,128.2 101.0 August 4,735.9 118.2 3,459.1 86.3 2,313.2 57.7 4,128.1 103.0 September 4,735.6 118.6 3,459.1 86.6 2,313.2 57.9 4,127.9 103.4 October 4,735.6 117.8 3,459.1 86.1 2,313.2 57.6 4,127.9 102.7 November 4,735.8 117.1 3,459.1 85.5 2,313.2 57.2 4,128.0 102.1 December 4,736.0 116.0 3,459.1 84.7 2,313.2 56.6 4,128.1 101.1

Note: The Index numbers are calculated by the Labour Department on fixed weights based on Sources : Labour Department the numbers employed as at 31 December 1978. The wage rate used in the calculation of Central Bank of Sri Lanka Index numbers are minimum wages for different trades fixed by the Wages Boards. (a) The Index refers to wage rates of tea growing and manufacturing, rubber growing and manufacturing, coconut, cocoa, cardamoms and pepper growing trades only.

(b) Includes baking, brick and tile manufacturing, coconut manufacturing, printing textile, tyre and tube manufacturing, coir mattresses & bristle fibre export, hosiery manufacturing, engineering, garment manufacturing, match manufacturing, biscuit manufacturing, tea export and rubber export trades only. (c) This includes cinema, motor transport and nursing homes trade only. (d) Combined Index for workers in Agriculture, Industry & Commerce and Services. (e) Provisional. n.a. – Not available

26 w Central Bank of Sri Lanka w Bulletin w January 2017 PRICES AND WAGES TABLE 24

Wage Rate Indices of Government Employees(a) 2012 = 100

Senior Level Tertiary Level Secondary Level Primary Level All Central Officers Officers Officers Officers Government Period NWRI RWRI (b) NWRI RWRI (b) NWRI RWRI (b) NWRI RWRI (b) NWRI RWRI (b)

2014 110.8 104.8 116.4 110.0 117.9 111.4 119.2 112.7 117.5 111.1 2015 134.6 122.7 149.0 135.8 155.8 142.0 162.9 148.5 154.8 141.1 2016 (c) 141.4 123.9 155.5 136.3 161.6 141.7 170.4 149.4 160.8 140.9

2015 (c) 1st Quarter 127.7 116.1 139.5 126.9 144.7 131.7 150.1 136.6 143.9 130.9 2nd Quarter 134.4 124.0 148.7 137.2 155.4 143.4 162.5 149.9 154.4 142.5 3rd Quarter 138.2 126.9 154.0 141.4 161.6 148.4 169.6 155.7 160.4 147.3 4th Quarter 138.2 123.7 154.0 137.7 161.6 144.5 169.6 151.7 160.4 143.5

2016 (c) 1st Quarter 141.4 127.1 155.5 139.8 161.6 145.3 170.4 153.1 160.8 144.5 2nd Quarter 141.4 123.9 155.5 136.3 161.6 141.6 170.4 149.3 160.8 140.9 3rd Quarter 141.4 123.6 155.5 136.0 161.6 141.4 170.4 149.0 160.8 140.6 4th Quarter 141.4 121.1 155.5 133.2 161.6 138.4 170.4 145.9 160.8 137.7

2015 December 138.2 121.8 154.0 135.6 161.6 142.3 169.6 149.3 160.4 141.3

2016 (c) January 138.2 123.1 154.0 137.1 161.6 143.8 169.6 150.9 160.4 142.8 February 138.2 124.4 154.0 138.5 161.6 145.4 169.6 152.6 160.4 144.4 March 147.7 133.8 158.6 143.7 161.8 146.6 172.1 155.9 161.5 146.4 April 141.4 126.3 155.5 138.9 161.6 144.4 170.4 152.2 160.8 143.6 May 141.4 124.0 155.5 136.4 161.6 141.7 170.4 149.4 160.8 141.0 June 141.4 121.4 155.5 133.5 161.6 138.8 170.4 146.3 160.8 138.1 July 141.4 122.4 155.5 134.6 161.6 139.9 170.4 147.5 160.8 139.2 August 141.4 124.4 155.5 136.8 161.6 142.2 170.4 149.9 160.8 141.5 September 141.4 124.2 155.5 136.6 161.6 142.0 170.4 149.7 160.8 141.2 October 141.4 122.9 155.5 135.2 161.6 140.5 170.4 148.1 160.8 139.8 November 141.4 120.9 155.5 133.0 161.6 138.2 170.4 145.7 160.8 137.5 December 141.4 119.4 155.5 131.4 161.6 136.6 170.4 144.0 160.8 135.9

NWRI = Nominal Wage Rate Index RWRI = Real Wage Rate Index Source: Central Bank of Sri Lanka

(a) Recognizing the need to have a more representative Public Sector Wage Rate Index, a new Index was compiled by CBSL. Old index (1978 = 100) covers non executive government employees and school teachers only. The new index covers all levels of public sector employees, under the disaggregation of Senior, Tertiary, Secondary and Primary levels. The base period employment structure was based on a special Annual Public Sector Employment Survey (APSES) conducted in 2012. Initial salary scales of specific occupations and due allowances as specified in the Public Administration Circular No. 06/2006 issued by the Ministry of Public Administration and Home Affairs on 25th April 2006 were used to construct the Index. (b) Based on NCPI (2013 = 100) (c) Provisional

Central Bank of Sri Lanka w Bulletin w January 2017 w 27 Un- Rupees 968 936 867 936 916 929 963 984 968 984 993 1,011 1,018 1,025 1,007 1,039 1,070 1,001 1,016 1,038 1,061 1,049 1,079 1,083 TABLE 25 TABLE Helper skilled 1,119 1,119 Masonry 1,171 1,233 1,231 1,044 1,122 1,238 1,101 1,106 1,162 1,185 1,217 1,253 1,295 1,174 1,188 1,198 1,199 1,219 1,259 1,269 1,259 1,312 1,315 Central Bank of Sri Lanka Mason Master Skilled 1,515 1,588 1,599 1,376 1,450 1,596 1,425 1,429 1,451 1,494 1,533 1,567 1,620 1,663 1,525 1,534 1,550 1,552 1,560 1,623 1,638 1,635 1,668 1,686 Source: Un- 964 864 933 913 922 936 960 983 963 979 987 1,008 1,010 1,019 1,004 1,028 1,060 1,005 1,016 1,023 1,052 1,035 1,069 1,075 Housing Construction (b) Housing Construction Helper skilled 1,180 1,234 1,234 1,053 1,135 1,243 1,109 1,124 1,136 1,171 1,195 1,223 1,259 1,294 1,181 1,200 1,205 1,209 1,227 1,259 1,283 1,263 1,319 1,302 Carpentry (a) Car- penter Helper Helper Master Skilled 1,711 1,711 1,541 1,610 1,622 1,406 1,486 1,622 1,455 1,468 1,491 1,531 1,558 1,588 1,652 1,689 1,548 1,563 1,570 1,577 1,577 1,661 1,674 1,661 1,694

/ 768 758 774 794 751 816 774 757 770 804 788 780 820 781 695 749 783 754 730 759 754 786 762 789 Harvesting (c) Transplanting Male Female 999 882 970 948 959 988 983 Paddy 1,117 1,117 1,031 1,056 1,081 1,053 1,048 1,076 1,070 1,068 1,139 1,069 1,080 1,094 1,075 1,044 1,068 1,108 ing with Male 925 Plough- 1,119 1,119 1,071 1,148 1,088 1,136 1,108 1,097 1,096 1,143 1,146 1,160 1,106 1,168 1,171 1,043 1,127 1,016 1,041 1,047 1,068 1,105 1,104 1,150 mammoties ing with Male sticks Pluck- 1,411 1,411 1,401 1,435 1,419 1,459 1,397 1,464 1,468 1,513 1,463 1,420 1,400 1,384 1,418 1,361 1,353 1,435 1,380 1,332 1,301 1,398 1,429 1,443 1,465 Coconut Pits Digging 1,204 1,151 1,124 1,129 1,148 1,146 1,154 1,138 1,183 1,138 1,213 1,191 1,203 1,218 1,012 1,095 1,165 1,081 1,080 1,094 1,126 1,133 1,146 1,178 Agriculture 628 575 565 519 565 573 569 560 554 610 567 570 627 689 565 548 581 535 557 536 563 550 567 577 Tapping Male Female Male 673 629 610 577 612 630 623 612 613 683 618 655 658 707 614 610 633 589 619 606 626 600 622 638 Rubber All Island Average Daily Wages in the Informal Sector the Informal in Daily Wages Average Island All 975 950 994 946 906 879 925 944 967 955 891 940 973 954 962 917 927 903 955 982 Planting 1,022 1,079 1,081 1,052 580 576 593 598 629 568 581 575 575 561 555 561 598 525 553 582 544 566 546 558 577 559 583 608 Plucking

Male Female Male 947 925 962 988 987 914 953 914 925 906 919 900 817 887 852 898 894 902 931 908 945 ration 947 Prepa- of Land 1,034 1,003 Tea ” ” July August September October November December December January February March April May June 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Average Period Daily wages up to December 2004 are the average daily of wages for the two activities. From January 2005 onwards the daily wages cover both activities has been replaced by the series on daily payment basis from the monthly bulletin of December 2005 onwards for comparison in other sectors. with wages of data collection schedules. under a single category following the restructuring Daily wages represent payments in cash where meals are not provided by the employer. Annual and quarterly figures are averages of monthly figures. are not provided by the employer. Daily wages represent payments in cash where meals series The on contractual basis in previous bulletin publications in the construction sector are paid on both daily payment and contractual basis. Wages Provisional. (c) (b) (d) (a)

2015 2016 (d) 2015 2016 (d) 2014 2015 2016 (d) WAGES AND PRICES

28 w Central Bank of Sri Lankaw Bulletin w January 2017 490.0 541.7 564.3 552.7 559.4 562.7 562.7 572.4 552.7 562.7 562.7 562.7 562.7 562.7 562.7 562.7 562.7 572.4 572.4 572.4 552.7 Labour Unskilled 1990 = 100 1990 = 100 TABLE 27 TABLE TABLE 26 TABLE 611.7 All Construction Semi Skilled 463.6 507.4 526.0 515.8 522.7 526.2 526.2 528.8 515.8 526.2 526.2 526.2 526.2 526.2 526.2 526.2 526.2 528.8 528.8 528.8 515.8 Labour Skilled 442.1 480.6 497.1 488.2 493.5 496.2 496.2 502.6 488.2 496.2 496.2 496.2 496.2 496.2 496.2 496.2 496.2 502.6 502.6 502.6 488.2 Labour Construction Industry Development Authority Construction Industry Development Construction Industry Development Authority Construction Industry Development Glass 327.6 333.9 359.8 346.5 346.5 359.8 366.5 366.5 346.5 346.5 346.5 346.5 366.5 366.5 366.5 366.5 366.5 366.5 366.5 366.5 346.5 Source : Source : All Civil Works All Civil Works Wall

Paint 661.5 667.3 708.0 680.3 680.3 708.0 721.9 721.9 680.3 680.3 680.3 680.3 721.9 721.9 721.9 721.9 721.9 721.9 721.9 721.9 680.3 Wiring 453.8 453.8 453.8 453.8 453.8 453.8 453.8 453.8 453.8 453.8 453.8 453.8 453.8 453.8 453.8 453.8 453.8 453.8 453.8 453.8 453.8 Electrical Non-Residential Non-Residential Building Timber General 1,031.3 1,031.3 1,035.3 1,031.3 1,031.3 1,031.3 1,037.7 1,040.9 1,031.3 1,031.3 1,031.3 1,031.3 1,031.3 1,031.3 1,031.3 1,040.9 1,040.9 1,040.9 1,040.9 1,040.9 1,031.3

(b) PVC Pipes 778.0 778.0 790.9 778.0 778.0 790.9 797.3 797.3 778.0 778.0 778.0 778.0 797.3 797.3 797.3 797.3 797.3 797.3 797.3 797.3 778.0 All Housing 460.3 460.3 466.7 460.3 460.3 466.7 469.9 469.9 460.3 460.3 460.3 460.3 469.9 469.9 469.9 469.9 469.9 469.9 469.9 469.9 460.3 Sheets Roofing Asbestos Cost of Construction Indices Construction Cost of Steel 511.3 511.3 511.3 511.3 511.3 511.3 511.3 511.3 511.3 511.3 511.3 514.0 514.0 515.4 515.4 515.4 515.4 515.4 515.4 515.4 515.4 515.4 515.4 Structural 630.3 546.5 704.3 634.1 1,051.4 654.1 540.1 750.9 667.2 1,093.5 629.8 528.8 715.5 641.7 1,061.4 621.3 542.9 624.9 690.4 1,030.6 643.4 534.1 736.1 656.3 1,078.9 618.4 542.2 685.9 621.5 1,036.7 624.6 544.2 695.6 628.3 1,040.5 648.2 536.0 743.4 661.2 1,085.1 641.5 531.6 734.4 654.9 1,075.5 Steel -ment 558.0 558.0 558.4 558.0 558.0 558.0 558.0 559.6 558.0 558.0 558.0 558.0 558.0 558.0 558.0 558.0 558.0 558.0 560.4 560.4 558.0 Reinforce- Semi Permanent Housing Semi Permanent Tiles 687.6 687.6 733.8 733.8 754.8 754.8 754.8 754.8 754.8 776.8 776.8 776.8 673.9 683.9 747.8 754.8 637.7 745.6 703.0 776.8 687.6 Calicut Price Indices for Selected Construction Materials and Labour Wages Labour Materials and for Selected Construction Price Indices Bricks 711.9 681.4 728.2 692.7 604.9 537.3 609.6 664.0 969.0 643.7 667.9 713.4 615.8 538.8 993.6 675.8 654.7 662.7 672.8 720.9 1,457.1 1,457.1 1,501.7 1,533.3 1,608.6 1,608.6 1,629.8 1,649.2 1,649.2 1,675.6 1,675.6 1,694.7 1,287.2 1,397.5 1,583.5 1,642.7 1,183.8 1,595.0 1,472.0 1,682.0 1,444.2 (Hand cut)

Modern Housing 670.8 670.8 670.8 670.8 677.0 677.0 677.0 677.0 677.0 677.0 677.0 677.0 645.6 649.9 674.9 677.0 637.2 674.9 670.8 677.0 649.9 Rubble

512.2 512.2 512.2 498.6 490.8 501.7 512.2 490.8 490.8 490.8 490.8 490.8 502.0 512.2 512.2 512.2 512.2 525.3 504.2 490.8 512.2 Quarter Quarter Quarter Quarter Cement Quarter Quarter Quarter ” ” ” ”

2nd 3rd 4th 3rd 4th 1st Quarter 2nd Average 1st Period Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Average 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4thQtr Dec (a) Period (a) (a) Annual and quarterly figures are averages of monthly figures. Annual (a) August 2012. April to (b) Index of PVC Pipes has been revised from (c) Provisional

2015 2016 (c) 2014 2015 2016 (c) 2015 2016 (c) AND WAGES PRICES 2016 (a) (a) Provisional 2014 2015 2016 2015 WAGES AND PRICES

Central Bank of Sri Lankaw Bulletin w January 2017w 29 6,286 Net 46,379 45,318 67,830 29,749 45,653 61,490 16,333 23,760 57,552 -18,084 -39,542 -22,351 -71,622 -85,751 -45,315 115,077 391,914 153,442 214,785 171,036 236,803 260,250 318,217 Rs. million TABLE 28 TABLE 7,532 7,698 5,309 6,080 9,700 7,749 9,083 ments 31,113 Repay- 20,055 46,220 45,300 26,540 39,480 117,593 Foreign Loans (e) Foreign Loans Foreign Financing -2,297 -3,844 35,697 31,509 -10,553 -39,531 -40,509 -26,682 18,634 332,378 161,140 141,616 201,252 30,216 357,697 Gross -5 50,963 311 995 941 50,075 20,326 987 76,319 14,829 -755 12,367 69,909 23,530 8,119 7,303 8,820 8,383 537,180 145,266 2,469 6,405 26,033 Cash Use of -1,081 305,550 -2,063 68,092 22,773 -4,405 363,419 126,617 -2,183 -1,029 66,635 13,940 10,870 83,654 15,824 -11,877 Ministry of Finance Affairs Ministry of National Policies and Economic Central Bank of Sri Lanka -13,672 -10,123 -12,596 -17,210 Balances (d) 7,476 Other wings Sources : Borro- -35,299 -30,259 -13,006 -17,021 -19,862 -56,263 -23,530 -74,551 -40,401 -23,846 115,090 183,715 241,801 195,198 -117,942 -140,443 -124,585 0 13 78 -29 -80 52,553 -18 182 -269 -91,660 2,267 79,492 2,058 2,145 7,234 356,367 ces -1,781 -1,721 252,546 -2,000 -2,048 -8,074 41,351 Bank 33,692 34,731 33,612 14,762 -67,825 Advan- Central -101,490 -101,495 6,113 Net -4,380 39,911 47,224 54,791 72,983 30,938 92,735 96,049 49,425 165,790 172,534 442,582 0 63,774 0 78,882 0 17,972 4,157 15,827 68,771 67,283 -25,077 ments 118,675 Repay- 249,256 81,265 127,304 94,688 Treasury bonds (c) Treasury 47,224 0 54,791 0 72,983 0 30,938 0 42,206 211,410 471,536 914,118 808,935 439,800 369,135 165,790 0 619,252 269,438 349,814 330,521 221,992 157,620 108,195 103,006 72,333 30,673 207,368 34,834 Market borrowings Gross -6 19,984 604 35,894 29,782 -790 -251 Domestic Financing (b) -8,311 bills -1,759 -2,947 78,882 24,759 26,077 98,482 80,079 75,192 17,972 68,844 75,790 73,850 33,939 18,391 52,212 88,048 54,971 33,076 -27,464 -34,643 36,532 40,912 -37,841 -32,280 63,774 -26,375 -36,419 101,822 Treasury Treasury -171,857 164,819 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Net -4,063 -31,430 -27,366 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4,063 ments 31,430 Repay- Analysis Analysis of Net Cash / Deficit Surplus Rupee Loans 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 27,366

Gross 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Non- wings Borro- Market -13,363

3,569 -7,921 -11,889 -61,885 -48,481 -98,088 -36,469 -31,143 -35,518 -31,427 -801,408 -640,325 -242,824 -200,492 -476,024 -106,275 -148,226 -287,736 -390,493 -100,156 -980,776 -131,545 -172,715 Deficit (-) Net Cash Surplus (+) / (a) -diture Expen -172,316 -183,369 -144,665 -205,541 -450,434 -560,616 -927,902 -473,180 -496,505 -595,277 -800,640 -544,215 -129,881 -170,982 -155,759 -173,932 -166,815 -223,639 -188,269 -36,181 -417,995 -487,581 -1,970,952 -2,365,603 -2,394,094 and Grants 110,431 171,480 148,234 157,060 207,609 360,124 451,878 366,905 398,417 447,051 512,904 153,722 121,960 134,514 124,615 138,414 135,388 123,483 152,088 286,450 314,866 Revenue 1,169,543 1,725,278 1,413,318 Sep Oct Nov Dec Q3 Q4 Q1 Q2 Q3 Q4 Jan Feb Mar Apr May Jun Jul Aug Dec Q1 Q2

Excludes foreign investments in Treasury bills. Treasury Excludes foreign investments in bonds. Treasury Excludes foreign investments in of collection in the Central Bank and commercial banks, Overdraft, short term loans, Includes Government Import bills, cash items in process bonds are included. Treasury bills and Treasury Net foreign investments in s to international to sinking funds, direct re-payments of public debt and subscriptions to international Consists of government expenditure excluding contributions borrowings from Sri Lanka Development Bonds, Domestic Project Loans and borrowings from offshore banking units of commercial banks. commercial of units banking offshore from borrowings and Loans Project Domestic Bonds, Development Lanka Sri from borrowings financial organisations. Also excludes book adjustments arising from losses on Advance Account operations incurred and financed in the Account operations incurred and financed in the Advance Also excludes book adjustments arising from losses on financial organisations. with the figures published in the accounts of the Government of Sri Lanka. previous financial years. Hence, the figures may not tally Period

(b) (c) (d) (e) (f) Provisional (a) 2016 (f) 2016 2016 (f) 2016 2015 2014 (f) 2015 2016 2015 FINANCE GOVERNMENT

30 w Central Bank of Sri Lankaw Bulletin w January 2017 Total 119,162 119,162 117,317 117,317 Rs. million 199,077 353,243 495,988 345,613 396,223 437,502 285,556 137,274 153,324 154,323 320,093 165,943 506,724 210,570 109,134 131,873 121,838 127,076 149,721 Revenue 1,195,206 1,686,062 1,454,878 TABLE 29 TABLE 7,073 8,551 6,209 8,002 5,450 Total 11,268 11,268 68,461 22,581 28,448 20,210 36,720 55,091 27,895 10,461 20,703 21,189 20,175 30,606 14,991 99,099 16,483 110,353 110,353 144,844 222,374 Source : Ministry of Finance 605 6,955 5,580 3,881 4,590 5,742 5,808 3,628 1,668 2,176 1,781 4,557 2,010 1,209 1,356 2,799 1,857 2,025 1,275 1,942 35,517 27,052 10,912 17,646 Other 9,735 5,252 7,501 6,668 3,990 3,763 3,733 4,062 3,857 2,759 2,634 4,508 3,040 and Non-Tax Tevenue Non-Tax Fees 35,499 64,124 10,700 12,643 10,131 13,821 10,886 29,286 12,388 12,049 42,398 Charges 792 1,119 1,119 3,540 8,950 6,301 5,489 3,578 8,131 2,289 3,708 6,479 5,486 Pro- perty 11,907 11,907 11,925 11,925 11,879 11,879 11,501 11,501 73,828 51,770 17,157 38,397 70,155 39,055 24,606 Income 131,198 Total 111,867 111,867 382,411 382,411 116,882 116,882 113,836 112,953 112,953 115,808 115,808 130,617 126,813 133,134 299,918 330,661 467,540 325,403 359,503 396,372 100,583 257,660 203,497 135,337 132,621 133,238 1,050,362 1,355,779 1,463,689 Other 22,199 17,477 17,688 18,613 43,801 42,516 54,921 51,649 56,631 53,503 59,318 17,850 18,459 18,489 20,700 18,506 43,774 16,322 17,050 20,484 17,964 185,011 185,011 170,452 221,101 8,093 9,373 9,528 15,118 15,118 81,108 15,020 18,802 14,075 12,821 24,120 32,902 58,688 38,913 37,445 38,310 41,819 13,842 33,985 13,978 16,479 12,018 13,819 Import Duties 132,189 156,487 Total 35,117 35,117 39,066 43,575 37,472 35,421 77,722 33,548 33,971 44,032 88,249 34,145 42,197 39,218 37,190 111,268 111,268 117,477 117,477 115,386 118,519 256,691 123,473 168,453 109,779 497,652 454,952 8,951 Other 11,452 11,452 20,836 14,322 20,529 74,619 52,241 93,923 51,329 36,952 50,819 51,103 48,059 15,861 13,679 15,170 19,122 46,499 14,632 18,941 16,708

101,619 267,282 190,203 0 849 5,391 5,959 2,410 1,371 6,356 2,225 3,754 3,403 5,335 3,286 7,056 leum 11,600 11,600 10,734 28,732 19,639 23,043 10,165 19,371 10,846 15,337 45,092 55,719 Petro- Excise Tax 8,112 8,112 7,076 7,075 6,940 7,770 3,672 6,689 6,975 7,046 7,023 8,908 8,052 57,240 18,307 20,409 20,946 20,352 20,652 22,857 24,006 21,277 80,015 88,792 10,529 Ciga- rettes Tax Revenue Tax 9,804 9,421 9,626 8,107 9,530 9,086 9,013 11,172 11,172 69,100 10,988 10,410 10,371 23,444 26,035 24,651 31,134 29,122 30,599 29,715 30,802 13,071 10,627 Liquor 105,264 120,238 Economic Economic Classification ofGovernment Revenue Total 35,989 25,184 17,183 23,278 30,427 53,294 52,171 56,710 57,526 57,121 74,135 63,521 88,693 21,563 22,795 28,062 24,063 22,277 18,375 20,466 18,992 275,350 219,700 283,470 7,011 7,011 6,336 6,434 8,793 8,699 8,452 8,621 7,529 11,113 11,113 16,047 10,033 10,468 15,833 21,821 18,568 24,994 23,791 19,781 30,374 24,849 40,332 89,173 Imports 115,336 115,336 135,266

Added Tax Value Non- 11,364 11,364 11,845 11,463 10,846 19,942 15,151 15,130 14,002 12,810 16,949 15,364 13,825 14,594 31,473 33,603 31,716 33,735 37,340 43,761 38,672 48,361 Manu- Manu- 140,084 130,527 168,134 facturing facturing/

& 6,661 9,577 7,840 6,370 6,367 8,009 7,249 8,082 6,332 7,586 6,967 7,434 8,190 Levy ment Ports 11,988 11,988 68,646 58,644 88,823 12,731 14,240 19,685 19,397 23,340 20,885 25,201 Airport develop- 8,170 8,767 tax 38,066 13,159 25,727 17,802 27,051 13,320 21,608 29,907 39,291 26,394 27,662 43,134 44,364 66,817 47,055 58,173 90,806 62,823 198,115 198,115 262,583 258,857 108,268 Income

Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Period (a) Provisional 2015 2016 (a) 2016(a) 2014 2015 2016 (a) 2015 FINANCE GOVERNMENT

Central Bank of Sri Lankaw Bulletin w January 2017w 31 GOVERNMENT FINANCE TABLE 30

Government Expenditure – 2016 Rs. million Recurrent Capital Ministry (a) Approved December Upto Approved December Upto Estimates December Estimates December

1. HE the President, Prime Minister, Judges of the Supreme Court etc. 10,842 900 7,427 6,774 3,755 5,496 2. Buddha Sasana 1,392 242 1,265 775 275 753 3. Finance (b) 639,505 9,503 631,857 1,115,381 26,230 778,437 4. Defence 257,579 44,036 244,663 53,492 262,079 25,868 5. National Policies and Economic Affairs 3,414 316 3,159 33,926 11,715 23,469 6. Disaster Management 1,009 93 917 4,721 1,037 3,529 7. Posts, Postal Services and Muslim Religious Affairs 12,584 1,198 12,504 585 189 423 8. Justice 7,564 749 7,293 3,025 958 2,220 9. Health, Nutrition and Indigenous Medicine 138,340 12,969 112,992 41,292 8,427 23,641 10. Foreign Affairs 9,450 1,492 8,941 520 200 420 11. Transport and Civil Aviation 34,251 2,728 32,815 54,487 10,471 34,577 12. Higher Education and Highways 30,676 2,729 29,545 200,349 48,560 166,055 13. Agriculture 51,067 8,149 43,357 8,327 1,949 4,528 14. Power and Renewable Energy 509 73 477 13,159 12,260 12,544 15. Women and Child Affairs 9,099 1,214 7,219 1,112 273 554 16. Home Affairs 27,616 2,436 25,525 22,647 6,431 12,913 17. Parliamentary Reforms and Mass Media 3,372 438 3,161 2,273 191 397 18. Housing and Construction 1,615 374 1,562 6,684 1,462 6,644 19. Social Empowerment and Welfare 69,247 10,344 65,281 1,553 1,075 1,471 20. Education 171,220 6,716 49,324 32,152 5,195 15,676 21. Public Administration and Management 201,665 7,631 200,133 519 252 474 22. Plantation Industries 3,265 317 3,003 7,676 1,249 5,537 23. Sports 1,203 110 1,143 3,244 749 2,086 24. Hill Country New Villages, Infrastructure and Community Development 223 19 189 1,574 347 1,095 25. Prisons Reforms, Rehabilitation, Re-settlement and Hindu Religious Affairs 6,527 646 6,106 20,224 4,384 15,901 26. Industry and Commerce 2,711 238 2,494 7,791 981 6,658 27. Petroleum Resources Development 215 20 214 228 52 192 28. Fisheries and Aquatic Resources Development 1,822 178 1,789 4,677 1,360 3,881 29. Lands 4,743 417 4,682 3,606 574 2,377 30. Rural Economic Affairs 1,444 113 1,436 9,999 5,322 7,876 31. Provincial Councils and Local Government 171,459 53,039 170,168 72,432 5,175 50,921 32. National Dialogue 464 51 422 354 64 165 33. Public Enterprise Development 289 24 267 847 85 821 34. Tourism Development and Christian Religious Affairs 271 50 253 648 241 295 35. Mahaweli Development and Environment 5,346 474 5,270 64,431 15,279 40,510 36. Sustainable Development and Wildlife 1,924 225 1,901 2,065 690 1,587 37. Megapolis and Western Development 1,249 355 927 29,203 5,395 12,409 38. Internal Affairs, Wayamba Development and Cultural Affairs 3,214 474 3,162 6,004 2,355 3,480 39. National Integration and Reconciliation 77 8 47 320 248 291 40. City Planning and Water Supply 268 35 261 34,682 9,777 26,500 41. Special Assignment 85 14 60 108 17 12 42. Ports and Shipping 197 26 179 1,748 334 1,053 43. Foreign Employment 619 115 593 524 404 476 44. Law and Order and Southern Development 66,015 6,395 62,845 7,028 1,847 4,056 45. Labour and Trade Union Relation 2,064 206 2,016 5,146 1,119 3,554 46. Telecommunication and Digital Infrastructure 133 16 131 1,444 360 865 47. Development Strategies and International Trade 626 78 594 479 68 180 48. Science, Technology and Research 1,712 201 1,600 2,367 554 1,694 49. Skills Development and Vocational Training 5,677 637 5,354 7,772 3,174 4,717 50. Irrigation and Water Resource Management 3,447 287 3,277 26,840 2,693 15,539 51. Primary Industries 767 62 661 727 327 624 52. Regional Development 609 30 421 262 73 119

Advance Account Operations – 5,000 708

Total 1,970,680 498,952 1,770,882 1,933,200 263,287 1,336,270

(a) The list of Ministries is based on final accounts prepared by Department of Source : Ministry of Finance State Accounts of the Ministry of Finance as at end 2016. (b) Includes debt service payments.

32 w Central Bank of Sri Lanka w Bulletin w January 2017 GOVERNMENT FINANCE TABLE 31

Economic Classification of Government Expenditure Rs. million Recurrent Capital Period and Total Salaries Interest Pension Samurdhi Other Total net lending & Wages

2014 440,982 436,395 126,136 15,042 304,344 1,322,898 472,967 1,795,865 2015 561,730 509,674 155,320 39,994 434,940 1,701,658 588,737 2,290,394 2016 (a) 576,471 610,895 171,903 40,740 357,773 1,757,782 576,101 2,333,883

2015 Q1 134,259 143,538 35,412 8,777 88,955 410,941 82,490 493,431 Q2 136,496 94,480 38,473 10,834 78,118 358,401 155,675 514,076 Q3 144,009 164,317 41,065 10,419 83,935 443,745 81,292 525,037 Q4 146,966 107,340 40,370 9,964 183,931 488,571 269,280 757,850

2016 (a) Q1 139,239 154,314 40,891 10,345 81,720 426,509 99,811 526,320 Q2 149,448 135,393 43,756 10,194 70,237 409,028 135,235 544,263 Q3 137,886 182,036 43,840 10,156 98,892 472,810 142,609 615,419 Q4 149,898 139,152 43,416 10,045 106,923 449,435 198,446 647,881

2015 December 47,264 35,964 13,487 3,002 123,708 223,425 131,188 354,612

2016 (a) January 44,891 81,025 13,880 3,464 25,399 168,659 33,341 202,000 February 47,160 30,536 13,294 3,445 26,623 121,058 29,190 150,248 March 47,188 42,753 13,717 3,436 29,698 136,792 37,280 174,072 April 49,365 42,362 15,117 3,472 22,872 133,188 46,625 179,813 May 47,292 47,690 14,165 3,336 28,140 140,623 44,134 184,757 June 52,791 45,341 14,474 3,386 19,225 135,217 44,476 179,693 July 42,789 80,726 14,747 3,393 29,566 171,221 55,061 226,282 August 47,464 44,152 14,136 3,397 43,581 152,730 49,543 202,273 September 47,633 57,158 14,957 3,366 25,745 148,859 38,005 186,864 October 50,138 35,955 14,500 3,351 31,423 135,367 60,019 195,386 November 49,124 51,101 14,859 3,343 28,839 147,266 52,352 199,618 December 50,636 52,095 14,057 3,351 46,662 166,802 86,075 252,877

(a) Provisional Source : Ministry of Finance

Central Bank of Sri Lanka w Bulletin w January 2017 w 33 GOVERNMENT FINANCE TABLE 32

Outstanding Central Government Debt(a) Rs. million

End End End End Oct. End Nov. End Dec Item 2013 2014 2015 2016 (b) 2016 (b) 2016 (b)

Total Domestic Debt 3,832,825 4,277,783 4,959,196 5,322,355 5,328,936 5,341,507 Short-Term 909,156 941,162 913,291 1,000,144 1,001,709 968,396 Treasury bills (c) 700,137 694,767 658,240 699,726 698,648 779,581 Provisional advances from the Central Bank 109,167 143,898 151,132 184,815 184,797 83,307 Import bills held by commercial banks 23,960 25,542 4 - - - Other liabilities to the banking sector net of bank deposits 61,959 76,386 103,345 115,603 118,264 105,508 Other (Administrative Borrowings) 13,933 570 570 - - - Medium and Long-Term 2,923,670 3,336,620 4,045,905 4,322,211 4,327,227 4,373,111 Rupee Securities 55,518 55,518 24,088 24,088 24,088 24,088 Treasury bonds (d) 2,452,360 2,844,054 3,305,248 3,672,771 3,691,100 3,714,787 Sri Lanka Development Bonds 369,215 391,083 668,458 578,120 565,132 572,199 Foreign Currency Banking Units 19,613 19,657 21,609 14,711 14,795 29,960 Other 26,964 26,308 26,502 32,521 32,112 32,077 By Debt Instrument 3,832,825 4,277,783 4,959,196 5,322,355 5,328,936 5,341,507 Rupee Securities 55,518 55,518 24,088 24,088 24,088 24,088 Treasury bills (c) 700,137 694,767 658,240 699,726 698,648 779,581 Treasury bonds (d) 2,452,360 2,844,054 3,305,248 3,672,771 3,691,100 3,714,787 Sri Lanka Development Bonds 369,215 391,083 668,458 578,120 565,132 572,199 Provisional Advances 109,167 143,898 151,132 184,815 184,797 83,307 Other 146,429 148,463 152,031 162,835 165,172 167,545 By Institution 3,832,825 4,277,783 4,959,196 5,322,355 5,328,936 5,341,507 Banks 1,433,773 1,669,882 1,924,036 2,054,598 2,088,414 2,114,901 Central Bank By Debt Instrument 112,396 267,677 256,050 367,282 407,314 414,950 Treasury bills 3,053 123,496 104,754 182,241 222,228 331,389 Provisional Advances 109,167 143,898 151,132 184,815 184,797 83,307 Other 176 282 164 227 289 254 Commercial Banks By Debt Instrument 1,321,377 1,402,205 1,667,986 1,687,316 1,681,100 1,699,951 Rupee Loans 15,870 15,870 15,870 15,870 15,870 15,870 Treasury bills 443,951 278,296 340,664 289,031 266,108 244,139 Treasury bonds 386,398 595,067 517,613 673,620 700,633 731,942 Sri Lanka Development Bonds 369,215 391,083 668,458 578,120 565,132 572,199 Other 105,943 121,890 125,382 130,675 133,358 135,802 Sinking Fund 100 100 100 100 100 100 Non-Bank sector By Debt Instrument 2,398,953 2,607,801 3,035,060 3,267,657 3,240,422 3,226,506 Rupee Loans 39,548 39,548 8,118 8,118 8,118 8,118 Treasury bills 253,133 292,975 212,822 228,454 210,311 204,052 Treasury bonds 2,065,962 2,248,987 2,787,635 2,999,151 2,990,468 2,982,845 Other (e) 40,310 26,291 26,485 31,934 31,525 31,490 By Institution 2,398,953 2,607,801 3,035,060 3,267,657 3,240,422 3,226,506 National Savings Bank 358,243 379,877 428,236 429,284 429,923 426,771 Employees’ Provident Fund 1,393,458 1,474,244 1,614,256 1,744,278 1,760,578 1,778,276 Other 647,252 753,679 992,568 1,094,095 1,049,921 1,021,459

Total Foreign Debt (f) 2,960,424 3,113,116 3,544,031 3,983,955 4,021,614 4,045,796 By Type 2,960,424 3,113,116 3,544,031 3,983,955 4,021,614 4,045,796 Project Loans 1,938,909 1,904,599 2,180,388 2,290,879 2,339,235 2,361,118 Non-Project Loans 1,021,515 1,208,516 1,363,642 1,693,076 1,682,379 1,684,678 Commodity 61,597 69,993 71,470 68,706 68,678 69,101 Other 959,918 1,138,523 1,292,173 1,624,370 1,613,701 1,615,577 By Institution 2,960,424 3,113,116 3,544,031 3,983,955 4,021,614 4,045,796 Concessional Loans 1,492,842 1,490,978 1,729,895 1,843,085 1,873,838 1,897,680 Multilateral 716,792 704,044 794,485 849,355 850,874 855,998 Bilateral 776,050 786,934 935,410 993,730 1,022,964 1,041,682 Non-Concessional Loans 1,467,582 1,622,138 1,814,136 2,140,870 2,147,776 2,148,116 Multilateral 186,749 183,917 199,945 203,450 217,060 220,551 Bilateral 273,727 273,751 307,101 317,064 322,580 318,308 Commercial Loans (g) 1,007,107 1,164,470 1,307,089 1,620,356 1,608,135 1,609,257

Total Outstanding Government Debt 6,793,249 7,390,899 8,503,227 9,306,310 9,350,550 9,387,303

(a) Outstanding Treasury bills and Treasury bonds have been adjusted for secondary market transactions. Sources : Ministry of National Policies and (b) Provisional Economic Affairs (c) Excludes rupee denominated Treasury bills held by foreign investors from 2008. Ministry of Finance Central Bank of Sri Lanka (d) Excludes rupee denominated Treasury bonds held by foreign investors from 2007 and Treasury bonds amounting to Rs. 78,447 million issued to settle dues to CPC in January 2012 and Rs. 13,125 million issued to capitalise SriLankan Airlines in March 2013. (e) Includes sinking fund. (f) Excludes outstanding loans of projects under state owned business enterprises. (g) Includes outstanding defence loans.

34 w Central Bank of Sri Lanka w Bulletin w January 2017 TRADE, TOURISM AND BALANCE OF PAYMENTS TABLE 33

Exports, Imports and Trade Balance US dollars million

Imports Exports Balance of Trade

Period Customs Adjusted Domestic Re-Exports Total Total Customs Adjusted (a) (b) Customs Adjusted (b) (a) (b) (b) (a) (b)

2014 19,205.0 19,416.8 11,044.6 253.2 11,297.8 11,130.1 -8,160.4 -8,286.7 2015 18,881.4 18,934.6 10,267.8 239.1 10,506.9 10,546.5 -8,613.6 -8,388.1 2016 19,238.6 19,400.1 10,127.3 333.5 10,460.8 10,309.7 -9,111.2 -9,090.3

2015 1st Quarter 4,870.4 4,792.1 2,783.2 53.6 2,836.8 2,895.8 -2,087.2 -1,896.3 2nd Quarter 4,621.7 4,754.6 2,498.0 98.4 2,596.4 2,548.6 -2,123.7 -2,206.0 3rd Quarter 4,624.8 4,640.0 2,533.4 38.5 2,571.9 2,592.4 -2,091.5 -2,047.6 4th Quarter 4,764.5 4,747.9 2,453.2 48.5 2,501.8 2,509.7 -2,311.3 -2,238.2

2016 (c) 1st Quarter 4,546.8 4,594.5 2,698.1 99.0 2,797.1 2,739.2 -1,848.7 -1,855.3 2nd Quarter 4,626.7 4,726.5 2,345.8 96.0 2,441.8 2,391.1 -2,280.9 -2,335.5 3rd Quarter 4,688.2 4,624.7 2,619.3 42.8 2,662.1 2,655.7 -2,068.9 -1,969.0 4th Quarter 5,376.9 5,454.3 2,464.2 95.7 2,559.8 2,523.7 -2,912.7 -2,930.6

2015 December 1,669.9 1,644.7 797.1 12.5 809.6 820.5 -872.8 -824.2

2016 (c) January 1,546.2 1,589.1 869.2 53.9 923.0 898.6 -677.0 -690.5 February 1,402.2 1,439.3 892.9 23.9 916.9 891.6 -509.2 -547.7 March 1,598.4 1,566.0 935.9 21.2 957.2 949.0 -662.5 -617.0 April 1,464.7 1,460.9 693.7 15.9 709.6 710.4 -771.0 -750.5 May 1,570.4 1,589.8 763.6 13.1 776.7 780.1 -806.8 -809.7 June 1,591.6 1,675.8 888.5 67.0 955.6 900.6 -703.1 -775.2 July 1,494.4 1,432.8 876.7 16.7 893.4 891.5 -617.7 -541.3 August 1,651.1 1,649.1 854.7 11.4 866.1 866.3 -796.4 -782.8 September 1,542.7 1,542.9 887.9 14.7 902.5 897.9 -654.8 -645.0 October 1,869.4 1,906.2 834.5 62.7 897.2 855.0 -1,034.9 -1,051.1 November 1,734.2 1,732.1 794.9 15.0 809.9 809.7 -939.4 -922.4 December 1,773.2 1,816.1 834.8 18.0 852.8 859.0 -938.4 -957.1

(a) Adjusted for lags and other factors of recording Sources : Sri Lanka Customs (b) Data for the year 2015 were revised Central Bank of Sri Lanka (c) Provisional

Central Bank of Sri Lanka w Bulletin w January 2017 w 35 34 900.6 809.7 859.0 897.9 820.5 949.0 710.4 780.1 891.5 898.6 866.3 855.0 891.6 Total (a) (b) 2,509.7 Exports 2,895.8 2,548.6 2,739.2 2,391.1 2,655.7 2,523.7 2,592.4 11,130.1 10,546.5 10,309.7 TABLE US dollars million 3.1 7.5 4.3 7.6 6.0 9.1 6.2 1.1 2.8 1.6 2.3 2.2 3.5 1.9 2.5 2.2 1.8 2.2 3.0 6.7 59.5 28.4 10.0 29.0 Mineral Exports 59.6 19.3 58.8 56.3 62.4 50.5 55.2 59.1 21.2 22.4 15.6 17.9 17.0 18.8 19.8 17.1 17.1 20.3 21.7 20.2 50.6 Ceylon Petroleum Corporation and other Exporters of Petroleum Authority National Gem and Jewellery Sri Lanka Customs Central Bank of Sri Lanka 334.1 225.3 227.3 Other

Sources : 9.3 8.0 9.5 7.9 6.6 5.7 9.3 11.7 11.7 43.6 10.5 40.6 42.3 28.1 28.7 37.1 20.1 14.4 10.8 10.0 14.9 33.9 114.1 114.1 165.2 160.4 Minor Products Agricultural 90.8 18.0 13.0 39.9 79.9 91.1 60.9 64.4 83.1 24.4 22.8 19.4 32.0 33.1 35.7 28.7 22.4 32.0 20.1 115.5 115.5 264.6 377.4 317.1 108.7 Spices 82.1 35.1 27.0 37.2 92.0 98.4 79.1 87.8 86.4 90.4 23.7 24.5 27.9 31.5 31.8 32.3 33.0 28.9 28.5 28.2 356.4 351.7 366.0 101.4 Agricultural Exports Coconut Products 7.4 3.2 2.7 2.3 6.8 5.8 6.2 9.9 7.1 6.1 9.6 2.3 3.5 2.5 1.8 1.6 2.3 3.0 3.3 3.2 3.3 45.3 26.1 32.7 Rubber 93.2 99.4 90.2 Tea 112.7 112.7 114.9 335.3 347.6 313.1 305.2 331.5 319.2 105.2 121.9 107.8 108.9 108.1 101.3 109.8 324.6 333.0 101.0 1,628.3 1,340.5 1,269.0 Exports (a) 405.5 117.0 117.0 Other 559.8 444.0 393.2 463.5 426.7 126.9 121.2 183.9 131.6 144.5 136.7 148.9 177.9 141.1 136.9 148.7 385.2 379.8 138.9 1,710.7 1,730.2 1,727.4 74.2 58.1 72.2 82.4 30.3 28.6 27.1 18.2 16.9 23.0 30.1 23.0 19.0 27.2 24.5 30.8 96.2 83.0 66.9 18.5 338.0 373.9 286.9 127.9 Products Petroleum 75.0 73.4 62.2 63.3 18.1 30.6 19.7 23.8 27.7 21.9 18.3 20.7 23.3 25.7 18.1 19.5 72.2 70.7 79.3 24.7 Gem, 393.6 331.7 273.9 109.5 Jewellery Diamond & Industrial Exports 61.2 62.4 58.5 71.3 71.6 48.5 57.1 63.3 68.2 68.2 67.5 68.3 60.2 203.2 168.8 203.9 191.9 889.8 761.2 767.9 207.8 190.2 185.5 177.7 Rubber Products

and 383.1 393.6 441.8 340.5 374.7 430.2 393.4 382.2 391.6 463.1 393.4 464.4 425.6 Textiles Textiles 1,201.2 4,929.9 4,820.2 4,884.1 1,258.0 1,369.3 1,145.4 1,168.3 1,147.4 1,224.5 1,190.3 Garments November December 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter December January March April May June July August September October 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter February Period (a) Data for the year 2015 were revised exports includes unclassified exports. Total (b) (c) Provisional

2016 (c) 2015 2016 (c) 2015 2016 2015 2014 TRADE, TOURISM AND BALANCE OF PAYMENTS PAYMENTS OF BALANCE AND TOURISM TRADE,

36 w Central Bank of Sri Lankaw Bulletin w January 2017 TRADE, TOURISM AND BALANCE OF PAYMENTS TABLE 35 Composition of Industrial and Mineral Exports US dollars thousand December January – December Item 2015 2016 (a) 2015 2016 (a)

Food, Beverages & Tobacco 27,116 23,712 306,804 323,700 Milling Industry Products 1,886 2,236 31,008 26,095 Vegetable, Fruit and Nuts Preparations 7,843 7,470 87,336 99,622 Cereal Preparations 1,717 1,489 21,002 19,225 Fish Preparations (c) 11 17 400 385 Manufactured Tobacco 5,728 5,427 57,706 73,129 Other 9,931 7,072 109,352 105,245 Animal Fodder 5,340 7,211 75,065 67,788 Textiles & Garments 393,390 393,564 4,820,184 4,884,088 Garments 369,249 368,072 4,555,569 4,602,745 Woven Fabrics 9,603 10,935 101,465 107,112 Yarn 5,379 5,719 63,033 69,547 Other made up textile articles 9,159 8,838 100,117 104,683 Rubber Products 58,479 62,383 761,151 767,882 Rubber Tyres 36,777 36,725 466,706 476,095 Surgical and Other Gloves 13,731 17,743 164,670 175,989 Other Rubber Products 7,971 7,914 129,775 115,798 Gems, Diamonds & Jewellery 18,097 19,544 331,663 273,892 Gems 8,146 8,436 164,059 149,293 Diamonds 8,470 9,702 148,363 104,516 Jewellery 1,481 1,406 19,242 20,083 Machinary & Mechanical Appliances 23,420 24,895 293,811 317,611 Electrical Machinery and Equipment 3,721 3,322 54,286 45,478 Electronic equipment 9,372 7,874 97,007 100,074 Insulated Wires, Cables and Conductors 3,354 4,592 45,097 53,363 Other Industrial Machinery 6,973 9,107 97,420 118,696 Transport Equipment 5,499 7,659 243,661 131,498 Road Vehicles 3,015 2,218 40,278 42,079 Ships, Boats and Floating Structures 431 2,945 181,611 64,760 Other 2,053 2,497 21,772 24,659 Petroleum Products 30,282 30,788 373,919 286,865 Bunkers & Aviation Fuel 29,022 29,839 364,212 270,605 Other Petroleum Products 1,260 949 9,707 16,259 Chemical Products 10,836 11,136 126,450 126,270 Wood & Paper Products 9,209 11,971 112,388 116,713 Leather, Travel Goods and Footwear 9,710 11,242 135,721 165,596 Footwear 6,162 6,974 86,307 117,630 Travel Goods 2,442 3,169 28,501 28,570 Other 1,106 1,099 20,912 19,395 Plastics and Articles 5,654 5,728 62,449 66,310 Base Metals and Articles 4,253 6,863 55,808 89,590 Ceramic Products 2,213 2,864 35,166 34,405 Tiles 483 565 7,486 7,296 Tableware, Household Items and Sanitaryware 1,668 2,023 24,855 23,297 Other 62 275 2,825 3,813 Other Industrial Exports 23,624 35,376 282,891 287,920

TOTAL INDUSTRIAL EXPORTS 627,122 654,936 8,017,130 7,940,127

Mineral Exports Natural Graphite 299 477 3,906 4,589 Natural Sands – 0 2 8 Quartz 453 652 8,667 9,996 Other 385 1,077 15,812 14,396

TOTAL MINERAL EXPORTS 1,137 2,206 28,388 28,989

(a) Provisional Sources : Ceylon Petroleum Corporation (b) Revised and other Exporters of Petroleum (c) Including crustaceans and molluscs National Gem and Jewellery Authority Sri Lanka Customs Central Bank of Sri Lanka

Central Bank of Sri Lanka w Bulletin w January 2017 w 37 36 kg) pore No.3 214.84 185.13 212.37 240.32 202.31 176.89 218.72 271.17 178.48 208.90 229.61 263.60 247.75 213.67 221.85 235.18 176.04 200.76 213.38 320.29 176.16 230.91 223.31 201.95 cents/ R.S.S. Singa- (Sing. $ Br TABLE 159.11 188.57 148.75 178.34 175.96 200.71 187.23 170.48 222.35 141.84 174.33 185.44 224.00 213.27 187.80 179.98 187.31 181.06 145.31 172.13 257.60 169.83 169.29 Scrap Crepe No. IX No.1 259.57 284.49 236.48 278.91 309.90 335.28 270.29 243.96 286.31 231.00 220.50 236.66 302.20 296.30 258.81 261.10 335.60 284.00 283.14 218.88 274.71 276.00 272.17 Latex Crepe Sri Lanka Customs The Ceylon Chamber of Commerce Bank World Central Bank of Sri Lanka Colombo Tea Association Brokers’ Colombo Tea

264.83 287.37 240.66 286.15 314.54 338.31 273.75 247.44 289.38 234.71 228.00 235.33 310.00 301.53 262.31 267.15 337.40 285.60 287.14 222.43 279.00 278.75 272.51 Br. IX Prices Sources : 270.00 262.71 172.33 – – No.2 247.00 194.46 232.28 259.45 189.25 228.47 234.07 261.29 224.90 232.20 243.42 239.00 242.92 283.00 280.14 229.76 271.14 249.00 188.67 205.47 221.38 239.00

Colombo Market (Rs./kg) No.1 254.38 210.23 236.31 261.60 194.00 268.92 229.33 237.10 262.50 229.35 241.72 245.88 248.96 248.17 285.21 286.05 239.28 274.96 250.75 228.00 208.68 232.63 225.23 245.33 R.S.S. 2.27 2.41 2.14 1.67 2.38 1.99 2.24 1.58 1.64 2.18 2.70 2.72 2.04 2.52 1.82 2.78 2.02 2.60 2.69 2.78 2.12 2.04 1.97 2.09 kg) Price F.O.B. (US $ /

Rubber Total 1.6 1.8 2.3 26.1 45.3 32.7

Other 0.1 0.2 2.0 5.9 4.3 Crepe

1.4 1.6

(US $ mn) 22.6 34.9 25.7

Sheet

… Value Value 0.1 0.1 1.9 0.2 1.6 4.5 2.7 Total 711 930 850

4,108 0.6 8.8 0.5 9.9 2,861 0.3 5.4 0.4 6.1 5,717 1.1 5.9 2.5 9.6 1,368 0.2 2.9 0.1 3.3 1,008 0.1 2.0 0.1 2.3 1,935 0.6 1.7 0.8 3.0 2,007 0.3 2.0 1.0 3.3 0.7 6.8 3,133 0.7 5.4 2,136 0.1 5.2 0.4 5.8 2,266 0.3 5.5 0.4 6.2 3,481 0.7 5.6 0.8 7.1 1,776 0.2 2.3 0.8 3.2 1,245 0.1 3.3 0.1 3.5 1,344 0.5 2.1 0.2 2.7 1,142 0.1 2.0 0.2 2.3 0.5 7.4 2,837 0.5 6.4 1,495 0.3 2.7 0.2 3.2 1,207 0.2 1.9 0.4 2.5

10,373 Other 38 43 68 46 92 71 96 184 198 132 580 637 299 143 131 438 485 107 148 722 199

1,702 2,167 16,306 2,522 16,167 Crepe 614 779 900 989 950 992 701 894

3,547 2,506 3,339 1,165 1,163 2,369 1,940 1,997 2,623 1,161 1,188 2,442 1,220 8,748 Volume (’000 kg) Volume Sheet 59 19 40 53 39 58 78 115 376 156 676 159 366 207 465 138 421 287 103 247 179 903 1,967 12,173 1,630 12,015 Exports All 511.68 Teas 406.39 477.59 572.20 402.22 433.08 468.81 553.01 579.60 400.44 383.71 403.69 436.42 448.15 459.01 473.15 409.61 428.04 584.01 417.99 414.91 407.35

Tea and Rubber – Auctions and Exports and Auctions Rubber – and Tea Low 411.85 501.11 590.44 402.29 460.55 490.58 572.94 598.99 425.84 396.06 414.25 454.61 467.22 485.47 489.50 418.73 436.07 537.49 599.40 429.72 428.49 414.54 503.38 375.56 391.01 415.31 486.55 501.33 399.88 475.27 452.28 357.17 340.75 358.46 374.86 398.60 422.02 409.46 368.74 395.32 450.88 522.25 382.03 367.39 380.29 359.60 416.47 401.46 Medium Gross Price (Rs./kg) Colombo Auctions High 552.53 420.54 392.02 434.90 527.39 559.75 365.00 377.22 402.47 417.01 414.06 437.89 423.03 416.97 405.33 455.37 424.71 409.70 427.14 459.62 570.45 404.16 406.92 420.79

(kg. Sold ’000) 77,611 56,383 23,163 32,263 23,673 419.13 20,625 18,958 17,189 83,154 80,703 76,248 72,652 69,293 24,758 24,031 15,631 24,995 20,235 72,396 22,461 29,054 326,061 313,865 387.21 274,576 Quantity 4.84 4.28 4.27 4.19 4.33 4.71 4.95 4.44 4.35 4.12 4.21 4.24 4.34 4.24 4.12 4.20 4.52 4.86 4.97 4.37 4.39 4.58 4.14 4.22 Price Price F.O.B. US $ / kg 90 99 93 115 110 113 319 101 122 108 109 108 101 348 325 333 313 305 331 335 105 mn 1,628 1,340 1,269 US$ Value Exports 21,264 28,565 25,719 25,146 25,433 22,929 20,473 22,612 66,014 24,131 23,607 26,716 22,176 78,335 74,551 80,868 74,453 72,005 76,298 73,212 25,433 327,342 306,966 288,771 Volume (kg ’000) Tea May Jun Jul Aug Sep Oct Nov Dec 4th Qtr 4th Jan Feb Mar Apr 2nd Qtr Qtr Qtr 2nd 3rd Qtr 4th Qtr Qtr 1st 2nd 3rd Dec 1st Qtr 1st Period

PAYMENTS OF BALANCE AND TOURISM TRADE, (a) Provisional

2015 2016(a) 2015 (a) 2016 2014 2015 2016

38 w Central Bank of Sri Lankaw Bulletin w January 2017

(US$ / kg) / (US$

37 Coconut Desiccated

1.85

1.81 1.90 1.86 1.83 1.78 1.86 1.92 1.88 2.01 2.14 2.26 2.57 1.85 2.64 2.06 1.90 1.85 1.87 2.13 Sri Lanka Sri 2.29 1.93 2.46 1.95

(US$ / kg) / (US$

TABLE

Copra Philippine 0.70 0.69 0.81 0.72 0.66 0.67 0.72 0.80 0.81

0.69 0.79 0.71 0.81 0.82 0.78 0.80 0.80 0.82 0.68 0.81 0.78 0.79 0.81 0.85

London Market (a) London Market Copra (c) Copra – Coconut Development Authority Sri Lanka Customs The Public Ledger Central Bank of Sri Lanka

140.31 143.52 148.17 159.38

143.72 141.20 151.32 152.00 143.33 150.07 148.24 155.26 153.15 148.10 163.62 141.85 141.63 139.55 137.12 144.26 156.40 152.20 169.54

Oil Coconut Coconut Sources : 265.99 255.59 257.27 264.20 256.13 259.02 278.43 250.38 261.84 254.40 256.18 269.87 264.09 264.00 272.74 269.17 293.38 265.52 264.89 266.85 277.80 277.91 255.43 250.96

Prices

Coconut Desiccated Colombo Market (Rs. / kg) Colombo Market

253.87 266.79 261.50 253.90 249.97 260.73 296.51 257.56

247.78 260.45 244.56 245.12 251.96 264.53 279.29 293.43 316.82 290.65 265.27 297.05 321.49 332.86 257.46 250.76 Copra

1.74 1.32 1.71 1.45 1.47 1.31 1.39 1.55 1.56 1.45 1.25 1.63 1.39 1.26 1.38 1.44 1.37 1.34 1.35 1.29 1.36 1.50 1.53 1.61

Oil Coconut Coconut

5.77 3.97 5.76 5.45 4.93 4.53 4.23 3.98 (US $ / kg) 4.14 5.50 4.55 5.19 4.93 4.90 4.24 4.10 4.33 3.90 4.03 3.97 4.28 3.90 4.11 3.94

Coconut

F.O.B. Desiccated

2.69 1.70 2.88 2.02 1.76 1.54 1.82 1.64 1.67 2.17 1.47 1.95 1.71 1.55 1.70 1.89 1.86 1.69 1.60 1.80 1.61 1.51 1.67 1.80 Total

28,208 92,049 23,688 24,470 27,005 27,941 31,451 31,823 32,343 86,397 37,197 82,147 98,431 79,089 87,762 90,434 35,083 32,997 28,907 28,531

365,956 351,716 356,354 101,363

Products Non-Kernal 7,088 11,977 11,620 13,777 32,571 39,275 10,668 12,136 12,647 12,291 35,733 14,337 33,648 37,236 26,579 40,605 34,258 16,160 12,924 10,699 10,635

149,872 130,035 142,093 Copra 99 58 38 87 30 29 56 71 744 121 276 146 149 179 213 231 309 981 172 252 402 327

1,712 6,896

Value (US $ ’000) Value Oil Coconut 5,758 9,576 8,053 6,253 5,888 6,854 9,240 8,728 9,124 8,174 8,174 7,768 8,422

93,961 58,419 34,427 27,429 21,983 31,948 30,354 24,421 20,185 24,364

121,151

Coconut Desiccated 7,511 8,574 8,490 9,053 9,437 9,146 11,647 99,786 13,135 24,929 34,382 10,046 10,391 10,856 28,535 10,578 10,038 16,371 30,627 27,858 26,662 30,831 120,410 148,946

Major Coconut Products – Auctions and Exports and Auctions Products – Major Coconut

Mn. Nuts (b) Nuts Mn. Total 57 78 53 49 54 53 61 68 73 69 79 65 59 93

552 765 716 124 219 168 167 167 175 203 Copra 79 70 42 30 63 21 21 42 53 116 478 168 263 203 105 126 105 147 157 235 634

1,184 4,222

Oil Coconut 1,266 2,410 2,093 1,890 2,138 5,191 1,634 1,275 1,910 1,388 1,671 2,133 2,239 2,265 5,546 5,963 5,568 4,955 4,452 6,914 210 6,122

11,254 22,032 22,679

Volume (’000 kg) Volume Coconut Desiccated 5,852 7,285 7,721 6,015 5,090 4,954 4,841 6,589 5,333 4,980 5,398 6,134 6,785 5,694 9,275 15,711 76,406 45,963 72,023 15,161 15,833 17,282 20,204 18,826 Exports Feb Sep Oct Nov Dec Jan Mar Apr May Jun Jul Aug 3rd Qtr 4th Qtr Qtr Qtr Qtr 1st 2nd Qtr 3rd 4th Dec 1st Qtr 2nd Qtr Period This refers to prices of the best quality copra. Provisional Computed from weekly averages. the volume of the conversion of the conversion formula used for Annual Report 2013 gives the 14 in the Table of Footnote (d) three main types of coconut exports to their nut equivalent (from kgs). three main types of coconut exports to their nut equivalent (c) (d) (a) (b)

2016 (d) (d) 2016 2015 2014 2015 2016 2015 PAYMENTS OF BALANCE AND TOURISM TRADE,

Central Bank of Sri Lankaw Bulletin w January 2017w 39 Other 5,801 3,693 7,329 3,752 6,123 6,639 5,298

2,127 1,573 2,141 2,528 2,008 2,490 2,547 1,669 1,584 1,768 1,403 1,553 2,023

23,862 10,190 25,999 24,963 TABLE 38 TABLE nuts Cashew 4 4 1 1 8 1 8 5 2 1 11 Volume (’000 kg) Volume 63 17 14 27 26 46 18 17 16 13 14 113 129

: Sri Lanka Customs Essential Oils Essential 2 4 5 7

54 54 27 28 26 60 46 29 Source 11 11

18 34 24 14 19 21 21 14 188 158 134 Betel Leaves Betel 530 671 407 801 525 562 365 499

119 119 112 112 158 194 176 133 177 178 174 177 165 196 192

1,956 2,998 2,404 Arecanuts 933 414 819 861 285 234 5,753 7,672 4,490 9,727 7,624 2,878 3,904

1,911 1,911 1,739 1,010 1,133 2,913 1,100 2,917 1,049

13,468 29,384 29,513 Coffee 4 7 5 6 5 3 4 2 1 2 1 1 1 1 2 2 1 1 1 1 1 14 57 24

Minor Agricultural Minor Agricultural Products

7 8 Cocoa 3 3 8 1 3 9 1 2 3 5 3 2

43 12 17 33 31 18 10 93

13 334 Sesame Seeds Sesame 77 57 70 95 76 206 112 112 112 112 413 167 264 188 487 944

1,043 Cereals 307 423 391 395 401 353 313 424 451 335 456

2,760 761 3,566 300 2,487 619 1,181 540

1,701 2,687 12,573 3,496 17,160 3,886 Fruits

7,504 1,066 2,474 8,747 5,345 7,279 6,209 2,843 8,917 9,093 6,636 7,715 2,845

2,625 2,986 3,635 3,135 3,161 2,945 2,577 2,587 2,340 2,224 1,787 3,352 3,296 33,300 8,301 3,934 10,066 39,008 32,659

Tobacco Unmanufactured Unmanufactured 53 48 83 82 65 58 64 92 65 84 93 897 213 173 197 221 288 195 201 880 289

104 101

1,162 Vegetables 6,124 7,054 5,535 5,093 4,387 6,864 4,786 7,143 1,422 1,586 1,458 2,087 1,935 1,573 2,741 1,481 1,903 1,649 1,316 1,856 1,991 21,140 40,460 25,846

Other Spices Other

97 90 96 71

291 350 275 112 112 126 163 207 130 514 584 307 306 Mace

Exports of Other Agricultural Products – Volume Agricultural Other of Exports

Nutmeg and and Nutmeg 78

463 789 771 1,228 310 113 113 169 144 291 292 267 288 215 216 167 147 126 Cloves 97 95 67 468 477 199 200 145 189 173 156 148 142 121 213

Spices Pepper 551 315 778 827 857 686 568 279 706 814 400 285 3,405 498 697 288 1,266 363 391 2,199 534 696 467 2,457 475 530 725 1,203 1,214 1,200 17,027 5,529 2,258

Cinnamon 926 662 678 1,962 1,393 1,217 3,888 6,614 4,645 3,816 2,532 5,062 2,462 3,536 1,059 1,192 1,485 1,616 2,350 4,166 1,403 1,396 1,299 2,945 2,841 3,159 1,458 2,387 2,708 14,946 8,383 1,849 2,065 1,990 13,949 8,353 1,233 13,828 September October November December 3rd Quarter Quarter 3rd Quarter 4th Quarter 1st Quarter Quarter 2nd 3rd 4th January March April May June July August 2nd Quarter 2nd February December 1st Quarter 1st Period

TRADE, TOURISM AND BALANCE OF PAYMENTS OF BALANCE AND TOURISM TRADE, (a) Provisional 2016 (a) (a) 2016 2015 2014 2015 2016 2015

40 w Central Bank of Sri Lankaw Bulletin w January 2017 Total

35,537 34,916 40,359 33,158 51,560 33,520 57,335 25,160 46,016 52,493 44,925 41,882 36,883 115,761 511,181

161,387 104,957 600,061 488,818 150,671 136,934 163,279 149,178 106,713 US $ ’000 Other TABLE 39 TABLE 1,637 1,671 2,017 1,705 1,733 1,858 2,840 1,670 1,713 1,971 1,489 1,689 1,494 25,366 21,999

: Sri Lanka Customs Cashew nuts Cashew 4 11 11 18 50 13 64 52 88 31 204 6,544 212 4,871 770 310 6,887 171 5,600 341 5,149 562 6,188 210 5,021 145 5,564

105 154 172 181 Source

1,423 1,384 23,824 Essential Oils Essential 95 76 499 748 598 579 998 804

259 274 438 508 897 595 517 221 369 143 423

4,516 4,719 2,425 Betel Leaves Betel 463 752 694 635 690 441 696 753 718 656 755 533 704

7,735 9,132

10,542 Arecanuts 712 568 7,522 2,197 1,540 9,256 1,437 2,282 2,009

4,373 2,749 2,743 1,002 2,156 3,144 4,464 7,315 2,618 1,738 7,807

15,013 2,093 1,377 19,952 3,041 17,885 2,557 10,123 1,524 19,546 2,010 67,506 Coffee 9 9 8 38 39 59 31 48 45 30 29 11 11 12 20 10 10 18 10 13 10 19 228 63,917 141 34,073 177

Minor Agricultural Minor Agricultural Products Cocoa 6 8 4 9 2 6 28 81 33 54 75 25 39 25 11 11 14 31 15 21 10 10 117 244

1,075 Sesame Seeds Sesame 88 96 67 80 311 126 825 312 638 615 112 112 112 112 467 268 199 171 554

2,820 6,160 4,385 3,397 4,660 1,205 1,061 Cereals 404 284 398 394 399 369 391 298 415 441 999 650 406

7,861 5,458

13,042 Fruits

3,926 8,711

3,331 2,890 3,294 3,336 3,339 2,675 4,063 2,288 2,522 2,123 2,978 2,984 2,930 10,700 1,777 44,152 37,991 34,689

Tobacco Unmanufactured Unmanufactured

4,411 4,411 1,411 1,411 3,100 1,931 3,297 2,964 1,907 2,209 3,682 2,413 2,531 2,776 2,221 41,326 31,795 31,171 Vegetables

7,589 8,031 7,892 1,073 3,930 7,640 8,556 8,764 3,409 8,494 7,927 9,815 5,889 8,005 8,440 7,308 1,801 6,760 9,173 9,603 6,468 7,092 9,659 1,443 5,672 6,875 7,535 1,141

2,379 1,879 2,561 2,372 2,147 1,924 2,448 2,558 2,074 1,719 1,820 1,949 3,107

40,064 30,464 26,489 Other Spices Other 588 899 692 952 770 537 744 935

6,268 8,544 7,243 1,600 1,669 2,048 1,927 2,025 2,388 4,904

1,101 2,358 2,975 1,828 1,974 Exports of Other Agricultural Products – Value Agricultural Other of Exports

Mace Nutmeg and and Nutmeg

7,925 6,459 9,249 9,640 6,008 8,449

2,101 3,504 1,833 2,800 4,405 5,221 1,720 4,306 3,622 3,900 2,073 1,243 4,848 11,026 14,375 33,273 Cloves 635 960 941 861 650 850 781

3,311 3,263 3,214 3,758 3,607 3,247

1,798 1,177 1,219 1,535 1,621 1,448 11,989 48,277 29,714 Spices Pepper 6,674 3,203 4,224 7,025 3,537 7,741 9,710 4,542 2,436 6,936 8,171 7,085 11,282 60,154 29,386 21,517 22,997 20,608 22,830 36,676 12,144 149,046

Cinnamon 6,974 8,053 11,910 11,910 14,209 13,271 23,636 16,537 14,834 40,817 46,854 38,368 28,313 61,438 43,281 10,272 13,286 17,663 20,139 28,776 23,133 14,824 39,857 15,585 171,399 76,404 13,826 29,763 139,832 72,375 14,037 139,580 Period February December September October November December 3rd Quarter Quarter 3rd 4th Quarter Quarter 1st Quarter 2nd Quarter 3rd 4th January March April May June July August 2nd Quarter 2nd Quarter 1st (a) Provisional 2016 (a) (a) 2016 2015 2014 2015 2016 2015 TRADE, TOURISM AND BALANCE OF PAYMENTS OF BALANCE AND TOURISM TRADE,

Central Bank of Sri Lankaw Bulletin w January 2017w 41 TRADE, TOURISM AND BALANCE OF PAYMENTS TABLE 40

Composition of Imports US dollars million

December Category 2013 2014 2015 2016 2015 2016 (a)

1. Consumer Goods 3,182 3,853 4,713 4,319 383.8 354.2

1.1 Food and Beverages 1,368 1,634 1,628 1,627 149.5 142.6 Lentils 104 121 148 139 20.0 19.1 Onions 100 65 122 100 18.0 9.8 Sugar 289 255 253 343 16.2 22.2 Rice 18 282 135 13 1.7 1.7 Wheat 2 2 2 2 0.2 0.1 Dairy Products 291 339 251 249 21.3 29.6 Fish 162 141 218 234 26.8 18.9 Oil and Fats 59 20 33 36 2.8 2.2 Spices 80 98 113 132 12.5 8.0 Other 263 309 352 379 30.0 31.1

1.2 Non-Food Consumer Goods 1,814 2,219 3,086 2,692 234.4 211.6 Vehicles 582 897 1,360 795 65.7 58.3 Home Appliances - Radio Receivers & Television Sets 103 86 120 136 12.5 10.5 Household and Furniture Items 125 134 150 182 15.1 17.8 Rubber Products 88 90 114 112 9.0 9.3 Medical and Pharmaceutical Products 378 381 460 526 41.2 39.2 Other 538 632 882 941 90.9 76.6

2. Intermediate Goods 10,554 11,398 9,638 9,870 855.4 1,003.6

Fertiliser 239 272 290 137 28.0 7.3 Fuel 4,308 4,597 2,700 2,481 216.2 328.2 Chemical Products 734 808 870 856 72.4 77.7 Wheat & Maize 323 405 357 249 35.0 25.6 Textiles & Textile Articles 2,046 2,328 2,296 2,705 241.4 227.9 Diamonds and Precious Metals 483 175 162 514 14.2 73.8 Base Metals 406 478 471 456 31.1 59.9 Vehicle and Mechinery Parts 210 228 264 281 24.9 25.1 Paper and Paperboards and articles thereof 380 490 477 487 45.5 41.4 Other 1,425 1,616 1,752 1,703 146.8 136.7

3. Investment Goods 4,253 4,152 4,567 5,198 404.3 457.2

Building Materials 1,357 1,309 1,352 1,569 128.5 148.1 Transport Equipment 668 707 931 880 50.9 55.4 Machinery & Equipment 2,222 2,131 2,278 2,741 223.8 251.1 Other 6 5 6 8 1.0 2.6

4. Total ( Items 1, 2 and 3 ) 17,989 19,402 18,919 19,387 1,643.6 1,815.0

5. Unclassified Imports 14 14 16 13 1.1 1.1

6. Total Imports (b) 18,003 19,417 18,935 19,400 1,644.7 1,816.1

(a) Provisional. Sources: Ceylon Petroleum Corporation (b) Adjusted. Lanka IOC PLC Prima Ceylon Ltd. Serndib Flour Mills (Pvt) Ltd. Sri Lanka Customs Central Bank of Sri Lanka

42 w Central Bank of Sri Lanka w Bulletin w January 2017 (b) Total 2010 = 100 153.9 149.1 157.3 144.1 158.0 125.8 139.9 161.1 161.1 157.4 139.6 146.3 161.8 158.7 153.1 168.2 159.6 155.3 154.6 146.8 142.3 144.9 147.3 159.2 Exports TABLE 41 TABLE Central Bank of Sri Lanka 98.6 89.0 71.5 118.8 117.2 154.0 283.5 193.2 131.3 190.2 144.7 139.9 195.3 143.9 145.3 160.7 192.8 134.9 174.7 222.6 160.4 142.0 139.7 127.7 Mineral Exports Source: Total 113.2 118.9 130.0 140.0 125.8 130.7 120.7 105.7 143.2 150.3 124.4 137.7 128.2 132.6 124.2 143.0 132.0 133.0 139.2 139.4 133.7 129.3 120.7 126.2 205.5 267.2 286.3 227.2 199.0 170.5 232.9 215.9 227.3 144.9 125.7 268.3 298.1 200.6 267.4 147.5 198.8 322.2 252.8 171.8 270.0 206.4 307.5 203.8 Products Minor Agri. (a) 284.5 248.4 232.5 285.0 260.1 249.0 260.8 292.8 347.5 273.7 272.2 262.4 239.9 269.8 315.2 285.5 323.6 296.5 301.7 310.5 254.9 267.5 217.7 225.7 Coconut Products Agricultural 24.3 29.5 30.2 19.9 16.0 28.7 24.1 22.5 16.4 20.1 29.8 18.6 17.9 29.1 18.2 28.9 27.9 14.4 20.2 27.4 18.1 21.0 20.1 30.5 Rubber Exports Tea 98.9 96.8 111.8 111.2 113.5 110.3 114.0 116.2 110.7 118.6 116.0 119.6 115.5 116.8 117.0 120.5 130.6 109.1 108.0 107.1 130.5 123.4 108.7 105.5 (b) Total 167.8 160.6 169.9 156.6 158.0 174.0 148.2 153.3 156.3 181.0 169.4 165.9 156.7 176.9 186.6 137.4 154.3 172.9 172.0 166.0 170.1 167.3 154.8 179.6

External Trade Indices – Export Value – Indices Trade External 177.6 172.5 177.1 184.6 164.1 174.9 161.4 159.6 160.5 185.9 188.7 180.3 159.9 165.3 196.6 133.0 158.5 175.4 189.0 189.5 191.4 155.6 195.7 Rubber Products Industrial 99.1 187.7 111.8 113.1 140.4 145.7 184.8 148.3 169.6 227.2 172.6 150.4 127.9 143.5 141.2 163.9 175.2 107.2 157.3 105.4 134.8 176.8 135.0 161.1 166.0 Products Petroleum 211.6 187.4 179.1 185.4 175.7 161.6 175.0 178.5 207.9 175.2 184.5 182.2 178.6 210.9 201.3 155.0 172.7 197.8 195.8 181.3 176.3 182.0 169.8 172.7 Garments Textiles and Textiles

Period November December February March April May June July August September October 2nd Quarter Quarter Quarter 1st Quarter 2nd 3rd 4th January 1st Quarter Quarter Quarter Quarter 1st 2nd 3rd 4th December

The value index is computed as a simple index of the ratio of rupee values between the current period and the base period. The value index is computed as a simple index of Data for the year 2015 was revised. Provisional.

(a) (b) (c)

2016 (c) (c) 2015 2016 2014 2015 2016 2015 TRADE, TOURISM AND BALANCE OF PAYMENTS OF BALANCE AND TOURISM TRADE,

Central Bank of Sri Lankaw Bulletin w January 2017w 43 Total Total 167.4 Imports 2010 = 100 TABLE 42 TABLE 220.3 180.8 201.9 166.4 262.2 202.6 204.8 164.0 238.6 178.5 174.1 167.2 199.3 169.7 243.1 186.4 189.5 165.9 219.0 178.0 229.9 174.5 229.0 177.7 293.4 212.7 223.4 186.8 229.4 183.3 229.5 192.7 225.8 164.9 241.0 190.1 220.2 178.0 355.7 221.6 262.2 214.0 184.4 167.4 246.2 181.1 204.2 Total Central Bank of Sri Lanka Source : 211.4 242.9 285.3 196.8 243.1 184.0 198.2 246.0 202.5 237.1 230.3 235.9 274.9 238.2 258.7 258.8 227.1 271.1 209.5 254.4 284.8 173.3 250.9 180.1 Building Materials 96.3 Investment Goods 115.4 235.5 Transport Transport Equipment and 286.0 175.4 240.1 136.1 281.8 135.0 184.0 137.9 204.9 188.0 263.9 191.8 181.6 189.4 236.3 153.9 271.2 135.5 245.8 181.8 285.7 334.4 254.8 130.8 243.0 256.5 128.0 259.0 121.8 259.2 148.5 252.9 173.0 225.2 223.9 274.5 680.2 296.7 147.7 196.4 173.1 252.9 291.8 135.5 205.2 Machinery Equipment Total 172.0 137.4 135.8 147.8 174.3 174.1 197.0 163.5 143.9 158.0 138.3 147.9 141.7 147.5 181.1 161.8 163.5 135.1 158.2 149.1 149.9 161.9 152.1 139.5 (a) 7.3 10.9 58.5 34.4 92.1 48.4 and 112.6 135.7 Wheat Maize 229.2 206.1 208.0 210.4 294.2 208.6 223.0 236.2 152.7 179.5 176.1 201.1 162.1 212.1 120.7 198.2 212.1 207.2 209.8 131.0 205.1 104.5 190.6 134.9 229.4 212.0 200.5 251.1 125.5 195.0 197.5 134.4 179.1 221.9 184.2 174.6 223.4 151.4 201.4 247.6 Imports Products Chemical 81.6 82.6 41.5 35.1 48.0 73.3 87.1 67.4 66.5 92.3 24.1 45.9 72.2 75.0 116.5 104.6 131.1 145.7 106.9 123.2 185.7 177.5 132.3 167.0 Intermediate Goods Intermediate Fertiliser and 211.9 190.0 188.0 167.4 183.6 200.3 199.1 148.6 152.5 192.6 152.3 138.6 161.6 196.6 182.1 207.8 203.1 200.4 168.9 187.9 189.4 224.0 157.6 183.8 Textile Textile Articles Textiles Textiles

74.8 81.4 95.1 72.2 91.8 89.7 92.8 81.3 84.6 87.8 External Trade Indices – Import Value Import – Indices Trade External 114.5 118.7 116.7 Fuel 100.9 154.3 130.1 170.6 174.6 106.6 105.3 109.1 105.6 138.4 108.3 Total 213.3 259.4 195.2 205.0 220.7 201.7 245.9 234.4 237.6 245.9 226.2 179.8 228.9 224.8 225.5 212.9 237.6 239.5 228.3 207.0 227.3 236.6 236.2 212.1 296.4 Goods Non-Food Consumer Consumer Goods

and Food 141.6 295.8 182.8 347.4 188.3 294.2 167.3 336.1 170.3 290.4 135.5 263.8 141.9 277.5 160.1 290.2 141.0 271.5 166.6 337.0 169.4 309.1 142.6 222.5 147.6 322.2 158.5 301.0 163.8 145.5 290.4 133.7 357.0 147.6 345.0 153.8 313.9 145.8 277.2 159.0 305.9 175.3 306.9 172.0 309.9 137.0 298.4 Beverages

Period January February March October November December April May June July August September 4th Quarter 4th Quarter Quarter Quarter 2nd 3rd 4th 2nd Quarter Quarter 1st Quarter 2nd 3rd Quarter 1st December

The value index is computed as a simple index of the ratio of rupee values between the current period and the base period. The value index is computed as a simple index of Provisional. (a) (b) 2016 (b) 2016 (b) 2016 2015 2014 2015 2016 2015 TRADE, TOURISM AND BALANCE OF PAYMENTS OF BALANCE AND TOURISM TRADE,

44 w Central Bank of Sri Lankaw Bulletin w January 2017

Total 115.1 119.3 2010 = 100 128.4 127.0 121.6 128.0 124.6 125.2 132.5 132.2 134.9 128.4 158.9 122.3 128.3 159.8 122.7 132.0 129.7 155.1 100.4 124.6 123.2 103.0 Exports TABLE 43 TABLE Central Bank of Sri Lanka 77.2 88.9 67.9 82.4 82.2 80.5 52.3 98.7 77.0 87.0 80.7 79.5 82.7 38.7 61.3 98.3 86.1 66.0 114.6 108.2 158.6 102.8 120.1 129.5 Mineral Exprots Source: 94.5 Total 103.2 100.1 101.3 94.9 87.9 86.6 117.5 149.6 90.8 151.6 89.7 134.0 88.8 232.2 205.3 95.6 218.4 199.3 92.7 188.8 96.0 214.9 99.0 141.9 92.6 149.8 86.4 189.2 97.6 140.1 99.3 162.9 78.4 150.4 208.7 95.9 190.7 95.6 136.1 80.6 168.3 136.8 91.1 216.8 94.1 120.7 80.7 Products Minor Agri. (a) 174.1 140.5 147.3 170.7 143.4 161.6 159.4 162.5 177.5 154.1 160.2 162.6 191.4 182.2 192.9 170.3 168.8 183.1 222.3 156.0 205.0 171.6 139.0 169.8 Coconut Products Agricultural 32.3 23.3 20.5 22.8 Rubber Exports Tea 98.5 88.5 80.5 31.4 92.0 103.8 Total 111.3 72.5 29.8 114.8 27.2 144.9 86.2 137.6 87.5 30.9 128.8 86.3 30.9 133.2 21.0 144.4 91.3 147.1 24.4 140.7 89.4 17.7 140.2 89.7 18.8 149.7 97.4 32.1 151.4 90.6 26.5 135.8 85.0 20.0 144.1 91.5 148.5 77.8 30.2 187.9 98.0 34.6 160.8 70.6 27.5 135.3 149.8 92.6 16.2 144.9 90.0 21.0 137.6 139.4 83.3 30.6 191.2 77.6 30.1 183.6 92.2 21.0

External Trade Indices – Export Volume – Indices Trade External 93.3 111.2 111.3 113.9 114.9 117.4 113.6 104.2 105.1 108.1 100.3 125.8 103.0 106.6 Rubber Products Industrial 92.6 185.8 299.9 170.6 153.5 87.3 208.6 96.9 283.1 194.0 90.0 176.9 95.1 180.3 91.3 222.0 154.4 90.1 177.4 189.5 195.7 129.3 89.7 180.5 225.2 166.7 140.4 200.5 165.2 96.9 202.8 97.3 282.0 79.7 Products Petroleum 111.2 118.5 117.2 115.4 116.8 116.1 118.6 116.8 127.1 140.8 147.9 133.7 128.5 143.7 124.3 123.1 142.3 122.7 139.2 131.3 122.7 128.2 126.4 125.1 Garments Textiles and Textiles

Quarter Quarter Quarter Quarter Quarter Quarter Quarter Period February January November Decemebr March April May June July August September October 2nd 3rd 4th 1st Quarter 2nd 3rd 4th 1st Decemebr (b)

Volume index is computed as a Laspeyre’s index. index is computed as a Laspeyre’s Volume (a) (b) Provisional.

2016 2015 2016 (b) 2014 2015 2016 2015 TRADE, TOURISM AND BALANCE OF PAYMENTS OF BALANCE AND TOURISM TRADE,

Central Bank of Sri Lankaw Bulletin w January 2017w 45 Total Total 151.5 167.7 156.1 152.9 162.8 151.4 153.0 150.2 Imports 2010 = 100 TABLE 44 TABLE 137.0 211.6 227.3 200.7 186.9 196.5 176.8 202.0 162.1 158.2 134.0 177.1 146.3 199.2 182.4 144.2 185.2 146.3 215.6 159.9 205.9 148.6 270.5 185.1 181.8 151.9 229.1 157.4 328.3 201.2 256.0 186.4 179.7 148.2 184.0 157.2 140.2 204.5 161.3 Total Central Bank of Sri Lanka Source : 225.8 203.6 201.8 217.7 204.9 213.2 192.0 153.0 174.0 190.1 175.6 172.0 206.2 195.0 237.8 212.1 188.1 224.3 263.3 167.8 153.0 140.5 207.3 Building Materials 89.5 91.9 191.1 207.9 90.2 70.6 Investment Goods 111.5 116.8 116.5 114.5 114.4 112.0 203.9 Transport Transport Equipment and 263.6 121.4 191.5 149.3 270.0 227.2 109.1 253.9 142.0 242.1 139.5 309.2 227.2 234.6 236.1 196.2 107.8 275.2 182.7 342.4 441.5 308.2 123.3 180.7 197.3 156.5 194.2 167.9 156.4 243.5 233.3 135.0 Machinery Equipment Total 112.2 125.0 152.2 277.1 137.3 235.8 147.1 220.9 125.8 158.5 230.4 137.6 187.4 132.2 134.7 147.9 132.9 161.2 175.0 142.5 127.5 162.8 150.3 122.9 128.7 123.8 128.4 132.8 140.3 (a) 7.6 4.9 35.5 98.3 25.9 96.3 45.5 90.3 84.6 92.7 70.4 97.5 80.2 and 116.8 119.1 Wheat Maize 152.4 164.7 161.0 164.5 159.4 172.3 162.3 147.9 164.7 156.3 234.3 198.2 143.7 178.1 167.0 183.6 163.4 148.0 103.3 171.7 161.6 150.5 138.3 123.5 155.6 121.3 156.3 142.0 128.6 161.7 153.1 190.1 Imports Products Chemical 22.6 68.5 75.7 167.3 41.3 89.4 75.1 89.1 49.0 34.1 45.4 68.6 66.4 64.9 94.5 74.4 58.2 111.1 115.2 112.6 162.4 127.6 149.1 129.5 150.0 Intermediate Goods Intermediate Fertiliser and 119.3 116.3 115.8 132.0 145.4 148.0 130.8 148.2 148.5 138.2 106.9 124.1 154.6 150.9 120.4 123.6 123.8 142.1 149.0 Textile Textile Articles Textiles Textiles

71.5 116.2 115.8 117.7 116.6 112.5 116.1 119.4 Fuel 132.2 123.9 109.1 151.7 184.6 129.5 106.4 100.2 153.8 145.4 126.0 External Trade Indices – Import Volume Import – Indices Trade External Total 141.9 180.1 154.6 140.1 139.5 165.7 168.5 160.7 125.2 167.0 155.8 143.3 177.9 156.5 184.4 166.7 189.1 127.4 171.2 131.2 161.1 142.3 144.4 131.9 161.1 161.7 164.6 147.5 177.2 131.2 175.7 120.1 122.2 148.6 211.2 201.7 223.5 234.3 201.0 176.7 177.4 224.2 Goods Non-Food Consumer Consumer Goods

and 176.4 111.9 198.5 116.4 116.3 112.4 171.9 112.4 272.3 116.7 Food 132.9 203.2 147.6 192.5 125.1 122.4 194.2 152.9 103.5 180.8 121.4 133.5 125.8 163.5 128.1 235.0 124.1 193.8 150.4 129.2 209.8 126.3 126.1 201.3 131.7 196.1 131.5 202.6 109.7 193.3 Beverages

Period January February September October November December March April May June July August 4th Quarter 4th Quarter Quarter 1st Quarter Quarter 2nd 3rd 4th 2nd Quarter Quarter 1st Quarter 2nd 3rd December

Volume index is computed as a Laspeyre’s index. index is computed as a Laspeyre’s Volume Provisional. (a) (b) 2016 (b) 2016 (b) 2015 2014 2015 2016 2015 TRADE, TOURISM AND BALANCE OF PAYMENTS OF BALANCE AND TOURISM TRADE,

46 w Central Bank of Sri Lankaw Bulletin w January 2017 (b) 93.4 99.1 Total 114.7 112.0 115.1 119.3 110.4 119.2 2010 = 100 131.0 137.2 121.2 105.2 125.3 103.7 131.3 129.3 125.5 143.0 121.9 121.3 122.4 123.6 120.9 120.9 Exports TABLE 45 TABLE Central Bank of Sri Lanka 172.7 175.8 169.5 173.2 176.6 163.2 174.8 184.7 145.4 161.0 166.4 169.3 198.7 165.0 180.1 181.1 170.2 178.7 168.5 162.8 166.0 187.5 171.9 198.9 Mineral Exports Source: Total 132.6 135.9 135.3 143.2 138.2 136.2 152.4 134.2 133.9 131.1 144.3 143.1 148.4 146.8 154.2 156.7 133.9 135.6 133.0 134.1 139.7 146.5 145.2 145.8 115.1 134.5 148.6 131.5 137.3 134.7 120.3 125.5 141.8 141.9 125.2 143.0 143.5 135.0 125.6 120.1 132.3 138.7 131.1 141.4 137.8 141.3 154.4 132.6 Products Minor Agri. (a) 160.6 176.6 160.0 163.4 161.5 160.6 156.7 156.6 167.8 159.6 153.1 181.2 156.3 151.5 161.2 158.6 155.6 145.5 162.1 168.4 164.5 164.7 175.6 164.8 Coconut Products Agricultural 98.9 93.0 89.4 99.9 98.0 86.2 76.5 90.5 95.8 95.7 80.7 76.9 82.0 80.0 88.2 89.7 95.5 93.5 85.6 90.5 79.4 91.1 88.8 96.2 Rubber Exports Tea 119.3 120.6 124.1 131.6 152.1 155.3 122.5 127.5 120.4 120.6 122.0 122.8 137.2 125.8 134.2 140.4 132.6 123.2 122.2 128.0 129.6 124.8 129.8 (b) 88.9 85.3 99.3 95.9 Total Total 140.0 111.8 115.8 117.5 118.3 119.5 114.0 117.5 114.8 114.5 130.5 137.3 139.8 109.4 105.3 109.4 104.4 123.5 127.8 123.7 120.1

External Trade Indices – Export Unit Value Export Unit – Indices Trade External 170.5 171.8 157.2 177.9 182.0 170.7 169.3 157.3 179.2 167.8 175.7 161.7 172.7 169.5 179.8 200.7 156.3 152.3 176.7 188.0 183.5 161.3 165.2 179.5 Rubber Products Industrial 75.6 55.4 62.8 88.2 91.2 80.3 89.0 85.0 71.0 64.6 73.2 79.6 86.5 62.1 80.4 68.7 76.6 74.7 78.5 81.0 79.7 80.3 81.3 160.2 Products Petroleum 147.5 150.3 142.7 154.3 156.3 131.4 129.1 136.3 150.6 144.7 140.9 149.8 155.5 152.9 141.4 139.5 140.8 142.1 149.1 147.8 152.8 155.9 132.4 136.6 Garments Textiles and Textiles

Period February January November December March April May June July August September October 1st Quarter Quarter Quarter Quarter 1st 2nd 3rd 4th 1st Quarter Quarter Quarter Quarter 1st 2nd 3rd 4th December

Paasche unit value index is derived by using the rupee value index and the volume index. Paasche unit value index is derived by using the Data for the year 2015 was revised. Provisional. (a) (b) (c)

2016 (c) 2016 2015 2016 (c) 2014 2015 2016 2015 TRADE, TOURISM AND BALANCE OF PAYMENTS OF BALANCE AND TOURISM TRADE,

Central Bank of Sri Lankaw Bulletin w January 2017w 47 of (b) Trade Terms 81.1 89.3 86.3 85.9 96.3 96.8 97.6 93.8 118.5 114.3 113.9 110.9 116.6 108.9 103.4 100.5 101.5 103.8 108.6 103.9 100.8 122.4 107.3 100.2 2010 = 100 TABLE 46 TABLE Total Total Imports 111.4 119.6 115.2 117.8 114.8 113.4 114.9 115.4 113.1 116.6 118.2 112.1 114.0 114.0 110.2 114.5 118.4 112.3 119.4 120.8 120.7 120.4 125.6 124.8 Central Bank of Sri Lanka 96.1 Total 111.0 111.2 115.4 110.6 114.7 110.7 112.8 117.9 110.6 115.4 110.0 110.9 116.8 117.3 Source : 111.7 111.4 117.7 119.3 107.0 116.4 108.4 115.6 106.7 118.2 114.5 118.1 109.1 116.4 118.9 108.3 113.4 Building Materials Investment Goods 115.5 121.9 126.2 118.7 108.2 102.4 119.8 117.3 123.3 110.7 Transport Transport Equipment and 81.9 122.5 96.3 94.9 126.8 92.4 147.2 98.3 122.4 80.2 154.1 121.1 121.0 111.4 120.4 128.9 114.5 135.2 112.4 117.0 105.7 103.2 150.2 126.4 103.9 135.0 101.5 130.3 121.0 130.8 134.9 151.1 132.3 136.3 105.7 124.8 104.4 146.9 127.2 103.8 120.1 100.2 132.1 108.6 102.9 136.3 120.4 125.1 100.4 121.1 120.4 120.2 101.8 120.5 Machinery Equipment (a) Total 111.2 111.8 113.0 112.6 112.6 112.2 110.9 110.6 110.1 115.6 110.6 115.0 116.7 120.5 103.9 107.9 108.0 107.7 106.8 107.7 109.7 109.9 108.4 133.0 Maize Wheat and Products Chemical Imports 93.7 124.6 124.6 135.8 129.7 111.3 125.1 128.6 117.0 139.2 126.8 113.2 133.3 131.7 114.4 130.3 126.9 117.0 131.2 133.2 119.0 134.6 125.6 110.0 133.6 129.2 112.5 128.7 128.8 110.9 142.6 129.8 116.4 Intermediate Goods Intermediate Fertiliser Articles Textiles Textiles and Textile and Textile

Fuel 64.5 130.7 70.1 142.4 107.8 124.3 148.9 85.8 135.2 103.0 133.5 133.1 91.5 134.1 101.1 139.3 144.5 92.4 134.0 105.6 128.6 128.2 129.8 130.2 81.3 139.4 106.9 97.0 123.1 80.5 126.8 68.1 138.3 129.7 129.6 80.8 139.4 105.3 84.4 146.8 101.6 128.7 130.5 90.0 134.4 102.5 133.6 130.7 74.4 134.6 76.3 143.9 76.8 135.4 103.5 126.7 139.0 87.0 139.9 100.6 128.5 133.0 76.5 153.8 103.7 133.6 139.5 82.3 144.8 91.4 126.6 87.2 129.7 69.7 142.2 128.9 131.5 130.3 External Trade Indices – Import Unit Value Unit Import – Indices Trade External 136.2 101.0 141.6 106.7 128.0 148.3 128.3 102.2 127.3 Total Goods Non-Food Consumer Consumer Goods

164.5 144.1 119.5 125.4 136.1 113.4 128.7 137.1 115.2 127.7 138.4 112.6 125.7 131.1 114.5 121.6 149.1 138.0 127.6 152.8 141.0 133.8 166.7 153.0 139.2 149.6 145.2 120.5 153.5 139.3 137.1 153.5 147.0 131.8 163.6 149.6 125.9 154.0 142.1 124.8 150.3 140.0 127.4 152.1 141.5 143.6 127.7 155.3 122.3 109.0 132.6 139.8 126.9 147.2 141.7 121.7 156.2 145.4 129.7 156.9 126.0 152.0 141.1 133.1 156.5 146.3 130.8 153.0 143.5 124.9 154.4 142.7 and Food Beverages

Period February January October November December March April May June July August September Quarter Quarter Quarter 1st Quarter 2nd 3rd 4th 2nd Quarter Quarter Quarter 2nd 3rd 4th December Quarter 1st

Paasche unit value index is derived by using the rupee value index and the volume index. Paasche unit value index is derived by using the Data for year 2015 was revised. Provisional. (a) (b) (c)

2016 (c) 2016 2015 2016 (c) 2014 2015 2016 2015 TRADE, TOURISM AND BALANCE OF PAYMENTS OF BALANCE AND TOURISM TRADE,

48 w Central Bank of Sri Lankaw Bulletin w January 2017 47 n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. TABLE

n.a.

n.a. n.a. 19,377 22,336 No. of Rooms 18,078 (a) Accommodation Accommodation Capacity n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. 310 354 382 n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. No. of Hotel Units

Sri Lanka Tourism Development Authority Development Tourism Sri Lanka n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. 78.9 74.3 74.5 74.8 Source : Rate Overall Occupancy Total 206,114 118,038 478,838 194,280 197,697 192,841 125,044 186,288 148,499 150,419 167,217 224,791 485,788 482,541 379,449 544,138 542,427 351,213 136,367 209,351 584,818 1,527,153 1,798,380 2,050,832 7,750 4,937 6,853 4,714 6,199 8,155 65,252 71,672 83,851 15,015 19,540 Australasia 7,472 5,305 11,285 22,733 23,250 61,377 Europe Eastern 9,160 8,372 21,745 9,165 16,899 6,370 6,857 5,313 4,050 8,028 4,733 6,422 9,105 7,403 7,026 5,803 7,728 6,839 5,777 12,109 6,670 21,249 North 19,236 13,655 11,783 19,112 15,498 22,059 53,458 72,653 154,153 84,943 148,458 98,376 161,171 17,857 20,621 24,312 23,302 23,151 47,438 26,697 15,777 21,255 21,331 22,020 25,157 22,603 25,267 55,860 26,514 America Tourist Arrivals by Region (No.) Tourist Key Indicators of Tourist Industry Tourist of Key Indicators Asia 79,308 67,098 74,732 66,160 77,857 75,105 192,396 186,533 216,654 226,689 240,288 207,990 238,420 251,999

46,565 77,905 22,502 15,601 68,355 95,918 12,820 62,528 89,124 63,690 73,533 82,848 69,972 78,132 39,243 26,826 29,599 77,862 85,458 10,249 64,942 39,956 42,790 78,176 87,237 95,668 Europe 169,330 479,007 650,810 552,442 822,272 643,333 938,697 156,592 139,283 207,195 182,760 157,710 Western Quarter Quarter Quarter Quarter Quarter Quarter Year November December 1st Quarter 2nd 3rd 4th December January February March April May June July August September October 1st 2nd Quarter 3rd 4th (a) Graded establishments. (b) Provisional.

2016 (b) 2015 2016 (b) 2014 2015 2016 2015 PAYMENTS OF BALANCE AND TOURISM TRADE,

Central Bank of Sri Lankaw Bulletin w January 2017w 49 TRADE, TOURISM AND BALANCE OF PAYMENTS TABLE 48 Balance of Payments – Standard Presentation under BPM6 Format (a)

US$ million Rs. million

CURRENT AND CAPITAL ACCOUNT 2016 – 3rd Quarter (b) 2016 – 4th Quarter (b) 2016 – 3rd Quarter (b) 2016 – 4th Quarter (b)

Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net

Goods and Services 4,471 5,647 (1,176) 4,353 6,512 (2,159) 651,005 822,200 (171,195) 643,691 958,903 (315,211)

Goods (c) 2,656 4,625 (1,969) 2,524 5,454 (2,931) 386,669 673,373 (286,704) 373,119 806,297 (433,177) General merchandise on a BOP basis 2,656 4,526 (1,870) 2,524 5,325 (2,801) 386,669 659,000 (272,331) 373,119 787,114 (413,995) Net exports of goods under merchanting – – – – – – Non-monetary gold 99 (99) 130 (130) – 14,373 (14,373) – 19,182 (19,182)

Services 1,816 1,022 793 1,829 1,057 772 264,336 148,827 115,509 270,572 152,606 117,966 Manufacturing services – – – – – – – – – – – – Maintenance and repair services n.i.e. – – – – – – – – – – – – Transport 548 367 181 564 423 142 79,781 53,485 26,296 83,445 62,468 20,977 Sea transport 264 175 89 268 231 37 38,440 25,519 12,921 39,665 34,144 5,521 Passenger – – – – – – – Freight 264 175 89 268 231 37 38,440 25,519 12,921 39,665 34,144 5,521 Air transport 284 192 92 296 192 105 41,341 27,965 13,375 43,780 28,324 15,456 Passenger 255 173 82 266 166 100 37,070 25,130 11,940 39,373 24,530 14,842 Freight 29 19 10 30 26 4 4,271 2,835 1,436 4,407 3,794 613 Other modes of transport – – – – – – – – – – – – Postal and courier services – – – – – – – – – – – – Travel (d) 934 388 545 931 383 548 135,902 56,552 79,350 137,714 56,552 81,162 Construction 16 7 10 16 7 9 2,350 958 1,392 2,316 1,001 1,315 Insurance and pension services 30 22 8 31 21 10 4,417 3,197 1,220 4,603 3,168 1,435 Financial services 62 101 (38) 58 96 (38) 9,046 14,632 (5,586) 8,577 14,223 (5,646) Charges for the use of intellectual property – – – – – – – – – – – – Telecommunications and computer services 206 105 101 210 102 108 30,040 15,317 14,724 31,008 11,382 19,626 Telecommunications services 29 25 4 36 25 11 4,157 3,640 517 5,352 – 5,352 Computer services 178 80 98 174 77 97 25,883 11,677 14,207 25,656 11,382 14,274 Other business services 10 17 (6) 10 16 (6) 1,508 2,439 (931) 1,430 2,371 (941) Personal, cultural and recreational services – – – – – – – – – – – – Government goods and services n.i.e. 9 15 (7) 10 10 0 1,292 2,248 (956) 1,480 1,441 38

Primary Income 32 557 (525) 30 718 (688) 4,639 80,962 (76,323) 4,366 105,947 (101,580) Compensation of employees 4 21 (17) – – – 575 3,116 (2,541) – – – Investment income 28 536 (508) 30 718 (688) 4,063 77,846 (73,783) 4,366 105,947 (101,580) Direct investment 3 180 (177) 3 410 (407) 453 26,215 (25,762) 460 60,600 (60,141) Dividends 3 126 (123) 3 132 (129) 453 18,308 (17,855) 460 19,518 (19,059) Reinvested earnings 54 (54) 278 (278) – 7,907 (7,907) – 41,082 (41,082) Interest – – – – – – – – Portfolio investment 200 (200) 223 (223) – 29,018 (29,018) – 32,826 (32,826) Equity 21 (21) 24 (24) – 3,000 (3,000) – 3,601 (3,601) Interest 180 (180) 199 (199) – 26,018 (26,018) – 29,225 (29,225) Short-term 0 (0) 0 (0) – 3 (3) – 1 (1) Long-term 180 (180) 199 (199) – 26,015 (26,015) – 29,224 (29,224) Other investment 13 155 (142) 14 84 (71) 1,916 22,613 (20,697) 2,019 12,521 (10,502) Reserve assets 12 12 13 13 1,695 – 1,695 1,888 – 1,888 Other primary income – – – – – – – – – – – –

Secondary Income 1,770 196 1,573 1,872 197 1,675 257,677 28,602 229,075 276,870 29,077 247,793 General Government (e) 1 1 13 13 124 – 124 1,874 – 1,874 Financial corporations, non-financial corporations, households 1,769 196 1,572 1,860 197 1,663 257,553 28,602 228,952 274,997 29,077 245,919 Personal transfers 1,769 196 1,572 1,860 197 1,663 257,553 28,602 228,952 274,997 29,077 245,919 of which, Workers' remittances 1,769 – 1,769 1,860 – 1,860 257,553 – 257,553 274,997 – 274,997 – Current Account 6,273 6,401 (127) 6,255 7,426 (1,172) 913,321 931,764 (18,443) 924,928 1,093,927 (168,999)

Capital Account 2 – 2 23 – 23 229 – 229 3,479 – 3,479 Gross acquisitions (Dr) / Disposals (Cr) – – – – – – – – – – – – Capital transfers 2 – 2 23 – 23 229 – 229 3,479 – 3,479 General Government 2 – 2 23 – 23 229 – 229 3,479 – 3,479 Financial corporations, non-financial corporations, households – – – – – – – – – – – –

Current Account and Capital Account 6,275 6,401 (126) 6,278 7,426 (1,148) 913,550 931,764 (18,213) 928,408 1,093,927 (165,519) (a) The above presentation conforms as far as possible to the Balance of Payments Manual (BPM), 6th edition (2009) of the International Monetary Fund (IMF). (Contd.) (b) Provisional (c) Exports and imports are recorded on f.o.b. and c.i.f. valuation basis, respectively. (d) Passenger services provided for non-residents are included in transport services. (e) Includes outright grants received in the form of programme, food and commodity aid, cash and technical assistance. (f) Includes outright grants received in the form of project aid.

50 w Central Bank of Sri Lanka w Bulletin w January 2017 TRADE, TOURISM AND BALANCE OF PAYMENTS TABLE 48 (Contd.) Balance of Payments – Standard Presentation under BPM6 Format (a)

US$ million Rs. million

2016 – 3rd Quarter (b) 2016 – 4th Quarter (b) 2016 – 3rd Quarter (b) 2016 – 4th Quarter (b) FINANCIAL ACCOUNT Net Net Net Net Net Net Net Net incurrence acqusition of incurrence acqusition of incurrence acqusition of incurrence acqusition of of financial of financial of financial of financial liabilities assets liabilities assets liabilities assets liabilities assets

FINANCIAL ACCOUNT 2,198 2,164 709 (139) 319,798 314,629 105,040 (18,942) Direct Investment 88 59 636 59 12,849 8,620 94,087 8,751 Equity and investment fund shares 54 59 534 59 7,857 8,541 78,995 8,671 Equity other than reinvestment of earnings (0) 59 256 59 (51) 8,541 37,913 8,671 Direct investor in direct investment enterprise (g) (0) 59 256 59 (51) 8,541 37,913 8,671 – BOI companies 2 – 105 – 294 – 15,560 – – CSE companies (not registered with BOI) (2) – (7) – (344) – (980) – – Other companies – – 158 – – – 23,332 – Reinvestment of earnings 54 – 278 – 7,907 – 41,082 – Debt instruments 34 1 102 1 4,993 78 15,092 80 Direct investor in direct investment enterprise (g) 34 1 102 1 4,993 78 15,092 80 – BOI companies 33 – 25 – 4,774 – 3,678 – Shareholder Advance 27 – 55 – 3,888 – 8,069 – Intra Company Borrowings 10 – 32 – 1,466 – 4,663 – Debt Repayments (4) (61) (580) (9,054) – CSE companies (not registered with BOI) 2 – 77 – 218 – 11,414 – – Other companies – – – – – – – – Portfolio Investment 1,943 0 (328) 0 282,601 0 (48,343) 1 Equity and investment fund shares 24 – 45 – 3,524 – 6,630 – – CSE companies (not registered with BOI) 24 – 45 – 3,524 – 6,630 – Debt securities 1,919 0 (372) 0 279,076 0 (54,973) 1 Cental Bank – – – – – – – – Deposit-taking corporations, other than the central bank – 0 – 0 – 0 – 1 Short-term – – – – – – – – Long term – 0 – 0 – 0 – 1 General Government 1,919 – (372) – 279,076 – (54,973) – Short-term (Treasury bills) 38 – (4) – 5,601 – (533) – Long-term 1,880 – (369) – 273,475 – (54,440) – Treasury bonds 381 – (369) – 55,481 – (54,440) – SLDBs (1) – – – (116) – – – Sovereign bonds 1,500 – – – 218,110 – – – Other Sectors – – – – Long-term – – – – Financial Derivatives – – – – – – – – Other Investment 167 599 400 (220) 24,349 87,174 59,297 (32,222) Other equity – – – – – – Currency and deposits 252 262 119 (123) 36,753 38,048 17,624 (17,904) Central Bank 1 – (1) – 99 – (191) – Short-term 1 – (1) – 99 – (191) – Long-term – – – – – – – – Deposit taking corporations, other than the central bank 252 262 121 (123) 36,654 38,048 17,815 (17,904) Short-term 252 139 121 (98) 36,654 20,237 17,815 (14,308) Long-term – 123 – (25) – 17,811 – (3,596) General Government – – – – – – – – Other Sectors – – – – – – – – Loans 65 – (52) – 9,493 – (7,604) – Central Bank (96) – 69 – (13,931) – 10,230 – Credit and loans with the IMF (96) 69 (13,931) – 10,230 – Other Short-term – – – – – – Other Long-term – – – – – – Deposit taking corporations, except the central bank (588) – (343) – (85,669) – (50,758) – Short-term (514) (254) (74,869) – (37,593) – Long-term (74) (89) (10,800) – (13,165) – General Government 804 – 385 – 117,045 – 57,025 – Short-term – – – – – – Long-term 804 385 117,045 – 57,025 – Other sectors (h) (55) – (162) – (7,951) – (24,101) – Short-term – – – – – – Long-term (55) (162) (7,951) – (24,101) – Insurance, pension and standardised guarantee schemes – – – – – – Trade credit and advances 18 12 75 (22) 2,681 1,720 11,150 (3,275) Deposit taking corporations, except the central bank 28 (6) – 4,033 – (927) Short-term 28 (6) – 4,033 – (927) Other sectors (i) 18 (16) 75 (16) 2,681 (2,313) 11,150 (2,348) Short-term 18 (16) 75 (16) 2,681 (2,313) 11,150 (2,348) Other accounts receivable/payable (169) 326 258 (75) (24,579) 47,406 38,127 (11,043) Central Bank (169) 258 (24,579) – 38,127 – Short term (j) (169) 258 (24,579) – 38,127 – Deposit taking corporations, except the central bank – 326 – (75) – 47,406 – (11,043) Short-term – 326 – (75) – 47,406 – (11,043) Special Drawing Rights (SDRs) – – – – – – – – Reserve Assets 1,505 22 218,835 4,529 Monetary gold – – – – Special drawing rights (0) (2) (4) (287) Reserve position in the IMF – – Other reserve assets 1,505 24 218,839 4,815 Currency and deposits 972 (672) 141,257 (98,056) Claims on monetary authorities 586 (886) 84,883 (130,711) Claims on other entities 386 214 56,374 32,655 Securities 533 696 77,576 102,872 Debt securities 533 696 77,576 102,872 Short-term – – – – – – – – Long term 533 696 77,576 102,872 Equity and investment fund shares – – Financial derivatives – – Other claims 0 (0) 6 (6) FINANCIAL ACCOUNT (NET) (35) (848) (5,169) (123,982) Errors and omissions 91 300 13,044 41,538 (g) Includes Direct investment to BOI, CSE and other private companies. Source : Central Bank of Sri Lanka (h) Include State Owned Business Enterprises (SOBEs) and private sector companies. (i) Include Ceylon Petroleum Corporation (CPC) and private sector companies. (j) Net transactions of ACU liabilities Central Bank of Sri Lanka w Bulletin w January 2017 w 51 TRADE, TOURISM AND BALANCE OF PAYMENTS TABLE 49 International Investment Position – Standard Presentation under BPM6 Format End period position US$ million Rs. million

FINANCIAL ACCOUNT 2015 (a) 2016 (b) 2015 (a) 2016 (b) Assets Liabilities Assets Liabilities Assets Liabilities Assets Liabilities

Direct Investment (c) 817 10,022 1,136 9,745 117,639 1,443,722 170,203 1,459,737 Equity and investment fund shares 814 7,408 1,131 6,943 117,207 1,067,268 169,431 1,040,025 Debt instruments 3 2,613 5 2,802 432 376,455 772 419,712

Portfolio Investment 0 12,331 0 13,772 16 1,776,471 16 2,063,039 Equity and investment fund shares 1,492 1,507 215,008 225,788 Other sectors 1,492 1,507 215,008 225,788 Debt securities (d) 0 10,839 0 12,265 16 1,561,463 16 1,837,251 Deposit taking corporations 0 2,140 0 2,190 16 308,297 16 328,004 Long-term 2,140 2,190 308,297 328,004 General Government 8,534 9,903 1,229,470 1,483,453 Short-term 33 80 4,813 11,943 Long-term 8,501 9,823 1,224,656 1,471,510 Other Sectors 164 172 23,696 25,794 Short-term Long term 164 172 23,696 25,794

Financial Derivatives – – – – – – – –

Other Investment 2,614 31,387 2,931 31,519 376,573 4,521,749 439,072 4,721,574 Other equity – – – – Currency and deposits 701 3,051 706 2,442 100,988 439,502 105,732 365,748 Central Bank 1,105 403 159,117 60,372 Short-term 5 3 648 452 Long-term 1,100 400 158,469 59,920 Deposit taking corporations 701 1,946 706 2,039 100,988 280,385 105,732 305,376 Short-term 539 1,946 535 2,039 77,662 280,385 80,091 305,376 Long-term 162 171 23,326 25,641

Loans 25,936 26,530 3,736,391 3,974,137 Central Bank 692 554 99,721 82,977 Credit and loans with the IMF 692 554 99,721 82,977 Deposit taking corporations 5,070 4,562 730,332 683,429 Short term 3,816 3,209 549,768 480,638 Long term 1,253 1,354 180,563 202,791 General Government 16,147 17,295 2,326,106 2,590,717 Long term 16,147 17,295 2,326,106 2,590,717 Other Sectors (e) 4,028 4,119 580,233 617,015 Long-term 4,028 4,119 580,233 617,015 Insurance guarantee schemes – – – – – – – – Trade credit and advances 677 1,375 610 1,483 97,464 198,022 91,358 222,187 Deposit taking corporations 96 93 13,791 13,871 Short term 96 93 13,791 13,871 Other sectors (f) 581 1,375 517 1,483 83,673 198,022 77,487 222,187 Short-term 581 1,375 517 1,483 83,673 198,022 77,487 222,187 Other accounts receivable / payable 1,236 478 1,615 533 178,121 68,887 241,982 79,864 Central Bank (g) 478 533 68,887 79,864 Short-term 478 533 68,887 79,864 Deposit taking corporations 1,236 1,615 178,121 241,982 Short-term 1,236 1,615 178,121 241,982 Special Drawing Rights (SDRs) 548 532 78,946 79,638 Reserve Assets 7,304 6,019 1,052,179 901,656 Monetary gold 760 830 109,517 124,406 Special drawing rights 7 2 971 304 Reserve position in the IMF 66 64 9,553 9,637 Other reserve assets 6,470 5,122 932,138 767,309 Currency and deposits 3,911 2,644 563,483 396,066 Claims on monetary authorities 2,167 802 312,158 120,096 Claims on other entities 1,745 1,842 251,325 275,970 Securities 2,559 2,478 368,655 371,243 Debt securities 2,559 2,478 368,655 371,243

Total Assets / Liabilities 10,734 53,740 10,086 55,036 1,546,407 7,741,942 1,510,947 8,244,350 Net Assets / Liabilities (43,006) (44,949) (6,195,535) (6,733,403)

(a) Revised Source : Central Bank of Sri Lanka (b) Provisional (c) Include direct investment stock position of BOI, CSE and other private companies. (d) Foreign currency and local currency debt issuances are based on market values and book values, respectively. (e) Include outstanding position of loans obtained by State Owned Business Enterprises (SOBEs) and private sector companies. (f) Include outstanding trade credit position of Ceylon Petroleum Corporation and other private sector companies. (g) Outstanding position of ACU liabilities managed by the Central Bank.

52 w Central Bank of Sri Lanka w Bulletin w January 2017 TRADE, TOURISM AND BALANCE OF PAYMENTS TABLE 50 International Reserves of Sri Lanka US$ million

Central Govern- Gross Official Commer- Total International Change in Change in End of Bank ment Reserves cial Reserves (3+5) Gross Official Total International Period Banks Reserves Reserves Value Months of Value Months of Imports (a) Imports (a) (1) (2) (3) (4) (5) (6) (7) (8) (9)

2014 7,573.1 635.4 8,208.4 5.1 1,676.0 9,884.4 6.1 713.1 1,310.7 2015 6,833.8 469.9 7,303.6 4.6 2,033.3 9,336.9 5.9 -904.8 -547.7 2016 5,730.0 289.1 6,019.0 3.7 2,413.9 8,432.9 5.2 -1,284.6 -903.9

2015 1st Qtr 6,222.8 596.8 6,819.5 4.2 1,767.4 8,586.9 5.3 -1,388.9 -1,297.5 2nd Qtr 6,392.1 1,133.4 7,525.5 4.5 1,706.0 9,231.4 5.6 705.9 644.5 3rd Qtr 6,202.4 581.3 6,783.7 4.2 1,655.3 8,438.9 5.2 -741.8 -792.5 4th Qtr 6,833.8 469.9 7,303.6 4.6 2,033.3 9,336.9 5.9 520.0 897.8

2016 1st Qtr 5,773.2 447.9 6,221.2 4.0 1,982.4 8,203.6 5.3 -1,082.5 -1,133.2 2nd Qtr 4,859.2 433.1 5,292.3 3.4 2,003.3 7,295.5 4.7 -928.9 -908.0 3rd Qtr 5,143.0 1,312.8 6,455.7 4.1 2,618.4 9,074.1 5.8 1,163.4 1,778.6 4th Qtr 5,730.0 289.1 6,019.0 3.7 2,413.9 8,432.9 5.2 -436.7 -641.2

2015 Dec 6,833.8 469.9 7,303.6 4.6 2,033.3 9,336.9 5.9 22.4 268.2

2016 Jan 5,846.2 448.1 6,294.3 4.0 2,099.0 8,393.3 5.4 -1,009.3 -943.5 Feb 5,885.8 687.5 6,573.4 4.2 1,928.6 8,502.0 5.5 279.1 108.7 Mar 5,773.2 447.9 6,221.2 4.0 1,982.4 8,203.6 5.3 -352.2 -298.4 Apr 5,619.2 449.3 6,068.5 3.9 2,216.0 8,284.5 5.3 -152.7 80.9 May 5,214.6 430.5 5,645.1 3.6 2,018.0 7,663.2 4.9 -423.4 -621.3 Jun 4,859.2 433.1 5,292.3 3.4 2,003.3 7,295.5 4.7 -352.9 -367.6 Jul 4,526.4 1,962.8 6,489.2 4.2 2,361.1 8,850.3 5.7 1,196.9 1,554.8 Aug 5,348.0 1,250.9 6,598.9 4.2 2,642.0 9,240.9 5.9 109.8 390.6 Sep 5,143.0 1,312.8 6,455.7 4.2 2,618.4 9,074.1 5.8 -143.2 -166.8 Oct 5,142.6 911.2 6,053.8 3.8 2,415.1 8,468.9 5.3 -401.9 -605.2 Nov 5,016.8 627.4 5,644.1 3.5 2,269.7 7,913.8 4.9 -409.7 -555.1 Dec 5,730.0 289.1 6,019.0 3.7 2,413.9 8,432.9 5.2 374.9 519.1

(a) Available reserves are equivalent to the given number of months of imports. Source : Central Bank of Sri Lanka

Central Bank of Sri Lanka w Bulletin w January 2017 w 53 TRADE, TOURISM AND BALANCE OF PAYMENTS TABLE 51

Exchange Rates of Major Currencies and Monthly Indices of Nominal Effective Exchange Rate (NEER) and Real Effective Exchange Rate (REER)

Sri Lanka Rupees per 100 units of Foreign Currency Monthly Average Index End of US dollar Pound Euro Japanese Indian SDR NEER (b) REER (c)(d) Period sterling yen rupee (a) (2010=100) (2010=100)

2014 13,104.86 20,404.27 15,942.06 109.79 206.75 18,986.40 91.99 103.77 2015 14,406.23 21,357.24 15,737.37 119.60 216.77 19,963.10 96.61 109.50 2016 14,980.00 18,404.43 15,787.42 128.67 220.56 20,138.10 92.46 106.94

2015 1st Qtr 13,290.00 19,659.90 14,387.09 110.66 212.42 18,333.50 97.67 111.33 2nd Qtr 13,370.00 21,029.67 14,962.37 109.27 209.71 18,803.50 97.30 109.55 3rd Qtr 14,320.74 21,514.05 15,148.48 116.65 214.01 19,650.40 97.36 110.10 4th Qtr 14,406.23 21,357.24 15,737.37 119.60 216.77 19,963.10 94.10 107.02

2016 1st Qtr 14,390.00 20,656.85 16,294.52 128.10 216.80 20,272.90 93.80 107.39 2nd Qtr 14,525.00 19,487.47 16,143.81 141.42 215.18 20,318.20 91.53 105.76 3rd Qtr 14,672.29 19,016.76 16,456.44 145.36 219.50 20,479.80 91.91 106.90 4th Qtr 14,980.00 18,404.43 15,787.42 128.67 220.56 20,138.10 92.60 107.69

2015 Dec 14,406.23 21,357.24 15,737.37 119.60 216.77 19,963.10 93.79 107.58

2016 Jan 14,392.08 20,659.11 15,736.30 121.35 211.32 19,868.20 94.47 108.84 Feb 14,434.50 20,003.13 15,786.55 127.35 209.86 19,939.80 93.92 107.68 Mar 14,390.00 20,656.85 16,294.52 128.10 216.80 20,272.90 93.02 105.64 Apr 14,390.00 21,069.84 16,380.14 134.07 216.53 20,395.40 91.94 105.01 May 14,575.00 21,409.22 16,246.75 131.21 216.94 20,447.00 91.05 105.14 Jun 14,525.00 19,487.47 16,143.81 141.42 215.18 20,318.20 91.60 107.14 Jul 14,574.66 19,223.98 16,153.10 140.09 217.31 20,308.00 92.34 108.77 Aug 14,562.00 19,077.68 16,239.54 141.43 217.02 20,304.40 91.77 106.30 Sep 14,672.29 19,016.76 16,456.44 145.36 219.50 20,479.80 91.62 105.64 Oct 14,711.36 17,919.91 16,127.33 140.27 220.26 20,211.20 92.06 105.86 Nov 14,795.00 18,463.42 15,755.20 131.76 215.59 20,028.90 92.70 107.87 Dec 14,980.00 18,404.43 15,787.42 128.67 220.56 20,138.10 93.05 109.34

(a) Special Drawing Rights (SDRs), the unit of account of the International Monetary Fund. Source: Central Bank of Sri Lanka (b) The NEER is the weighted average of nominal exchange rates of the 24 trading partner and competitor countries. Weights are based on the trade shares reflecting the relative importance of each currency in the currency basket. (c) The REER is computed by adjusting the NEER for inflation differentials with the countries whose currencies are included in the basket. (d) With the rebasing of CCPI (2013=100), REER indices have been recalculated.

54 w Central Bank of Sri Lanka w Bulletin w January 2017 TRADE, TOURISM AND BALANCE OF PAYMENTS TABLE 52

Interbank Forward Market Transactions

Annualised Annualised Forward Volume (US$ million) Forward Premium Interest Differential Period (as % of spot) (a) (as % of spot)

Below 1 2 3 Over Total 1 Month 3 Months 1 Month 3 Months 1 Month Month Months Months 3 Months (%) (%) (%) (%)

2014 3,487.87 1,241.08 241.59 562.75 1,154.16 6,687.45 4.52 4.05 5.74 5.73 2015 2,802.98 1,636.14 450.13 687.29 1,136.10 6,712.64 5.93 5.32 5.92 5.92 2016 5,064.94 1,763.23 266.69 496.40 1,117.25 8,708.51 9.22 7.47 7.54 7.53

2015 1st Qtr 1,049.36 394.61 52.10 79.50 218.75 1,794.32 7.95 5.80 5.48 5.47 2nd Qtr 628.71 406.90 150.63 188.30 255.25 1,629.79 6.26 6.14 5.96 5.95 3rd Qtr 461.52 356.52 95.52 165.41 422.10 1,501.07 5.23 5.20 6.02 6.02 4th Qtr 663.39 478.11 151.88 254.08 240.00 1,787.46 4.29 4.15 6.22 6.22

2016 1st Qtr 1,078.29 496.48 91.17 94.50 352.50 2,112.94 6.94 6.93 6.41 6.40 2nd Qtr 1,311.30 504.48 45.77 179.20 236.75 2,277.50 12.09 8.00 8.00 7.99 3rd Qtr 1,371.21 306.17 45.35 99.55 248.85 2,071.13 8.34 7.15 8.09 8.08 4th Qtr 1,304.14 456.10 84.40 123.15 279.15 2,246.94 9.51 7.79 7.67 7.65

2015 Dec 225.06 125.40 31.58 136.18 96.75 614.97 4.85 4.13 5.76 5.76

2016 Jan 197.45 169.25 52.56 36.50 120.00 575.76 6.19 5.25 6.22 6.21 Feb 369.71 138.95 31.28 29.00 127.25 696.19 6.01 5.64 6.60 6.60 Mar 511.13 188.28 7.33 29.00 105.25 840.99 8.63 9.90 6.91 6.91 Apr 357.07 185.61 15.75 71.50 71.50 701.43 13.84 9.50 8.17 8.16 May 475.87 117.31 19.52 79.70 89.45 781.85 11.95 7.54 8.20 8.19 Jun 478.36 201.56 10.50 28.00 75.80 794.22 10.48 6.95 8.46 8.46 Jul 562.87 80.52 3.00 38.50 110.00 794.89 10.18 7.54 8.52 8.52 Aug 424.68 87.50 9.00 37.75 55.85 614.78 7.40 6.94 8.60 8.60 Sep 383.66 138.15 33.35 23.30 83.00 661.46 7.43 6.96 8.51 8.50 Oct 341.42 113.85 55.61 56.00 142.15 709.03 8.91 7.79 7.69 7.68 Nov 493.97 96.48 20.29 28.00 77.50 716.24 11.30 7.87 7.69 7.67 Dec 468.75 245.77 8.50 39.15 59.50 821.67 8.32 7.71 7.62 7.61

(a) Annualised Forward Premium (f d) is computed using the following formula. Source: Central Bank of Sri Lanka d T f = {[ Ft - St ] / St } * 100 * (12/T) T Where Ft is the forward rate for period t that exists in period t (T = 1,3) and St is the interbank spot rate at period t.

Central Bank of Sri Lanka w Bulletin w January 2017 w 55 (e)

) Rs. million 2 (11) Broad Money Supply (M (9)+(10) 4,242,061 4,241,083 4,434,839 3,460,558 4,057,212 3,553,629 3,677,478 3,821,803 4,057,212 4,206,399 4,310,482 4,057,212 4,102,952 4,206,399 4,310,482 4,394,705 4,551,940 4,616,764 4,683,235 4,823,559 4,823,559 4,551,940 4,823,559 4,158,410 53 TABLE : Central Bank of Sri Lanka (10) Public Deposits Savaings Time and Time Source 3,526,513 3,539,255 3,720,656 2,848,402 3,342,224 2,920,304 3,048,077 3,161,358 3,342,224 3,476,793 3,604,861 3,342,224 3,410,561 3,476,793 3,604,861 3,678,122 3,822,617 3,889,139 3,963,032 4,046,935 4,046,935 3,822,617 4,046,935 3,457,874 held by the ) 1 (9) (M 715,548 701,828 714,183 612,155 714,988 633,325 629,401 660,445 714,988 729,606 705,622 714,988 692,391 729,606 705,622 716,583 729,323 727,626 720,203 776,624 776,624 729,323 776,624 700,535 Money (3)+(7) Supply Narrow (d) (8) Total 999,396 946,631 832,129 999,640 783,212 919,442 996,276 999,640 996,075 917,302 999,640 972,803 996,075 917,302 967,920 1,036,684 1,097,393 1,044,510 1,007,483 1,015,251 1,015,251 1,044,510 1,015,251 1,052,422 (5)+(6)+(7) 2 (7) Public 317,119 317,119 311,409 311,581 285,662 286,228 323,936 323,936 310,350 321,645 320,249 315,257 347,123 282,729 326,931 347,123 299,605 326,931 312,842 321,645 347,123 326,931 309,768 317,949 312,842 Held by the and M and 1 (c) Demand Deposits Banks Held by 637,311 637,311 637,311 468,163 604,903 754,668 689,232 654,076 615,055 626,134 514,655 628,103 626,134 669,056 628,103 572,060 689,232 626,134 628,103 624,619 699,537 647,595 602,955 572,060 694,464 (b) (5) (6) 28,311 28,311 29,387 32,376 33,632 33,159 37,609 41,995 34,745 44,605 41,995 27,615 44,605 34,827 32,401 33,632 41,995 44,605 38,416 34,935 34,827 34,682 32,266 32,401 30,639 Held by the Government (4) Total Monetary Aggregates – M Aggregates Monetary 455,811 455,811 517,605 524,215 520,299 518,593 552,778 416,895 491,700 552,778 438,491 465,639 491,700 543,476 507,543 524,215 552,778 491,700 482,807 491,204 543,476 522,200 507,259 507,543 521,642 (1)+(2)+(3) Public 406,233 407,678 407,377 404,947 429,502 329,426 388,057 429,502 347,664 343,173 360,841 388,057 405,670 392,780 407,678 429,502 388,057 382,623 382,586 405,670 398,430 390,418 392,780 402,602 Held by the Currency (2) (3) Banks Held by 87,469 95,319 111,372 111,372 116,537 116,537 112,922 113,646 114,763 114,763 116,537 116,841 114,763 119,040 123,276 100,184 108,618 137,807 123,771 103,643 123,276 108,147 104,798 103,643 137,807 123,276 103,643 (a) … … … … … … … … … … … … … … … … … … … … … … … … (1) Held by the Government

of End Period September October November December January February March April May June July August 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter December 1st Quarter 2nd Quarter equals currency held by the public plus rupee denominated demand, savings equals currency held by the public plus rupee denominated time deposits held by the public. and 2 Interbank deposits, both local and foreign, including deposits of international organisations and commercial banks with the Central Bank. Interbank deposits, both local and foreign, including Licensed a Bank and operates as Licensed Specialised DFCC Vardhana was amalgamated with the a Bank operated as DFCC Bank which Total demand deposits held by the Central Bank and commercial banks. demand deposits held Total Currency held by the Treasury and the District Secretariats. Treasury Currency held by the banks and the Central Bank. Demand deposits of the government held with commercial M from 01 October 2015. Bank PLC with effect DFCC Commercial Bank namely, (f) (c) (d) (e) (a) (b)

2016 2016 2015 2014 2015 (f) 2016 2015 FINANCIAL FINANCIAL SECTOR

56 w Central Bank of Sri Lankaw Bulletin w January 2017 2 RM ––– 5.99 5.63 5.73 5.71 5.62 5.64 5.73 6.02 5.74 6.05 5.97 5.56 5.78 5.67 5.82 5.86 5.69 5.63 6.02 5.31 5.69 5.63 6.02 5.31 Rs. million M Money 1 Multiplier M ––– 1.06 0.91 0.92 0.96 0.95 0.91 0.92 1.06 1.02 1.04 1.03 0.94 0.96 0.93 0.92 0.90 0.93 0.91 1.06 0.92 0.93 0.91 1.06 0.92 RM 54 TABLE (RM) Money : Central Bank of Sri Lanka 577,912 856,147 793,736 718,561 739,336 785,691 793,736 673,432 619,561 608,045 640,491 763,102 733,268 774,496 792,756 798,968 757,159 856,147 673,432 791,618 757,159 856,147 673,432 791,618 Reserve Source Total 817,117 780,846 990,153 999,372 977,690 820,288 862,006 977,690 977,690 (15)+(16) 1,192,656 1,151,649 1,193,179 1,151,649 1,019,848 1,061,972 1,133,995 1,166,586 1,183,641 1,091,181 1,192,656 1,046,026 1,091,181 1,192,656 1,046,026 ercial Banks Comm- 773,946 646,967 637,667 779,970 663,283 573,077 680,307 739,459 778,676 793,374 808,692 729,107 773,946 663,283 709,014 729,107 773,946 663,283 709,014 Net Other Liabilities tary (15) (16) (17) rities 418,710 343,186 361,705 371,679 314,407 288,929 339,541 322,512 355,319 373,212 374,949 362,074 418,710 314,407 337,012 362,074 418,710 314,407 337,012 Mone- Autho- Gross Assets 3,923,201 420,776 360,070 5,849,104 5,558,367 371,679 779,970 4,957,778 5,055,644 5,488,159 373,915 819,263 5,558,367 4,827,980 4,157,429 345,996 474,292 4,319,937 286,835 530,283 4,605,583 5,222,174 5,281,194 5,483,829 5,688,710 5,774,812 5,398,221 5,849,104 4,827,980 5,170,316 5,398,221 5,849,104 4,827,980 5,170,316 (8)+(11)+ (8)+(11)+ (12)+(13) Domestic to (13) (14) Credit Sector Private 2,503,270 3,891,851 3,678,278 3,215,664 3,275,283 3,616,591 3,678,278 2,608,869 2,722,048 3,396,661 3,450,572 3,576,107 3,752,091 3,826,601 3,186,075 3,523,258 3,891,851 3,368,718 3,523,258 3,891,851 3,186,075 3,368,718 3,186,075 - to (12) tions Credit Public 254,112 254,112 254,112 192,137 289,728 266,754 249,770 254,366 266,628 266,754 198,130 202,388 240,053 2,913,614 258,956 262,813 266,459 272,641 274,388 261,269 289,728 253,795 261,269 289,728 253,795 Corpora (a) 2 (11) Net Credit to the (9)-(10) Net Assets Domestic Govt. (d) 1,157,611 1,157,611 1,078,123 1,157,867 1,254,509 1,215,899 1,157,867 1,155,813 1,141,519 1,208,393 1,215,899 1,126,756 1,208,756 1,128,465 1,157,867 1,142,406 1,160,615 1,185,166 1,254,339 1,256,522 1,254,509 1,141,246 1,254,509 1,141,246 Commercial Banks of the (10) Govt. 54,711 64,954 73,332 58,080 52,082 56,925 73,332 65,668 62,681 52,082 52,663 56,925 51,463 50,400 49,372 73,332 63,840 61,375 51,647 58,443 58,080 64,494 58,080 64,494 Deposits Assets Domestic (9) on Govt. Claims 1,143,077 1,231,199 1,312,589 1,209,692 1,272,824 1,231,199 1,221,481 1,204,200 1,209,692 1,261,056 1,272,824 1,178,219 1,259,156 1,177,837 1,231,199 1,206,246 1,221,991 1,236,813 1,309,049 1,314,965 1,312,589 1,205,740 1,312,589 1,205,740 Monetary Survey – M Monetary (8) Net Credit (6)-(7) to the 149,672 229,926 413,016 456,084 397,436 229,926 336,531 384,475 456,084 396,548 397,436 223,674 186,745 323,451 229,926 424,151 407,194 456,097 409,640 417,301 413,016 406,556 413,016 406,556 Govt. (d) 305 423 333 467 422 423 303 354 467 318 422 322 313 519 423 279 482 353 360 298 333 400 333 400 of the (7) Govt. Deposits on (6) Govt. 149,976 230,349 413,350 456,551 397,858 230,349 336,834 384,829 456,551 396,867 397,858 223,996 187,059 323,970 230,349 424,429 407,676 456,450 410,000 417,599 413,350 406,957 413,350 406,957 Central Bank of Sri Lanka Claims (5) 3,442 3,442 Total 82,110 82,110 78,227 39,735 21,861 44,871 94,641 92,064 (3)+(4) 167,111 167,111 167,111 206,923 206,923 135,327 102,138 145,223 206,923 - cial (4) Banks -369,804 318,203 -369,264 -391,478 -410,098 -353,252 145,223 -391,478 -369,264 -354,141 -366,449 -391,830 -397,862 -400,724 -410,098 -371,962 -359,156 139,859 -353,252 -389,248 -384,193 -391,478 -361,652 216,488 -363,926 174,657 -352,897 -369,264 -391,830 Commer (3) Net Foreign Assets (b) Net Foreign tary rities Mone- 688,007 576,187 558,589 413,540 498,475 558,589 576,187 489,468 468,587 473,939 437,597 422,585 413,540 416,833 499,014 498,475 483,888 476,257 558,589 578,139 538,583 431,124 576,187 473,939 Autho- ) 2 (2) (M -(17) Broad Money Supply (5)+(14) 3,460,558 4,057,212 4,823,559 4,310,482 4,551,940 4,823,559 4,057,212 4,102,952 4,158,410 4,206,399 4,242,061 4,241,083 4,310,482 4,394,705 4,434,839 4,551,940 4,616,764 4,683,235 4,823,559 3,553,629 3,677,478 4,057,212 4,206,399 ) 1 (1) (c) (M Money Supply Narrow 612,155 714,988 776,624 715,548 701,828 705,622 716,583 714,183 729,323 727,626 720,203 776,624 705,622 729,323 776,624 714,988 692,391 700,535 729,606 633,325 629,401 660,445 3,821,803 714,988 729,606 (Monetary Liabilities) Monetary Aggregates Monetary

includes Domestic Banking Units (DBUs) of commercial banks. includes Domestic Banking Units (DBUs) of commercial 2 Apr May Jun Jul Aug Sep Oct Nov Dec Q2 Q3 Q4 Dec Jan Feb Mar Q1 Q2 Q3 Q4 Q1 Credit extended by the banking system to the government, net of government deposits with banks and government cash balances. Bank and operates as a DFCC Bank which operated as a Licensed Specialised Bank was amalgamated with the DFCC Vardhana Foreign assets (net) of the Central Bank and commercial banks (including outward bills). Foreign assets (net) of the Central Bank and commercial Currency and demand deposits held by the public. M from 01 October 2015. Bank PLC with effect DFCC Licensed Commercial Bank namely, of End Period (c) (a) (b) (d) (e)

2015 2016 2016 2015 2016 2014 2015 (e) FINANCIAL FINANCIAL SECTOR

Central Bank of Sri Lankaw Bulletin w January 2017w 57 55 (Contd.) 96 77 77 94 92 92 83 72 78 78 81 80 76 75 72 75 81 78 76 75 78 92 78 Rs. million 111 and Deposit Currency Liabilities TABLE International percentage of Reserve as a Reserve as Total Total Assets/ 1,311,603 1,512,001 1,512,001 1,464,295 1,316,939 1,426,259 1,426,259 1,396,078 1,365,651 1,491,542 1,529,210 1,406,107 1,510,012 1,471,667 1,382,236 1,365,651 1,563,848 1,657,974 1,491,542 1,455,448 1,428,190 1,529,210 1,426,259 1,529,210 Liabilities and Other 45,611 45,611 47,883 68,349 68,349 45,623 40,685 40,304 65,577 87,418 43,421 40,493 40,184 40,685 39,884 41,457 40,304 40,497 52,703 65,577 68,349 65,577 Assets 182,855 Accounts (b) 6,078 and 65,336 113,756 36,473 79,217 79,217 79,217 171,117 152,011 222,213 273,807 213,056 330,043 200,006 222,213 239,608 222,884 273,807 271,561 212,247 213,056 225,185 232,803 330,043 330,043 Securities Guaranteed Government Government Domestic Assets 886 886 677 676 484 886 886 886 677 677 676 676 676 484 886 886 886 677 484 886 1,570 1,167 1,167 1,489 Other Loans and Advances to 83,307 83,307 83,307 Govern- 151,132 151,132 158,660 150,586 152,853 182,744 184,802 184,823 184,821 184,792 182,744 184,889 184,802 184,815 184,743 184,823 184,743 184,620 143,898 151,132 ment Total 184,797 957,211 972,282 867,738 980,969 933,490 867,738 1,126,674 1,126,674 1,080,830 1,025,318 1,052,703 1,049,800 1,005,859 1,066,838 1,052,703 1,004,275 1,049,800 1,058,548 1,080,875 1,058,548 1,218,974 1,129,975 1,049,800 1,126,674 Assets 3 11 36 36 48 17 17 32 36 914 354 124 5,497 1,483 2,575 6,238 1,480 3,234 1,483 2,575 4,149 6,238 6,238 Receivables IMF 75,913 34 77,859 82,096 82,666 82,666 82,273 78,616 82,666 Assets Related 117,480 117,743 118,685 116,705 115,550 117,480 118,190 118,489 117,743 117,684 117,663 118,685 117,129 116,073 116,705 116,705 Assets and Liabilities of the Central Bank the Central of Liabilities Assets and 970 597 599 303 970 966 985 797 597 800 594 599 591 301 303 970 303 Rights 1,175 1,579 1,285 1,001 1,001 1,005 1,200 Special Drawing International Reserve (a) and 433,025 473,687 378,885 376,041 326,962 287,055 325,525 378,427 376,041 355,675 325,670 326,962 313,315 318,820 287,055 288,207 277,587 325,525 376,959 388,663 378,427 446,262 376,041 378,427 Foreign Securities Government Non-Governmental 460,860 659,233 823,098 605,319 505,448 451,821 548,126 462,134 522,208 563,039 666,961 613,088 460,860 605,319 548,126 666,961 542,007 638,667 613,088 571,869 492,149 603,773 666,961 548,126 including Treasury bills Treasury Cash and Bank Balances Abroad

of June July August September October November December Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 December January February March April May End Period Government and government guaranteed securities are on fair value basis. Government and government guaranteed securities Includes securities acquired from government institutions. (b) (a)

2015 2016 2015 2016 2014 2015 2016 FINANCIAL FINANCIAL SECTOR

58 w Central Bank of Sri Lankaw Bulletin w January 2017 and 90,011 93,145 85,357 87,548 88,972 93,145 91,925 97,959 85,357 Rs. million Other 116,308 110,818 247,556 (Contd.) Liabilities Accounts Total 727,581 145,719 712,139 769,621 732,662 151,897 704,304 103,803 824,182 794,927 131,505 732,662 151,897 860,804 108,003 833,168 809,456 737,428 704,304 103,803 907,271 984,332 102,001 824,182 793,224 761,638 794,927 131,505 603,314 394,086 732,662 151,897 794,927 131,505 558,236 833,168 : Central Bank of Sri Lanka TABLE 55 TABLE Source 4 3 4 5 4 3 5 5 6 4 5 4 5 4 4 5 3 4 4 5 13 16 13 16 Other 491,511 542,268 594,234 550,504 454,218 554,234 491,221 550,504 612,305 584,621 568,271 510,931 454,218 650,022 719,960 554,234 520,391 480,960 491,221 441,987 550,504 491,221 394,161 584,621 Foreign Institutions International Organisations, Foreign Banking Governments and Deposits cial Banks 169,551 174,846 181,727 249,609 269,505 303,251 181,727 235,748 247,979 248,135 240,895 226,002 249,609 256,885 264,044 269,505 272,440 280,359 303,251 161,009 181,727 248,135 303,251 163,742 Commer- 2 7 5 6 5 7 7 7 7 6 5 6 7 5 7 7 17 17 17 16 and 118 118 118 154 ment Govern- Agencies Institutions 313 519 423 467 422 333 423 303 354 400 279 482 467 353 318 422 360 298 333 305 423 400 333 322 ment Govern- 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (c) Liabilities Securities Outstanding Total 455,811 438,491 465,639 524,215 543,476 522,200 507,259 517,605 524,215 520,299 518,593 543,476 Assets and Liabilities of the Central Bank the Central of Liabilities Assets and in 8,739 9,213 9,731 491,700 9,731 491,700 9,846 482,807 9,978 491,204 8,122 416,895 9,731 491,700 8,417 lation Coins Circu- 10,911 552,778 11,318 10,911 11,040 11,185 552,778 11,318 552,778 11,318 10,597 507,543 10,208 10,371 10,469 10,597 507,543 10,693 10,790 521,642 10,208 Currency Issued in lation Notes Circu- 429,753 456,426 481,969 496,947 513,304 541,460 481,969 472,961 481,226 533,268 496,790 496,947 506,912 510,852 513,304 509,260 507,408 541,460 408,773 481,969 541,460 447,394 533,268 Total 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 511,829 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Surplus Capital Account 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 Capital

of End Q4 December January February March April May June July August September October November December Q2 Q3 Q4 Q2 Q3 Period Central Bank’s own securities issued under section 91(1)(b) of the Monetary Law Act. own securities issued under section 91(1)(b) of the Monetary Law Central Bank’s (c) 2015 2016 2015 Q1 2016 Q1 2014 2015 2016 SECTOR FINANCIAL

Central Bank of Sri Lankaw Bulletin w January 2017w 59 & 77.9 82.5 82.5 78.5 80.4 83.3 82.0 83.3 82.8 83.4 83.6 82.8 81.1 82.5 82.8 81.1 81.2 81.1 82.5 82.7 76.3 82.8 81.1 81.1 82.8 to Adv. Total Total % of Loans (Contd.) Deposits Rs. million to 56 TABLE 441.8 463.2 463.2 407.6 406.6 436.1 418.3 436.1 486.3 463.4 469.9 445.6 389.3 413.0 445.6 389.3 424.0 417.2 413.0 425.5 386.3 459.6 389.3 445.6 (c) % of Liquid Assets Demand Deposits

or lities Total Liabi- Assets 5,107,119 5,107,119 6,311,922 6,311,922 6,311,922 4,942,307 5,296,566 6,045,741 5,976,325 6,045,741 6,189,370 6,395,681 6,493,700 6,682,581 5,698,522 5,928,832 6,682,581 5,698,522 5,762,035 5,837,724 5,928,832 6,002,160 4,855,940 6,139,494 5,698,522 6,682,581 (b) and 211,609 211,609 Fixed 309,603 370,633 294,982 256,431 228,254 273,522 256,431 183,255 228,254 216,284 234,850 269,706 266,747 234,850 269,706 258,484 264,830 266,747 255,991 508,326 223,963 269,706 234,850 Other Assets (a) Total 3,015,365 2,923,629 3,240,051 3,797,854 3,954,991 3,693,091 3,797,854 3,870,972 3,954,991 4,053,861 4,132,182 4,205,719 3,477,653 3,677,557 4,205,719 3,477,653 3,540,434 3,586,073 3,677,557 3,735,594 2,776,488 3,836,794 3,477,653 4,205,719 Loans 2,411,222 2,411,222 2,289,787 2,602,446 3,132,715 3,284,143 3,021,036 3,132,715 3,228,634 3,284,143 3,352,325 3,405,764 3,478,638 2,852,731 2,994,214 3,478,638 2,852,731 2,865,286 2,917,083 2,994,214 3,071,180 2,202,030 3,191,770 2,852,731 3,478,638 649,424 680,389 589,480 561,128 596,096 647,858 649,424 654,752 647,858 621,718 706,165 707,018 605,893 664,281 707,018 605,893 656,428 649,785 664,281 647,448 531,878 626,331 605,893 707,018 Over- drafts 9,642 Loans Advances and Ex- ports 14,507 14,454 16,394 15,520 13,931 10,337 14,507 10,088 10,337 13,756 13,580 13,871 13,791 12,759 13,871 13,791 13,134 12,565 12,759 16,474 12,002 13,791 13,871 5,571 5,457 5,920 5,571 6,165 5,920 5,825 5,432 4,785 4,754 5,337 4,785 4,754 4,748 5,705 5,337 6,545 5,413 4,754 4,785 Im- ports 26,942 26,732 27,179 25,326 .) Bills Purchased and Discounted etc 763 399 484 966 484 838 935 966 779 780 484 Local 1,346 1,237 1,026 1,024 1,346 1,049 1,024 1,039 1,240 1,407 1,407 1,278 1,407

Assets 86,027 93,348 82,616 Other ments Invest- 117,574 117,574 124,113 117,209 117,209 117,209 118,138 118,138 117,209 117,209 121,107 123,245 103,081 123,468 123,993 120,453 121,107 123,468 123,641 125,615 123,993 125,250 124,751 120,453 123,468 - ment Other 242,722 241,230 243,429 242,005 244,969 163,876 196,888 222,217 236,285 262,882 258,543 241,230 244,969 236,285 225,135 244,077 262,882 270,480 274,734 258,543 260,264 161,594 236,285 244,969 Govern Securities Investments sury Trea- bonds 615,991 616,295 641,427 665,541 692,336 480,435 569,757 400,943 505,208 515,622 572,557 616,295 692,336 505,208 502,802 525,253 515,622 540,694 587,792 572,557 584,624 557,378 505,208 692,336 Obligations Sri Lanka Govt. bills sury Trea- 293,850 279,857 269,032 248,070 227,517 333,528 308,744 363,546 325,001 243,356 238,979 279,857 227,517 325,001 291,026 248,269 243,356 225,525 204,162 238,979 275,334 262,049 325,001 227,517 and Banks 406,249 410,409 392,461 405,565 432,933 218,022 250,022 292,428 359,740 387,014 372,590 410,409 432,933 359,740 407,469 401,536 387,014 399,020 400,596 372,590 404,065 196,950 359,740 432,933 Abroad Foreign Currency on Hand Balances due from in of tion 14,116 14,116 16,921 18,882 17,240 17,623 20,289 15,009 16,172 18,882 17,591 17,010 17,128 17,602 16,912 17,985 16,172 15,596 17,591 17,602 20,289 16,228 14,831 17,591 20,289 Cash Items Collec- Process Due from 45,729 50,861 43,023 44,736 74,813 56,028 39,171 50,861 80,582 47,302 62,491 45,493 63,755 54,181 39,171 63,754 67,739 80,582 45,493 74,813 48,498 43,810 80,582 74,813 Banks Domestic Assets and Liabilities of Domestic Banking Units (DBUs) of the Commercial Banks (DBUs) of the Units Banking Domestic of Liabilities Assets and Due from Bank Central 277,068 273,498 282,755 288,610 308,671 197,035 258,230 273,498 199,646 248,548 253,835 250,759 244,306 229,533 258,230 180,139 191,185 199,646 250,759 308,671 260,214 164,428 199,646 308,671

in 95,319 87,469 Cash Hand 111,372 111,372 119,040 119,040 116,537 112,922 113,646 114,763 114,763 116,537 116,841 114,763 123,276 103,643 100,184 108,618 137,807 123,771 108,147 104,798 103,643 137,807 123,276 103,643 123,276 of End July August September October November December December January February March April May June Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Period Fixed and other assets consists of banks’ property, furniture, fittings and sundries (commission, interest receivables property, Fixed and other assets consists of banks’ bills and bills discounted. Balances Treasury Central Bank, Foreign currency on hand and Balances due from banks abroad, Government of Sri Lanka Liquid assets consist of Cash on hand, Balances due from from DFCC Bank PLC with effect Bank and operates as a Licensed Commercial Bank namely, Bank was amalgamated with the DFCC Vardhana DFCC Bank which operated as a Licensed Specialised due from domestic banks and cash items in process of collection have been excluded from liquid assets and domestic inter-bank deposits have been excluded from demand deposits, because from the the from because deposits, demand from excluded been have deposits inter-bank domestic and assets liquid from excluded been have collection of process in items cash and banks domestic from due such claims and deposits cancel out. view point of the commercial banking system as a whole 01 October 2015. The number of reporting banks was 23 from August 2011, 24 from December 2011 and 25 from April 2014. and 25 from 24 from December 2011 August 2011, The number of reporting banks was 23 from (c) (b) (d) (a)

2015 2016 2015 2016 2014 2015 (d) 2016 FINANCIAL FINANCIAL SECTOR

60 w Central Bank of Sri Lankaw Bulletin w January 2017 Other 411,413 411,413 448,114 421,366 470,397 408,109 463,895 402,545 421,277 469,025 416,404 402,141 421,277 434,776 455,196 460,369 469,025 421,277 434,776 441,865 450,129 455,196 462,438 460,369 469,025 Rs. million Contd.) Liabilities ( Foreign 196,603 198,316 198,595 197,673 138,443 195,717 212,374 131,183 141,778 140,690 195,717 197,574 204,926 185,979 212,374 195,717 197,574 210,360 203,313 204,926 193,879 186,326 185,979 212,374 : Central Bank of Sri Lanka 56 TABLE Borrowings (e) Source 200,311 200,311 183,067 179,534 179,475 192,159 145,315 182,212 206,131 134,965 135,641 141,248 182,212 204,758 177,713 199,570 206,131 182,212 204,758 185,629 190,459 177,713 194,378 199,570 206,131 InterBank (a) Domestic Total 4,422,511 4,422,511 4,862,116 4,362,334 4,942,544 3,640,976 4,290,417 5,078,090 3,722,478 3,872,525 4,029,076 4,290,417 4,459,399 4,558,129 4,793,547 5,078,090 4,290,417 4,459,399 4,504,265 4,519,817 4,558,129 4,634,485 4,677,868 4,793,547 5,078,090 and Time Savings 3,992,120 4,049,159 4,490,807 4,571,726 3,301,517 3,901,124 4,672,937 3,387,493 3,541,047 3,685,975 3,901,124 4,083,067 4,196,862 4,422,494 4,672,937 3,901,124 4,083,067 4,133,418 4,154,026 4,196,862 4,274,350 4,321,435 4,422,494 4,672,937 Deposits Total

370,214 373,353 371,309 370,818 339,458 389,293 405,152 334,986 331,477 343,102 389,293 376,331 361,267 371,053 405,152 389,293 376,331 370,847 365,791 361,267 360,135 356,433 371,053 405,152 Demand

554,004 563,185 579,757 587,561 422,601 529,750 609,584 444,791 470,568 502,341 529,750 576,207 571,854 576,162 609,584 529,750 576,207 577,468 585,180 571,854 576,603 578,436 576,162 609,584 Liabilities Residents Non 3,410,561 3,457,874 3,889,139 3,963,032 2,848,402 3,161,358 3,342,224 3,476,793 3,604,861 3,822,617 4,046,935 3,342,224 3,476,793 3,604,861 3,678,122 3,822,617 4,046,935 3,342,224 4,046,935 2,920,304 3,048,077 3,526,513 3,539,255 3,720,656 Time and Savings Deposits and Time ment Residents of Sri Lanka 27,555 28,100 21,912 21,133 30,513 22,276 29,150 30,067 20,148 23,715 16,419 29,150 30,067 20,148 19,625 23,715 16,419 29,150 16,419 22,397 22,402 29,437 29,591 22,343 Govern-

9,420 6,718 6,691 8,175 8,645 9,133 8,033 7,437 7,563 8,645 9,133 8,033 7,639 7,437 7,563 8,645 7,563 6,535 6,842 9,048 8,763 7,258 Non 11,906 11,906 10,667 Residents 317,112 317,112 311,403 311,576 309,761 317,796 320,232 315,241 282,722 299,598 326,926 323,929 312,835 321,629 347,005 326,926 323,929 312,835 310,344 321,629 347,005 326,926 347,005 285,655 286,226 Residents ment 38,113 38,113 of Sri 34,582 32,799 37,310 34,441 27,096 44,182 34,427 31,934 33,210 41,661 44,182 34,427 34,404 31,784 31,934 32,022 30,320 33,210 41,661 44,182 41,661 29,065 27,998 Demand Deposits Govern- Lanka ign Fore- 7,140 8,591 8,761 8,050 8,683 8,689 8,212 8,591 8,761 8,683 8,689 8,212 9,908 8,683 8,761 11,371 11,371 11,413 11,343 11,343 11,517 11,517 10,239 10,095 13,706 13,559 10,279 Interbank 112 112 140 186 189 164 161 182 857 154 252 186 161 857 195 213 154 189 135 252 221 857 161 172 132 Domes- tic Assets and Liabilities of Domestic Banking Units (DBUs) of the Commercial Banks (DBUs) of the Units Banking Domestic of Liabilities Assets and

Profits 668,360 672,458 685,316 697,428 716,963 574,138 608,898 632,325 649,778 672,458 716,963 608,898 613,523 614,177 632,325 634,205 638,442 649,778 662,705 528,661 608,898 716,963 537,277 555,035 Capital Paid-up Reserve Funds and Undistributed of End August September October November December January February March April May June July Q3 Q4 Q1 Q2 Q3 Q4 December Q1 Q2 Period Includes the Central Bank. (e)

2016 2016 2015 2014 2015 (d) 2016 2015 FINANCIAL FINANCIAL SECTOR

Central Bank of Sri Lankaw Bulletin w January 2017w 61 (17) Total Rs. million Assets/ Liabilities 1,119,242 1,420,911 1,149,227 1,398,315 1,362,581 1,398,315 1,028,681 1,242,145 1,410,634 1,410,981 1,390,080 1,410,634 1,449,715 1,410,981 1,370,824 1,370,824 1,418,097 1,370,824 1,388,425 1,418,097 1,400,191 1,395,357 1,398,315 1,356,571 TABLE 57 TABLE (16) lities Liabi- Other 110,048 110,048 118,596 109,426 132,613 131,448 132,613 105,107 125,597 123,078 131,228 125,930 123,078 126,351 128,121 131,228 123,843 123,843 123,268 123,843 132,338 123,268 120,165 132,613 129,313 Central Bank of Sri Lanka 9,207 9,875 9,207 9,775 9,775 9,952 9,775 9,476 9,952 7,856 9,932 9,207 9,506 (15) App- Other roved 11,937 11,937 prises 10,469 13,537 10,483 10,780 10,237 10,269 10,780 10,718 10,801 10,237 Enter- Source: (a) BOI (14) prises Enter- 154,314 179,827 171,138 179,827 129,130 166,794 131,985 157,307 166,794 146,733 154,089 168,143 166,794 171,379 174,664 146,733 151,889 153,656 154,089 162,502 170,348 168,143 179,827 179,090 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Residents 137 6,741 6,741 6,741 (13) Inter OBUs Liabilities (b) (12) Com- Banks mercial 355,511 355,511 198,984 313,805 203,170 233,341 265,041 313,805 362,094 350,857 352,973 363,778 313,805 351,631 342,459 362,094 337,796 361,824 350,857 367,104 352,968 352,973 363,778 368,120 363,778 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (11) Central Bank (10) Bank 711,054 711,054 711,054 698,744 529,713 701,526 615,617 597,936 636,901 701,526 725,349 686,158 648,223 701,526 673,814 680,062 725,349 727,279 688,261 723,630 686,158 638,173 648,223 614,230 648,223 56,311 56,311 59,929 52,210 55,081 46,485 43,605 46,815 55,081 50,701 60,776 62,242 57,928 55,081 57,058 49,427 50,701 56,776 61,520 60,776 59,410 62,242 56,435 57,928 57,928 Non-Residents Non-Bank Other residents approved by the Central Bank. Other 32,116 32,116 13,393 26,970 12,580 18,962 17,447 26,970 27,480 36,686 30,135 18,463 26,970 24,527 36,455 27,480 37,156 33,544 36,686 28,614 30,135 23,293 18,449 18,463 18,463 Assets (iv) App- Other roved prises Enter- 466,830 654,284 555,743 566,364 623,282 654,284 682,469 630,567 533,348 523,812 654,284 668,282 681,827 682,469 659,180 639,823 630,567 609,951 521,708 533,348 496,590 496,184 523,812 523,812 BOI prises Enter- 250,115 250,115 249,771 229,803 233,277 231,163 249,771 250,692 259,586 274,819 298,761 249,771 262,739 256,594 250,692 251,678 256,618 259,586 271,266 275,435 274,819 277,161 284,073 298,761 298,761 Residents Inter OBUs 45,672 37,151 23,907 23,488 45,672 46,759 42,125 38,030 26,175 45,672 46,032 42,188 46,759 39,295 40,904 42,125 47,024 44,989 38,030 28,722 24,904 26,175 41,257 26,175 Assets (b) (7) (8) (9) (4) (5) (6) Com- Banks mercial Board of Investment (BOI) Enterprises, and 196,363 214,883 222,939 287,953 214,883 208,378 205,225 222,939 216,793 233,125 242,317 276,166 298,488 285,479 295,065 292,688 287,953 136,852 159,347 214,883 242,317 285,479 126,291 287,953 (iii) 817 822 805 (3) 1,026 1,124 1,123 1,169 1,124 1,123 1,127 1,123 1,123 1,138 1,134 1,138 1,137 1,145 1,148 1,155 1,169 1,134 1,145 1,124 1,169 Central Bank Assets and Liabilities of Off-Shore Banking Units (OBUs) of the Commercial Banks the of Units (OBUs) Banking Off-Shore of Liabilities Assets and Bank 80,033 71,080 65,356 82,647 87,843 82,647 79,928 67,174 87,843 91,999 80,354 85,233 85,233 77,922 82,647 116,876 116,876 105,359 100,360 130,375 125,430 108,912 105,359 125,430 105,359 Commercial Banks (ii) (1) (2) 66,265 75,467 84,019 95,474 98,791 95,474 99,071 97,836 98,791 52,067 95,474 112,986 112,986 115,197 116,664 112,986 112,986 136,623 102,967 109,850 122,594 131,689 122,242 136,623 122,594 136,623 Non-Residents Non-Bank of Non-Residents June July August September October November December 4th Qtr December January February March April May 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr End Period An Off-Shore Banking Unit (OBU) is a unit in a commercial bank, established in terms of Central Bank Circular No. 380 of 2 May, 1979 which accepts deposits Banking Unit (OBU) is a unit in a commercial bank, established Circular in terms of Central Bank No. 380 of 2 May, An Off-Shore (i) Assets and Liabilities denominated in foreign currencies have been converted into Sri Lanka rupees at exchange prevailing rates at the end of the relevant period. and grants advances in designated foreign currencies from and to : and grants advances in designated foreign currencies (a) (b)

2015 2016 2015 2016 2014 2015 2016 SECTOR FINANCIAL

62 w Central Bank of Sri Lankaw Bulletin w January 2017 (Contd.) Net (12) Total Rs. million 15,126 Assets Foreign (8)+(11) -162,043 -362,660 -298,163 -439,896 -278,001 -298,163 -360,378 -401,801 -439,896 -464,233 -437,601 -281,520 -278,001 -286,931 -205,499 -491,954 -467,503 -491,954 -298,163 -231,238 -231,238 -283,637 -231,238 58 TABLE (11) Total Banks (9)+(10) -740,183 -793,784 -874,350 -913,835 -776,476 -874,350 -849,847 -870,388 -913,835 -901,830 -854,434 -780,535 -776,476 -763,188 -744,082 -905,494 -890,087 -905,494 -672,881 -874,350 -789,827 -789,827 -767,526 -789,827 Commercial OBUs (10) -511,634 -515,804 -534,342 -578,486 -589,417 -500,376 -578,486 -551,873 -564,480 -589,417 -589,089 -567,483 -500,376 -431,424 -494,994 -573,610 -559,576 -573,610 -451,934 -578,486 -464,168 -464,168 -454,007 -464,168 Commercial Banks Net Foreign Assets (b) Net Foreign -330,511 -224,379 -259,442 -295,864 -324,418 -276,100 -295,864 -297,974 -305,909 -324,418 -312,741 -286,951 -268,900 -276,100 -331,764 -249,089 -331,884 -331,884 -220,947 -295,864 -325,659 -325,659 -313,518 -325,659 DBUs (8) (9) Monetary 476,257 578,139 431,124 576,187 473,939 498,475 576,187 489,468 468,587 473,939 437,597 422,585 416,833 499,014 498,475 538,583 413,540 413,540 688,007 576,187 558,589 558,589 483,888 558,589 Authorities (a) ) 2b ) 2b (7) Total (M Broad Money (3)+(6) 5,246,721 3,980,651 4,305,003 4,565,917 4,731,636 5,096,238 4,565,917 4,638,282 4,703,819 4,731,636 4,772,124 4,781,197 4,940,432 4,988,563 5,096,238 4,141,101 4,843,739 4,843,739 3,875,853 4,565,917 5,405,596 5,405,596 5,165,733 5,405,596 Total (4)+(5) Savings Deposits Time and Time 3,511,700 3,511,700 4,138,117 4,138,117 4,526,518 3,347,326 3,644,558 3,850,929 4,002,030 4,366,915 3,850,929 3,945,892 4,003,283 4,002,030 4,056,576 4,079,369 4,223,850 4,274,380 4,366,915 3,263,698 3,850,929 4,628,972 4,628,972 4,438,107 4,628,972 OBUs ) 188,596 143,923 164,783 167,790 176,569 156,684 164,869 178,379 176,569 181,647 184,139 156,684 159,745 163,588 164,869 173,221 181,149 178,379 142,666 176,569 189,034 189,034 181,014 189,034 2b Time and Savings Deposits (d) and Time Consolidated Monetary Survey (M Monetary Consolidated 4,337,922 3,203,403 3,346,917 3,476,768 3,674,360 3,845,346 3,973,248 4,188,536 3,674,360 3,764,244 3,819,144 3,845,346 3,896,831 3,915,782 3,973,248 4,050,629 4,093,231 4,188,536 3,121,032 3,674,360 4,439,938 4,439,938 4,257,093 4,439,938 DBUs Broad Money (M Broad Money ) 1 Total (1)+(2) Narrow 720,203 692,391 700,535 729,606 715,548 701,828 705,622 716,583 714,183 729,323 633,325 629,401 660,445 714,988 729,606 705,622 729,323 714,988 727,626 776,624 612,155 714,988 776,624 776,624 Money (M ) (c) 1 Demand Deposits 317,119 317,119 311,409 311,581 315,257 309,768 317,949 323,936 312,842 310,350 321,645 285,662 286,228 299,605 326,931 323,936 312,842 321,645 326,931 320,249 347,123 282,729 326,931 347,123 347,123

Narrow Money (M Narrow Money (6) (3) (4) (5) (1) (2) 407,377 429,502 329,426 388,057 429,502 429,502 Currency 404,947 382,623 382,586 405,670 398,430 390,418 392,780 406,233 402,602 407,678 347,664 343,173 360,841 388,057 405,670 392,780 407,678 388,057

All Resident Non National Foreign Currency (RNNFC) balances are treated as foreign liabilities; All Resident Non National Foreign Currency (RNNFC) One half (50 per cent) of Non Resident Foreign Currency (NRFC) deposits are treated as domestic deposit liabilities; One half (50 per cent) of Non Resident Foreign Currency All other domestic foreign currency accounts are treated as domestic deposit liabilities. All other domestic foreign currency accounts are treated (i) (ii) of (iii) End All DBU placements with OBUs are recorded as domestic assets, while all DBU borrowings from OBUs are recorded as domestic liabilities. All DBU placements with OBUs are recorded as domestic Hence, the following apply: the basis of ownership rather than on the basis of currency. Foreign currency deposits with DBUs are classified on

Period is based on the aggregated data pertaining to both Domestic Banking Units (DBUs) and Offshore Banking Units (OBUs) of Licensed Commercial Banks (LCBs) operating in Sri Banking Units (OBUs) of Licensed Commercial Banks (LCBs) operating in Sri Banking Units (DBUs) and Offshore is based on the aggregated data pertaining to both Domestic October November December January February March April May June July August September Q2 Q3 Q4 Q1 Q2 Q3 Q4 December Q1 2b (1) (2) Data from October 2015 to July 2016 were revised. banks (including outward bills) External assets (net) of the Central Bank and commercial Currency and demand deposits held by the public and savings deposits of the public held with commercial banks. Time from 01 October 2015. PLC with effect DFCC Bank Bank namely, Bank and operates as a Licensed Commercial DFCC Bank which operated as a Licensed Specialised Bank was amalgamated with the DFCC Vardhana M The major changes are: Lanka. Definitional changes have been adopted in aggregating DBUs and OBUs to avoid double counting and misclassification of assets and liabilities. Lanka. Definitional changes have been adopted in aggregating (f) (c) (b) (d) (e) (a)

2016 2016 2015 2014 2015 2016 2015 FINANCIAL FINANCIAL SECTOR

Central Bank of Sri Lankaw Bulletin w January 2017w 63 (28) Net Total Rs. million Assets 4,346,599 4,142,694 4,667,663 5,171,531 5,335,693 5,374,239 4,998,661 5,105,620 5,171,531 5,236,357 5,248,700 5,335,693 5,378,034 5,270,083 5,374,239 5,636,834 5,636,834 5,533,652 5,636,834 3,860,727 4,864,081 4,864,081 4,864,081 5,449,370 (24)+(27) Domestic (Contd.) Total (Net) -772,980 -800,281 -792,364 -931,946 -952,682 -992,295 -890,138 -888,445 -931,946 -896,675 -928,935 -952,682 -987,012 -992,295 -779,418 -867,954 -867,954 -867,954 Items Other (25)+(26) -1,015,219 -1,034,843 -1,034,843 -1,021,417 -1,034,843 -1,013,092 : Central Bank of Sri Lanka TABLE 58 TABLE Source (26) (27) OBUs -139,865 -125,819 -152,314 -187,061 -151,674 -129,412 -197,500 -189,802 -187,061 -162,024 -173,277 -151,674 -140,514 -104,359 -129,412 -169,371 -169,371 -160,237 -169,371 -122,344 -149,000 -149,000 -149,000 -138,730 Other Items (Net) DBUs -633,114 -674,461 -640,051 -744,885 -801,008 -862,883 -692,637 -698,643 -744,885 -734,651 -755,658 -801,008 -846,498 -910,860 -862,883 -865,472 -865,472 -861,180 -865,472 -657,074 -718,954 -718,954 -718,954 -874,361 Monetary Authorities and (24) (25) Total +(23) Credit (17)+(20) Domestic 5,119,579 4,942,975 5,460,028 6,103,477 6,288,375 6,366,535 5,888,799 5,994,064 6,103,477 6,133,032 6,177,635 6,288,375 6,365,046 6,285,302 6,366,535 4,640,146 5,732,034 5,732,034 5,732,034 6,671,677 6,671,677 6,555,069 6,671,677 6,462,462

Total Sector Credit to (21)+(22) the Private 4,204,430 4,204,430 4,125,744 4,204,430 4,044,460 (a) ) 2b (22) (23) OBUs 2,963,159 241,111 265,337 3,661,998 236,230 2,845,099 242,658 3,156,272 265,835 3,634,554 274,813 3,798,071 287,140 3,965,417 277,479 3,493,143 271,529 3,546,812 265,835 3,634,554 271,661 3,722,234 274,813 3,798,071 284,816 3,860,923 289,292 3,905,882 287,140 3,965,417 312,579 299,143 312,579 254,928 2,758,199 263,502 3,449,577 312,579 263,502 3,449,577 263,502 3,449,577 292,370 Credit to the Private Sector DBUs

3,891,851 3,826,601 3,891,851 3,891,851 3,752,091 Total Public Corps. 3,396,661 511,544 Credit to (18)+(19) 484,728 2,608,869 482,649 2,722,048 525,314 2,913,614 514,857 3,368,718 484,874 3,523,258 452,195 3,678,278 527,624 3,215,664 526,416 3,275,283 514,857 3,368,718 489,802 3,450,572 484,874 3,523,258 472,082 3,576,107 441,498 3,616,591 452,195 3,678,278 446,047 2,503,270 522,966 3,186,075 522,966 3,186,075 522,966 3,186,075 Net Domestic Assets (b) Assets Net Domestic 495,114 495,114 495,114 495,114 495,114 459,835 469,057 (21) (19) (20) OBUs 253,911 286,598 280,260 285,262 261,062 223,605 185,441 277,854 272,050 261,062 252,588 226,989 223,605 205,623 174,870 185,441 268,853 268,853 268,853 205,386 187,194 194,668 205,386 205,386 Domestic Credit Credit to Public Corporations DBUs 254,112 254,112 254,112 192,137 198,130 202,388 240,053 253,795 261,269 266,754 249,770 254,366 253,795 258,956 262,813 261,269 266,459 266,628 266,754 289,728 272,641 274,388 289,728 289,728

Consolidated Monetary Survey (M Monetary Consolidated Total Govt. (13)+(16) Credit to the 1,972,133 1,958,167 1,960,268 1,972,133 1,972,133 (18) (16) (17) Total (14)+(15) 1,549,345 2,005,429 1,551,487 1,948,923 1,529,566 1,759,492 1,531,500 1,868,032 1,536,361 1,920,837 1,547,510 1,954,066 1,535,339 1,959,489 1,558,406 1,965,599 1,549,345 2,005,429 1,575,945 2,032,042 1,541,374 1,937,922 1,551,487 1,948,923 1,286,228 1,435,900 1,529,566 1,759,492 1,389,473 1,613,148 1,487,026 1,673,771 1,454,990 1,778,441 1,529,566 1,759,492 1,547,510 1,954,066 1,559,116 1,559,116 1,559,116 1,559,116 1,559,116 1,548,527 1,542,967 OBUs (15) 391,735 335,587 371,699 375,687 394,842 406,264 392,933 397,791 391,735 390,778 332,981 335,587 208,105 371,699 262,717 278,270 326,525 371,699 406,264 304,608 294,188 286,446 304,608 304,608 Commercial Banks DBUs (14)

Credit to the Government (Net) (f) Credit to the Government 1,157,611 1,157,611 1,215,899 1,157,867 1,155,813 1,141,519 1,141,246 1,142,406 1,160,615 1,185,166 1,208,393 1,215,899 1,078,123 1,157,867 1,126,756 1,208,756 1,128,465 1,157,867 1,141,246 1,254,509 1,254,339 1,256,522 1,254,509 1,254,509 (13) Central Bank of 413,016 456,084 397,436 413,016 229,926 336,531 384,475 406,556 424,151 407,194 456,084 456,097 396,548 397,436 409,640 149,672 229,926 413,016 223,674 186,745 323,451 229,926 406,556 Sri Lanka 417,301

of End December April May June July August September October November Q2 Q3 Q4 December January February March Q1 Q2 Q3 Q4 Q1 Period Credit extended by the banking system to the government, net of government deposits with banks and government cash deposits Credit extended by the banking system to the government, (g)

2015 2016 2015 (e) 2015 2016 2015 2016 2014 SECTOR FINANCIAL

64 w Central Bank of Sri Lankaw Bulletin w January 2017 (Contd.) Net (13) Total +(12) Rs. million Assets Foreign (10)+(11) (10)+(11) -611,749 -433,679 -438,168 -383,194 -315,625 -358,833 -526,984 -444,144 -586,558 -640,553 -426,664 -383,194 -444,144 -506,395 -586,558 -616,947 -640,553 -585,521 -429,099 -426,664 -548,331 -136,735 -444,144 -383,194 59 TABLE (12) and LFCs LSBs -150,042 -151,237 -151,956 -153,582 -153,334 -164,323 -145,981 -146,662 -148,600 -148,663 -151,956 -145,981 -146,017 -146,662 -147,516 -149,444 -148,600 -147,919 -147,579 -148,663 -151,861 -145,981 -151,956 (11) and Net Assets Foreign Banks (DBUs OBUs) -767,526 -763,188 -789,827 -740,183 -744,082 -793,784 -874,350 -913,835 -905,494 -776,476 -789,827 -874,350 -849,847 -913,835 -901,830 -890,087 -905,494 -854,434 -780,535 -776,476 -672,881 -874,350 -789,827 Commercial (10) 578,139 538,583 431,124 576,187 473,939 413,540 498,475 576,187 489,468 468,587 -870,388 -146,530 473,939 437,597 422,585 413,540 416,833 499,014 498,475 688,007 576,187 Monetary Authorities ) 4 +(8) (M Broad Money (1)+(2) 5,849,114 6,380,064 483,888 6,468,761 476,257 6,630,256 558,589 6,630,256 558,589 6,630,256 558,589 (8) (9) (7) Savings (3)+(4)+ (5)+(6)+ Deposits Time and Time 5,693,276 5,788,146 5,903,674 4,429,921 5,031,690 4,645,248 5,238,505 4,819,230 5,434,796 5,041,452 5,720,253 5,191,041 5,882,649 5,345,546 6,002,730 5,612,934 6,302,265 5,041,452 5,720,253 5,127,994 5,782,927 5,188,084 5,191,041 5,882,649 5,259,864 5,939,403 5,288,755 5,951,626 5,345,546 6,002,730 5,443,717 6,120,424 5,504,561 6,178,793 5,612,934 6,302,265 5,903,674 4,314,681 4,897,695 5,041,452 5,720,253 5,903,674 (a) ) 4 LSBs include Regional Development Banks/Pradeshiya Sanwardhana Bank (which was Sanwardhana Bank (which was LSBs include Regional Development Banks/Pradeshiya established on 14 July 2010 by amalgamating Regional Development Banks), National Savings Development Banks), National Savings established on 14 July 2010 by amalgamating Regional Development Bank Ltd, HDFC Bank Bank,State Mortgage and Investment Bank, SANASA MBSL Ltd. Bank Development Lankaputhra and Ltd Bank Savings Lanka Sri Lanka, Sri of amalgamated with Merchant Bank Sri Lanka Savings Bank Ltd, which operated as a LSB, was Merchant Bank of Sri Financial Services Ltd and operates as a LFC namely, PLC and MCSL Licensed a as operated which Bank DFCC 2015. January 01 w.e.f. PLC Finance and Lanka a Licensed Bank and operates as Vardhana Specialised Bank was amalgamated with the DFCC 2015. from 01 October DFCC Bank PLC with effect Commercial Bank namely, (7) (d) LFCs 518,555 524,463 530,740 421,580 439,527 465,268 483,948 493,629 500,093 512,789 483,948 488,798 492,249 493,629 498,072 502,725 500,093 500,297 506,214 512,789 530,740 417,312 483,948 530,740

) 4 (6) Other 734,459 739,063 741,456 649,942 670,702 684,167 677,815 699,202 710,301 723,441 677,815 681,467 689,982 699,202 703,688 705,751 710,301 717,704 719,853 723,441 741,456 637,146 677,815 741,456 operating operating 2b Financial Survey (M Financial LSBs (d) (5) Broad Money (M Broad Money 73,506 78,171 84,814 86,340 88,419 90,440 98,807 86,340 87,148 88,085 88,419 90,041 89,634 90,440 94,086 96,586 98,807 72,525 86,340 RDBs /Pradeshiya Sanwardhana Bank Time and Savings Deposits (c) and Time (4) OBUs 181,014 101,799 188,596 102,671 189,034 104,689 143,923 164,783 167,790 176,569 156,684 164,869 178,379 189,034 104,689 176,569 181,647 184,139 156,684 159,745 163,588 164,869 173,221 181,149 178,379 142,666 176,569 189,034 104,689 (b) DBUs Commercial Banks 4,157,448 4,233,353 4,337,755 3,733,629 4,337,755 4,337,755

(b) 295,671 3,616,779 277,776 3,688,933 284,507 292,513 3,753,107 287,178 3,808,319 278,364 3,827,057 270,677 3,879,843 276,755 3,958,409 277,520 4,000,759 288,033 4,099,517 259,109 3,140,971 255,322 3,292,065 259,708 3,417,191 295,671 3,616,779 292,513 3,753,107 270,677 3,879,843 288,033 4,099,517 257,684 3,045,032 295,671 3,616,779 Demand Deposits (b) (3) (1) (2) 383,130 377,157 376,523 399,095 392,361 384,506 386,507 399,952 396,712 401,298 401,229 285,559 398,778 281,837 423,486 303,096 342,659 337,936 355,859 383,130 399,095 386,507 401,298 423,486 303,096 325,331 383,130 423,486 303,096 Currency

) definition. 4 is based on the aggregated data pertaining to Licenced Specialised Banks (LSBs) and and Banks (LSBs) Licenced Specialised to pertaining aggregated data the on is based of Aug Sep Oct Nov Dec Dec Jan Feb Mar Apr May Jun Jul Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 4 End Period M from those demand deposits and time and savings deposits of DBUs in this table differ Currency, with commercial banks, LSBs and LFCs. and savings deposits of the private sector Time in Sri Lanka. under the Financial 58 due to the fact that LSBs and LFCs are not treated as ‘Public’ Table in Survey (M Licenced Finance Companies (LFCs), in addition to the institutions covered in M Licenced Finance Companies (LFCs), in addition (c) (b) (a) 2015 2016 2015 2016 2014 2015 2016 FINANCIAL FINANCIAL SECTOR

Central Bank of Sri Lankaw Bulletin w January 2017w 65 Net (31) Total Assets Rs. million 6,397,445 6,568,572 6,164,397 5,597,338 5,961,780 6,164,397 6,164,397 6,551,152 (29)+(30) Domestic (Contd.) (30) Total (Net) Items Other -1,557,011 6,469,207 -1,556,011 6,469,207 -1,556,011 -1,499,832 -1,439,286 -1,333,080 -1,381,276 -1,439,286 -1,749,842 7,013,450 -1,439,286 -1,517,208 -1,749,842 7,013,450 -1,257,453 5,034,430 -1,749,842 7,013,450 -1,326,073 5,347,315 -1,602,520 6,643,283 -1,668,966 6,728,928 -1,485,196 6,289,322 -1,602,520 6,643,283 -1,651,875 6,705,945 -1,685,331 6,607,893 -1,668,966 6,728,928 -1,694,121 6,813,743 -1,719,341 6,906,929 : Central Bank of Sri Lanka TABLE 59 TABLE (29) Total +(28) Credit 7,897,277 7,603,684 6,930,418 7,343,055 7,603,684 8,763,292 7,603,684 8,068,360 8,125,583 8,763,292 6,291,883 8,763,292 6,673,388 8,025,218 8,245,803 8,397,895 7,774,519 8,025,218 8,245,803 8,357,820 8,293,224 8,397,895 8,507,864 8,626,270 (20)+(22) Domestic Source to (28) (27) Total Credit Sector Private 4,863,911 5,008,924 5,079,942 4,736,408 4,166,978 4,456,399 4,736,408 4,736,408 (23)+(24)+ (25)+(26)+ (f) LFCs 945,651 5,712,282 844,676 851,120 945,651 5,712,282 602,854 3,835,477 805,167 945,651 5,712,282 651,258 3,987,857 686,447 748,629 805,167 832,803 4,962,596 863,126 5,175,396 903,617 5,405,067 805,167 816,036 4,795,735 825,418 832,803 4,962,596 863,126 5,175,396 877,484 5,257,157 888,224 5,322,302 903,617 5,405,067 919,023 5,506,450 933,760 5,612,239 Other 411,865 411,424 453,970 407,987 453,970 392,416 453,970 423,967 442,039 467,001 392,416 402,181 417,801 433,543 392,416 396,231 399,482 402,181 417,801 420,560 427,925 433,543 438,408 446,436 LSBs Bank 67,532 93,059 96,398 90,324 92,198 93,059 96,398 98,191 63,001 RDBs / 108,232 108,232 108,232 102,490 100,271 102,490 104,559 106,299 Pradeshiya Credit to Private Sector (27) (24) (25) (26) OBUs 75,332 241,111 312,579 265,337 94,262 312,579 263,502 89,249 312,579 236,230 242,658 84,496 263,502 89,249 265,835 274,813 287,140 263,502 89,249 277,479 271,529 265,835 271,661 94,723 274,813 284,816 289,292 287,140 292,370 299,143 254,928 (a) ) (23) 4 DBUs Commercial Banks 3,891,851 3,396,661 3,891,851 3,186,075 3,891,851 2,608,869 2,722,048 2,913,614 3,186,075 3,368,718 3,523,258 3,678,278 3,186,075 3,215,664 3,275,283 3,368,718 3,450,572 3,523,258 3,576,107 3,616,591 3,678,278 3,752,091 3,826,601 2,503,270 Sanwardhana Total (22) Public rations Corpo- Credit to 495,114 511,544 495,114 495,114 522,966 484,728 482,649 525,314 522,966 514,857 484,874 452,195 522,966 527,624 526,416 514,857 489,802 484,874 472,082 441,498 452,195 459,835 469,057 446,047 Net Assets Domestic Domestic Credit (21) Banks OBUs) 495,114 511,544 495,114 495,114 522,966 484,728 482,649 525,314 522,966 514,857 484,874 452,195 522,966 527,624 526,416 514,857 489,802 484,874 472,082 441,498 452,195 459,835 469,057 446,047 (DBUs and Commercial Credit to Public Corporations Financial Survey (M Financial (20) Total Credit to (18)+(19) the Govt. (14)+(15)+ (16)+(17)+ 2,344,309 2,200,802 2,280,791 2,361,342 2,344,309 2,547,764 2,585,532 2,540,633 2,555,895 2,344,309 2,451,160 2,506,950 2,547,764 2,547,892 2,555,839 2,585,532 2,628,581 2,529,424 2,540,633 2,541,579 2,544,974 2,555,895 2,010,359 2,555,895 LFCs 62,114 59,756 67,672 66,019 68,872 68,097 56,998 67,672 66,019 64,402 64,508 68,872 64,124 66,374 68,097 59,667 68,097 Other 518,298 530,912 60,408 507,104 59,247 516,824 55,599 516,676 507,085 513,888 514,915 516,824 55,599 514,431 515,000 516,676 512,454 65,748 514,306 65,934 507,085 523,962 518,544 513,888 517,489 517,582 514,915 513,042 516,824 55,599 514,915 LSBs 750 750 750 750 9,000 9,350 7,000 8,175 8,450 8,950 1,800 9,600 9,350 7,000 8,950 1,750 Bank 11,700 RDBs / Pradeshiya OBUs 394,842 406,264 392,933 10,200 397,791 10,000 391,735 390,778 332,981 335,587 294,188 286,446 304,608 262,717 278,270 15,700 326,525 16,550 371,699 12,395 406,264 391,735 335,587 304,608 371,699 12,395 375,687 208,105 371,699 12,395 304,608 Credit to the Government (Net) (e) Credit to the Government (18) (19) (15) (16) (17) DBUs Commercial Banks Sanwardhana

1,157,611 1,157,611 1,141,519 1,141,246 1,142,406 1,160,615 1,185,166 1,208,393 1,215,899 1,254,339 1,256,522 1,254,509 1,126,756 1,208,756 1,128,465 1,157,867 1,141,246 1,215,899 1,254,509 1,157,867 1,155,813 1,078,123 1,157,867 1,254,509

of Sri (14) Bank Lanka Central 384,475 406,556 424,151 407,194 456,084 456,097 396,548 397,436 409,640 417,301 413,016 223,674 186,745 323,451 229,926 406,556 456,084 397,436 413,016 229,926 336,531 149,672 229,926 413,016

of Dec Feb Mar Apr May Jun Jul Aug Sep Oct Nov Q1 Q2 Q3 Q4 Dec Jan Q1 Q2 Q3 Q4 End Period The sharp increase in credit to private sector by LFCs in some months could be attributed to to be attributed could some months in LFCs by sector to private in credit increase sharp The Net credit to the government equals to Credit extended by the Central Bank, LCBs, LSBs LSBs Central Bank, LCBs, the extended by Credit equals to government the to credit Net and LFCs to the Government, net of Government deposits and Government cash balances. and LFCs to the Government, net of Government already established Specialised Leasing Companies (SLCs) obtaining LFC licenses. (f) (e)

2016 2015 2016 2014 2015 2016 2015 SECTOR FINANCIAL

66 w Central Bank of Sri Lankaw Bulletin w January 2017 714 994 714 (13) Rs. million 2,780 3,203 5,414 5,891 1,064 2,245 3,005 3,052 5,414 5,084 3,107 3,005 2,869 3,052 2,877 5,414 5,693 5,693 5,693 3,031 2,724 (Deficit) on SRR Excess / (12) - (11) 60 TABLE Central Bank of Sri Lanka Actual Reserves Actual Reserves (12) Banks’ 4,115,747 4,115,747 4,343,811 4,343,811 2,636,157 4,627,768 2,640,849 2,552,874 2,638,325 4,000,457 3,784,120 3,992,145 4,627,768 3,780,540 3,482,903 4,000,457 3,713,350 3,784,120 4,201,701 3,992,145 4,251,898 4,627,768 2,943,637 2,943,637 2,943,637 3,714,452 Commercial Deposits with (Cumulative total the Central Bank for the reserve week) 15 × (11) Required Reserves (10) Cumulative 3,711,421 3,711,421 4,112,967 2,632,954 4,622,354 2,634,958 2,551,810 2,636,080 3,997,452 3,781,068 3,991,430 4,622,354 3,775,456 3,479,795 3,997,452 3,710,481 3,781,068 4,200,707 3,991,430 4,249,021 4,622,354 2,937,945 2,937,945 2,937,945 4,341,088 (10) (8) - (9) Required Reserves 164,560 288,897 164,685 170,121 175,739 249,841 252,071 266,095 288,897 235,966 248,557 249,841 247,365 231,964 252,071 257,060 262,544 266,095 283,268 288,897 183,622 183,622 183,622 271,318 (a)(b) Till Cash the table refer to the cumulative reserves for the reserve period, while commercial bank period, while commercial bank the table refer to the cumulative reserves for the reserve deposits for that particular period. deposits with the Central Bank are the cumulative Excess/Deficit on SRR is the difference between the cumulative SRR for the reserve for the period. period and cumulative deposits of the commercial banks from 16 January 2016. and subsequently increased to 7.50 per cent with effect DFCC namely, Bank Commercial Licensed a as operates and Bank Vardhana DFCC from 01 October 2015. Bank PLC with effect Excludes interbank deposits. from 01 July 2013 cent with effect SRR was reduced from 8.00 per cent to 6.00 per Bank was amalgamated with the DFCC Bank which operated as a Licensed Specialised 38,511 38,511 33,411 33,411 33,411 33,411 41,454 33,797 36,160 42,212 61,824 41,129 38,369 38,655 34,023 33,496 25,514 33,496 28,746 30,590 32,594 36,160 41,129 38,655 33,496 39,996 (c) (d) (e) Total Total 311,314 311,314 Reserves 277,420 282,353 286,000 289,578 293,787 293,201 295,430 301,055 304,750 317,291 322,393 190,073 217,032 322,393 193,431 200,710 208,333 217,032 286,000 293,201 304,750 322,393 217,032 (5)+(6)+(7) Other 2,741 2,495 2,429 2,673 2,600 2,379 2,331 2,410 2,322 2,452 2,383 2,351 2,021 2,330 2,351 2,083 1,991 1,997 2,330 2,429 2,379 2,322 2,351 2,330 Required Reserves Against Deposits (d) Against Required Reserves and Time Savings 247,264 252,300 256,674 258,844 263,494 264,079 266,793 272,028 276,034 281,884 288,390 293,152 169,776 193,701 293,152 172,854 178,690 186,322 193,701 256,674 264,079 276,034 293,152 193,701 (7) (8) (9) (5) (6) 27,415 27,558 26,897 28,061 27,693 26,743 26,306 26,617 26,394 26,979 26,517 26,891 18,276 21,001 26,891 18,493 20,029 20,014 21,001 26,897 26,743 26,394 26,891 21,001 Demand Reserve Position of Commercial Banks of Commercial Reserve Position (4) Total (1)+(2)+(3) 3,698,937 3,764,713 3,813,339 3,861,039 3,917,164 3,909,341 3,939,066 4,014,069 4,063,334 4,150,858 4,230,542 4,298,572 3,167,890 3,617,206 4,298,572 3,223,846 3,345,174 3,472,213 3,617,206 3,813,339 3,909,341 4,063,334 4,298,572 3,617,206 (3) Other 32,687 31,778 31,344 36,550 33,272 32,387 35,645 34,673 31,717 31,083 32,136 30,958 33,682 38,831 31,344 34,724 33,189 33,283 38,831 32,387 31,717 30,958 31,344 38,831 Deposits (c) (2) and Time Savings 3,758,454 3,845,203 3,908,687 3,296,853 3,364,005 3,422,326 3,451,248 3,513,249 3,521,049 3,557,241 3,627,034 3,680,456 2,829,600 3,228,352 3,908,687 2,880,898 2,978,166 3,105,359 3,228,352 3,422,326 3,521,049 3,680,456 3,908,687 3,228,352 (1) Demand 359,716 358,541 356,575 356,575 351,921 358,541 304,607 358,541 353,561 365,533 367,436 358,626 369,242 350,742 354,899 351,921 333,820 333,571 350,023 358,626 350,023 374,146 350,023 308,224

Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Dec 1st Qtr Period maintained as a part of required reserves in the form of Sri Lanka currency notes and coins. Details of required reserve of Sri Lanka currency notes and coins. Details of required reserve maintained as a part of required reserves in the form Appendix table on the methods have been published in the ratios, which were applicable in the past and computation Annual Reports prior to 2003. 'Reserve Position of Commercial Banks' in the reserve calculation and maintenance periods were increased to two periods per month, first from 1st to 15th and the Reserve data were for the last reserve week of each month and second from 16th to end of each month. Up to May 2013 The required reserves recorded in from June 2013 onwards, Reserve data are for the 2nd reserve period of each month. financial institutions are required to maintain reserves against their deposit liabilities as prescribed by the Monetary Board. Board. Monetary the by prescribed as liabilities deposit their against reserves maintain to required are institutions financial an amount from 24 January 1992, effect only commercial banks are subject to reserve requirements. With Currently, total deposit liabilities, but not exceeding four per centum, could be of till cash over and above two per centum of the With effect from June 2013, the basis for computing the Statutory Reserve Requirement (SRR) was changed and 7 day (SRR) was changed and 7 day from June 2013, the basis for computing the Statutory Reserve Requirement With effect Under Sections 10c, 93, 94, 96 and 97 of the amended Monetary Law Act (Chapter 422), commercial banks and other other and banks commercial 422), (Chapter Act Law Monetary amended the of 97 and 96 94, 93, 10c, Sections Under Source: (b) (a) 2016 2016 2015 2014 2015 (e) 2016 2015 FINANCIAL FINANCIAL SECTOR

Central Bank of Sri Lankaw Bulletin w January 2017w 67

(d) Total Coins 8,122 9,731 8,739 9,213 9,731 9,731 9,846 9,978 8,417 11,318 10,911 11,318 10,911 11,040 11,185 11,318 10,208 10,597 10,208 10,469 10,597 10,790 10,371 10,693 Rs. million 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 Ct. 61 TABLE 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 02 01 Cts. 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 Cts. : Central Bank of Sri Lanka 10 05 39 39 39 39 39 39 39 39 39 39 39 39 39 39 39 39 39 39 39 39 39 39 39 39 Cts. Source 25 Cts. 121 121 121 121 121 121 121 121 121 121 121 121 121 121 121 121 121 121 121 121 121 121 121 121 50 Cts. 186 185 186 185 185 185 186 186 186 186 185 185 185 186 186 186 186 186 186 186 186 185 186 186 Coins 1 Re. 735 795 852 759 776 795 808 822 836 852 795 799 803 808 818 822 831 836 842 847 852 747 814 826 2 Rs. 1,049 1,156 1,272 1,092 1,120 1,156 1,186 1,216 1,242 1,272 1,156 1,165 1,173 1,186 1,206 1,216 1,232 1,242 1,253 1,263 1,272 1,071 1,197 1,224 5 Rs. 3,131 3,474 3,726 3,249 3,359 3,474 3,567 3,612 3,635 3,726 3,474 3,496 3,528 3,567 3,604 3,612 3,627 3,635 3,650 3,689 3,726 3,188 3,594 3,618 10 Rs. 2,253 3,346 4,506 2,680 2,999 3,346 3,686 3,985 4,237 4,506 3,346 3,427 3,514 3,686 3,880 3,985 4,138 4,237 4,333 4,424 4,506 2,454 3,804 4,065 (c) Total Notes

511,829 511,829 408,773 481,969 541,457 429,753 456,426 481,969 533,268 496,947 513,304 541,457 481,969 472,961 481,226 533,268 496,790 496,947 510,852 513,304 509,260 507,408 541,457 447,394 506,912 10 Rs. 1,411 1,411 1,520 1,450 1,382 1,488 1,470 1,450 1,434 1,416 1,400 1,382 1,450 1,445 1,439 1,434 1,429 1,425 1,416 1,403 1,400 1,394 1,388 1,382 1,504 20 4,121 4,883 5,332 4,751 4,733 4,883 5,199 5,312 5,253 5,332 4,883 4,891 4,931 5,199 5,331 5,337 5,312 5,276 5,256 5,253 5,214 5,213 5,332 4,434 50 4,273 4,672 5,141 4,761 4,602 4,672 5,146 5,302 5,075 5,141 4,672 4,671 4,672 5,146 5,304 5,301 5,302 5,258 5,122 5,075 4,975 4,992 5,141 4,595 100 18,411 18,411 17,030 18,979 20,590 18,657 18,650 18,979 20,723 20,842 20,207 20,590 18,979 19,031 19,165 20,723 21,424 21,225 20,842 20,531 20,395 20,207 19,892 19,955 20,590 Rs. Rs. Rs. Rs. 200 131 131 131 133 131 131 132 132 132 131 131 131 131 131 131 131 131 131 131 131 131 131 131 131 Notes (b) Rs. 500 30,971 31,417 33,476 28,206 31,656 33,476 31,691 29,829 30,804 31,656 34,047 31,872 32,812 33,476 31,656 30,961 34,047 34,809 32,314 31,872 32,259 32,276 32,812 31,665 Currency Issued by the Central Bank (by Denomination) Central Bank Issued by the Currency Rs. 1,000 130,711 130,711 131,375 141,169 127,258 133,244 141,169 140,101 127,224 129,261 133,244 145,386 133,616 134,371 141,169 133,244 129,317 145,386 140,104 133,842 133,616 134,745 134,824 134,371 132,123 Rs. 2,000 20,166 20,435 67,439 38,974 20,435 65,444 56,391 47,950 38,974 36,027 26,224 22,562 20,435 38,974 36,256 34,220 36,027 31,957 28,572 26,224 25,271 23,437 22,562 21,557 Rs. 292,702 313,733 285,107 272,164 291,424 313,733 247,912 246,187 254,916 285,107 271,271 268,574 272,164 281,960 287,939 291,424 292,240 158,725 247,912 313,733 181,014 186,450 218,754 247,912 5,000

(a) 455,811 455,811 552,775 524,215 552,775 552,775 Issued 518,593 543,476 507,543 491,700 491,204 543,476 522,200 507,259 517,605 524,215 520,299 491,700 438,491 465,639 491,700 482,807 507,543 521,642 416,895 Currency of November December Q1 Q2 Q3 Q4 December January February March April May June July August September October Q1 Q2 Q3 Q4 End Period Currency notes of Rs. 5, Rs. 2 and Re. 1 are also included. The value of these notes remained unchanged at Rs. 37.2 million, Rs. 26.7 million and Rs. 5.0 million, respectively as at end December 2016. The value of these notes remained unchanged at Rs. 37.2 million, Rs. included. Currency notes of Rs. 5, Rs. 2 and Re. 1 are also coins, Rs. 500 coins, Rs. 1,000 coins and Rs. 5,000 coins stand at As at end December 2016, the values of Rs. 100 December 2016. This includes commemorative coins issued upto 31 stands at Rs. 258.6 million. The total value of other commemorative coins, as at end December 2016, Rs. 43.8 million respectively. Rs. 5.4 million, Rs. 24.4 million, Rs. 251.4 million and Pursuant to Section 51 of the Monetary Law Act, the Central Bank’s holdings of notes and coins are not considered as part of its currency issue. holdings of notes Act, the Central Bank’s Pursuant to Section 51 of the Monetary Law 4 20 were issued from denomination Rs. Currency notes in the of 2,000 from February 1998, Rs. 4 200 from February 1982, Rs. 9 500 from 1981, Rs. December 23 1,000 from Rs. 1980, August 17 October 2006 and Rs. 5,000 from 4 February 2011. 17 October 2006 and Rs. 5,000 from 4 February 2011. (c) (d) (a) (b)

2016 2015 2016 2015 2016 2015 2014 FINANCIAL FINANCIAL SECTOR

68 w Central Bank of Sri Lankaw Bulletin w January 2017 Average Weighted Call Rate Mini- mum Market Per cent per annum Interbank TABLE 62 TABLE : Central Bank of Sri Lanka 8.20 8.18 8.20 8.17 8.15 8.15 8.20 8.18 8.20 6.40 6.40 6.40 6.40 6.40 6.40 6.40 6.40 6.40 6.80 6.70 6.73 7.55 7.50 7.50 8.40 8.40 8.40 8.42 8.42 8.42 8.42 8.42 8.42 6.70 6.55 6.64 6.15 6.10 6.12 6.35 6.35 6.35 8.42 8.42 8.42 8.40 8.40 8.40 8.44 8.42 8.43 8.44 8.40 8.42 8.44 8.40 8.42 8.44 8.40 8.42 6.50 6.00 6.21 8.15 8.00 8.09 8.15 8.00 8.09 8.15 8.05 8.14 Maxi- mum Source (f) Rate night Over- SLIBOR (e) Rate Prime 8.41 11.76 8.45 11.98 8.44 11.73 8.44 11.73 8.44 11.73 10.48 8.20 10.10 8.16 10.48 8.20 10.87 8.56 12.29 8.44 12.25 8.44 12.29 8.44 Lending (AWPR) (AWPR) Average Weighted Mini- 3.00 7.40 6.40 3.00 7.40 6.40 2.47 3.00 7.40 6.40 3.00 7.76 6.78 3.00 8.28 7.51 2.46 2.47 3.25 6.90 6.62 2.19 7.00 6.13 2.19 6.94 6.35 2.49 2.52 2.53 2.53 2.62 2.00 3.25 6.35 6.10 2.00 3.25 8.87 8.10 2.53 2.00 3.25 8.87 8.10 2.44 9.55 8.15 and Bills Purchased Discounted 22.58 22.58 22.00 22.58 22.58 22.58 22.00 22.00 22.00 22.00 22.00 22.00 24.00 24.00 24.00 24.00 24.00 22.00 24.00 22.00 24.00 24.00 22.00 22.00 Maxi- Mini- 2.50 2.50 6.00 2.50 2.50 2.50 6.00 6.00 5.75 6.00 6.00 6.00 6.00 6.00 6.50 6.00 3.50 5.44 3.50 6.00 6.00 3.50 6.00 6.24 Un- Secured (a) 24.00 24.00 24.00 24.00 24.00 24.00 24.00 24.00 24.00 24.00 24.00 24.00 26.00 26.00 26.00 24.00 24.00 24.00 24.00 24.00 26.00 24.00 24.00 24.00 Maxi- Commercial Banks’ Rates on Advances on Rates Commercial Banks’ Mini- 5.00 5.00 2.00 5.00 5.00 5.00 2.00 2.00 5.00 5.00 5.00 1.50 1.50 1.50 1.00 1.00 1.00 5.00 1.00 1.88 1.50 1.00 1.88 1.89 Others 32.00 32.00 24.00 32.00 32.00 32.00 25.00 24.00 32.00 32.00 32.00 24.00 25.00 25.00 25.00 25.00 25.00 32.00 25.00 30.00 25.00 25.00 30.00 25.00 Maxi- 4.74 4.74 2.00 4.74 4.74 3.93 2.00 2.00 4.75 5.00 4.75 2.00 2.00 1.50 1.50 2.00 1.50 4.75 1.50 2.00 1.50 1.50 2.00 2.00 Mini- vable Loans and Overdrafts Immo- Property Secured by Maxi- 24.00 24.00 25.00 24.00 24.00 25.00 24.00 25.00 25.00 24.00 24.00 25.00 25.00 25.00 25.00 24.00 24.00 24.00 24.00 25.00 25.00 24.00 25.00 25.00 6.00 6.00 2.00 6.00 6.65 6.65 3.25 2.00 3.00 6.00 5.33 2.00 2.66 2.00 3.64 3.71 3.00 5.90 3.00 3.25 2.00 3.00 3.25 3.25 Mini- in Stock Trade mum mum mum mum mum mum mum mum mum mum 24.00 24.00 24.00 24.00 24.00 24.00 24.00 24.00 24.00 24.00 24.00 24.00 24.00 24.00 24.00 24.00 24.00 24.00 24.00 24.00 24.00 24.00 24.00 24.00 Maxi-

(d) 6.20 6.20 6.87 6.20 6.26 6.33 6.72 6.87 5.83 6.02 6.00 7.10 7.32 7.56 7.79 8.00 8.17 6.20 8.17 6.44 7.56 8.17 6.44 6.58 AWDR 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 Savings Deposits 8.00 8.00 9.00 8.00 8.50 8.50 8.50 9.00 8.00 8.00 8.00 9.00 9.00 9.00 9.00 9.00 9.00 8.00 9.00 8.00 9.00 9.00 8.00 8.00 4.15 4.15 5.00 4.15 4.15 4.15 5.00 5.00 4.15 4.15 4.15 5.00 5.00 5.00 5.00 5.13 5.40 4.15 5.40 4.15 5.00 5.40 4.15 5.00 24 month 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 14.00 13.50 13.25 12.75 12.75 13.00 12.50 12.75 13.00 14.00 13.00 12.50 13.00 13.00 12.50 12.50 3.95 3.95 4.50 3.95 3.95 3.95 4.50 4.50 3.95 3.50 3.50 4.50 4.50 4.50 4.50 4.50 4.50 3.95 4.50 3.95 4.50 4.50 3.95 4.00 12 month 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 12.00 15.00 15.00 15.00 15.00 15.00 15.00 Commercial Banks’ Deposit Rates Deposit Commercial Banks’ 3.90 3.90 4.50 3.90 3.90 3.90 4.50 4.50 3.90 3.90 3.90 4.50 4.50 4.50 4.50 4.50 4.50 3.90 4.50 3.90 4.50 4.50 3.90 4.00 Fixed Deposits Money Rates : The Central Bank and Commercial Banks Commercial and Central Bank : The Money Rates 6 month 9.50 9.50 9.50 9.50 9.50 9.75 9.75 9.75 8.75 11.75 11.50 11.75 12.00 12.50 12.50 13.00 13.50 13.50 13.50 10.15 12.50 13.50 10.15 10.75

4.00 4.00 4.00 4.00 4.00 4.00 3.10 4.00 3.10 3.75 4.00 4.00 4.00 3.10 3.75 3.75 3.75 4.00 4.00 4.00 3.50 3.50 3.25 3.40 month 7.00 9.50 9.50 8.30 mum mum mum mum mum mum mum mum mum mum 11.10 11.10 11.25 11.10 11.10 11.25 11.25 Mini- Maxi- Mini- Maxi- Mini- Maxi- Mini- Maxi- Mini- Maxi- 12.00 12.90 12.95 12.75 13.50 13.50 13.50 10.25 12.95 13.50 10.00 10.25 10.25 3 Rate Facility Lending Standing (SLFR)(c) Overnight Facility Standing Deposit Rate (SDFR)(c) Sri Lanka Central Bank of (b) Rate Bank 15.00 7.00 8.50 15.00 7.00 8.50 15.00 7.00 8.50 15.00 7.00 8.50 15.00 7.00 8.50 15.00 7.00 8.50 15.00 6.00 7.50 15.00 6.00 7.50 15.00 6.50 8.00 15.00 6.50 8.00 15.00 6.50 8.00 15.00 6.50 8.00 15.00 6.50 8.00 15.00 6.50 8.00 15.00 6.00 7.50 15.00 7.00 8.50 15.00 6.50 8.00 15.00 6.00 7.50 15.00 6.00 7.50 15.00 6.00 7.50 15.00 6.50 8.00 15.00 6.50 8.00 15.00 7.00 8.50 15.00 7.00 8.50 of End Period July August September October November December December January February March April May June 1st Qtr Qtr 1st Qtr 2nd Qtr 3rd 4th Qtr Qtr 1st Qtr 2nd Qtr 3rd 4th The rate at which the Central Bank grants advances to banking institutions as the lender of last resort. Repurchase Rate and Reverse Repurchase Rate were renamed as Standing Deposit Facility Rate (SDFR) and Standing Lending Facility Rate(SLFR)The Average respectively, Weighted Deposit with effect Rate (AWDR) is from calculated 02 January by Central 2014. Bank monthly, based on the weighted average of all outstanding interest bearingThe Average deposits Weighted Prime of commercial Lending Rate banks (AWPR) is and calculated the corresponding by the Central interest Bank weekly, rates. based on commercial bank's lending to their primeThe customers Sri Lanka Inter during Bank Offered the week. The Rate monthly (SLIBOR) figures is computed are average daily values by the Central of estimated Bank, weekly based onrates. rates offered by commercial banks in the inter-bank market. The rate shown is the average of such offered rates by selected commercial banks. All interest rates are as at the end of period, unless otherwise stated. (b) (c) (d) (e) (f) (a) SECTOR FINANCIAL

2015 2016 2015 2016 2014 2015 2016

Central Bank of Sri Lankaw Bulletin w January 2017w 69 year <= 15 – – – – – – – – – – – – – – – – – – – – – – 9.13 Rs. million / year <= 10 11.05 11.62 11.62 11.05 11.89 11.05 12.56 13.90 12.32 12.56 13.90 12.27 12.35 12.35 12.56 12.61 12.27 12.39 12.00 10.00 10.53 TABLE 63 TABLE year <= 5 <= 5 9.98 11.76 11.55 11.28 11.96 11.86 11.60 11.28 11.68 12.21 12.88 12.21 12.88 12.21 12.23 year <= 4 <= 4 9.90 11.11 11.11 11.59 11.53 11.83 11.70 11.25 11.56 12.02 12.85 12.02 12.85 12.02 12.05 Per cent per annum Treasury Bonds Treasury year <= 3 <= 3 9.90 10.03 10.20 10.85 9.40 11.81 11.38 11.81 11.40 11.81 11.80 11.58 11.49 11.35 12.50 12.50 10.93 10.75 10.93 year <= 2 <= 2 9.38 Primary Dealers in Government Securities Central Bank of Sri Lanka 7.90 11.38 11.63 11.00 11.38 11.63 11.18 11.38 11.46 11.28 11.15 10.69 10.13 10.69 10.99

– 7.65 8.03 8.25 9.13 7.03 – 6.80 7.09 7.14 7.80 8.68 6.30 – – – – 11.81 11.66 11.41 11.07 – – – – 11.81 11.66 11.41 11.07 – – – – – – – – – 9.40 9.90 9.98 7.90 – – 8.49 8.83 9.01 7.70 – 9.10 9.48 9.75 8.33 – 9.40 9.90 9.98 7.90 – year <= 1 <= 1 Yield Rates (c) (per cent per annum) Rates (c) (per Yield Sources: day 7.25 8.80 10.48 10.42 10.17 10.48 10.33 10.27 10.17 10.21 10.45 10.71 10.27 10.14 < = 364 day 9.57 10.17 6.80 9.70 9.68 9.57 9.70 9.83 9.56 9.57 9.60 8.50 9.64 9.89 9.56 9.49 <= 182 <= 182 Treasury Bills Treasury day 7.20 7.50 8.03 8.65 6.08 6.18 6.28 5.60 5.85 5.95 6.58 9.20 10.05 10.30 8.76 8.72 8.65 9.20 10.05 10.30 8.76 9.00 8.64 8.65 8.67 7.48 8.63 9.01 8.64 6.58 6.80 7.25 8.62 6.55 6.60 6.73 6.70 7.08 7.10 6.58 6.80 7.25 <= 91 <= 91 Repur- chased Reverse Reverse 246,085 416,104 171,385 343,642 491,147 440,885 403,894 974,194 233,816 461,445 384,467 597,126 780,486 392,288 540,529 365,532 515,772 656,780 5,315,810 1,057,396 1,322,089 1,613,659 1,405,868 1,954,188 Repur- Repo Transactions 598,426 chased 684,012 569,139 697,751 517,868 860,931 651,434 908,454 721,855 861,254 991,182 1,568,511 9,321,832 5,409,509 1,431,887 1,504,805 2,453,397 1,889,420 2,948,459 2,030,556 1,231,175 1,019,533 6,720,895 2,729,315 Secondary Market Operations (a) Operations (a) Secondary Market Treasury Bonds Treasury Sold 93,744 75,866 54,427 38,931 17,139 40,039 77,765 83,541 414,453 138,404 412,504 256,415 323,026 140,719 174,939 183,138 106,857 123,740 322,532 424,644 338,673 1,132,664 1,436,446 1,500,302 83,634 65,242 30,187 41,300 81,918 16,912 37,026 44,357 91,767 83,525 Outright Transactions 115,661 Purchased 885,600 337,661 289,500 216,701 241,936 137,463 126,903 132,410 200,467 385,074 258,419 1,370,621 1,181,621 Repur- chased 80,223 Reverse Reverse 48,656 18,157 10,719 21,322 76,172 81,371 31,436 27,524 53,393 42,232 23,221 14,092 32,525 119,749 112,472 474,593 436,778 155,658 204,578 794,382 183,765 230,586 224,373 Trading Volumes (b) (Rs. million) Volumes Trading Repo Transactions Repur- chased 164,834 107,115 394,011 330,076 876,801 103,631 224,134 234,835 848,616 864,246 219,004 271,013 327,721 319,617 304,865 125,546 358,398 348,988 367,880 276,754 2,983,674 1,319,875 1,300,437 2,294,059 Treasury Bills Treasury Sold 50,996 45,682 32,630 41,872 19,389 87,088 71,138 28,483 74,566 45,881 56,546 43,745 50,529 39,216 554,792 710,446 196,028 191,386 142,203 689,602 134,155 181,201 163,924 148,449 12,933 13,211 20,811 40,495 86,053 17,681 59,994 20,862 10,697 48,573 36,123 17,065 50,837 26,545 33,812 39,030 67,755 74,462 26,199 46,057 299,261 322,216 104,641 228,769 Outright Transactions Purchased – – – – – – – – – – – – 10 9.67 8.63 year 12.09 11.20 14.23 14.23 14.23 10.86 10.86 10.86 12.15 10.96 Above – – – – 10 Yield Rates on Government Securities Government on Rates Yield 8.89 7.88 year 11.14 12.11 11.06 12.11 12.11 11.06 12.86 12.50 13.93 12.50 13.93 12.98 10.94 12.52 10.94 10.09 10.94 10.38

- 9 – – – – – – – – – – – – – – – year 10.00 12.08 12.08 12.08 12.55 13.80 12.55 13.80

8 – – – – 8.82 7.15 9.73 year 11.98 11.98 11.78 11.98 10.96 12.61 12.77 12.36 12.26 12.36 10.82 12.26 12.24 10.82 10.82 10.96 10.25

– – – – – – – – – – – – – – – 7 8.67 7.05 9.65 9.65 9.17 9.95 year 12.18 12.18 12.18

– – – – – – – – – – – – 6 9.40 9.90 9.90 9.55 9.71 year 11.98 11.98 12.03 12.03 12.03 12.03 12.03

Treasury Bonds (d) Treasury – – – – – – – 5 9.79 year 11.76 11.76 11.42 11.76 12.48 13.00 13.00 12.07

4 – – – – – – 8.93 – – 8.92 – 9.58 – 8.15 8.16 8.91 9.79 8.91 9.79 year 12.11 11.89 11.89 11.94 11.89 11.89 11.94 11.94 11.78 12.78 10.61 12.78 10.61 Primary Market Operations 3 – – – – – – – – – – – 7.18 8.18 8.70 8.18 year 11.51 11.58 11.62 11.62 11.75 11.58 11.62 11.75 11.53 – – – – – – – – – – – – – 2 6.70 6.70 year 11.83 11.42 11.04 11.04 11.75 11.42 11.04 11.75 10.00 Weighted Average Yield Rates (per cent per annum) Yield Average Weighted 7.80 8.50 7.30 day 364 10.11 10.11 10.17 10.48 10.55 10.48 10.73 10.24 10.10 10.17 10.55 10.17 7.19 6.21 6.28 8.07 9.76 10.64 9.53 9.67 9.86 9.69 9.94 9.39 9.48 9.55 9.63 5.84 6.01 6.83 7.30 9.63 10.17 6.68 6.76 7.07 7.18 6.83 7.30 9.76 10.64 9.86 9.39 9.63 6.83 day 182 Treasury Bills Treasury 91 day 6.78 6.11 7.14 8.90 8.45 8.71 8.88 8.80 9.03 8.55 8.60 8.60 8.72 6.55 6.78 6.45 8.90 8.88 8.55 8.72 6.45 5.74 6.45 8.72 Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec 1st Qtr Qtr 1st Qtr 2nd Qtr 3rd 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Dec of End Jan Period Unlike Treasury bills, Treasury bonds are not issued on a regular basis. Hence, a continuous series of primary market yield rates does not exist. bonds are not issued on Treasury bills, Treasury Unlike during the year Reported data are based on the latest weighted average yeilds during the quarter Reported data are based on the latest weighted average yeilds of the highest tenor during the month Reported data are based on the latest weighted average yeilds Secondary market information is based on data provided by Primary Dealers in Government Securities. Secondary market information is based on data provided by are cumulative for the period. volumes reported Trading rates. rates are averages of bid and offer Yield (g) (d) (e) (f) (g) (a) (b) (c) 2016 (f) 2016 (g) 2015 2014 (e) (e) 2014 2015 (e) 2016 (f) 2015 SECTOR FINANCIAL

70 w Central Bank of Sri Lankaw Bulletin w January 2017 6.00 (c) 1 National Housing Authority Development 3.73–6.00 3.73–6.00 3.73–6.00 3.73–6.00 3.73–6.00 3.73–6.00 3.73–6.00 3.73–6.00 3.73–6.00 3.73–6.00 3.73–6.00 3.73–6.00 3.73–6.00 3.73–6.00 3.73–6.00 3.73–6.00 TABLE 64 TABLE 3.73–13.00 3.73–13.00 3.73–13.00 3.73–13.00 3.73–13.00 3.73–13.00 3.73–13.00 3.73– Per cent per annum Per cent per Bank Sanasa 5.00–21.00 5.00–21.00 5.00–21.00 5.00–22.00 5.00–22.00 5.00–22.00 5.00–22.00 5.00–22.00 5.00–20.00 5.00–20.00 5.00–21.00 5.00–22.00 5.00–21.00 5.00–22.00 5.00–22.00 5.00–22.00 5.00–22.00 5.00–22.00 5.00–22.00 Development Respective Licensed Specialised Banks National Housing Development Authority National Housing Development

: 11.50 – – – – – – – – – – – – – – – – – – – (a) Sources Bank DFCC 5.00–20.00 9.00–11.50 5.00–20.00 9.00–11.50 7.50–12.50 5.00–24.00 7.75–12.00 5.00–20.00 8.00–12.00 8.00–20.00 Lending Rates & State Mortgage 7.07–13.50 7.59–13.50 8.12–13.50 8.38–13.50 8.38–15.00 9.69–16.00 9.96–16.00 9.96–16.00 9.96–20.00 7.07–13.50 8.12–13.50 9.69–16.00 8.12–13.50 9.96–20.00 10.50–20.00 10.50–20.00 10.50–20.00 10.50–20.00 10.50–20.00 Investment Bank (b) Bank Savings National 9.00–14.00 9.00–12.90 9.00–14.00 9.50–13.50 9.00–14.00 9.00–14.00 9.50–14.00 9.00–14.25 9.50–14.50 9.90–14.25 9.90–15.00 9.75–15.00 9.00–14.00 9.00–14.00 9.00–14.00 9.00–12.90 9.00–14.50 9.75–15.00 9.75–15.00 Fixed (1 year) Deposits 8.00–15.00 8.00–15.00 8.75–15.00 9.25–15.00 9.50–15.00 9.50–15.00 7.07–14.00 7.50–15.00 9.50–14.00 7.07–14.00 7.50–15.00 9.50–14.00 7.07–13.50 8.00–15.00 9.00–14.00 8.00–15.00 8.75–15.00 9.50–15.00 8.75–15.00 7.07–14.00 7.00–12.00 8.00–13.00 7.07–13.50 8.00–15.00 9.00–14.00 11.50–15.00 11.50–15.00 11.50–15.00 11.50–15.00 10.75–15.00 10.75–15.00 10.75–15.00 10.75–15.00 10.75–15.00 Bank Sanasa Development 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 Savings Deposits – – – – – – – – – – – – – – – – – – – 7.50 6.50 7.50 5.75 7.50 (a) Bank Fixed DFCC (1 year) Deposits Deposit Rates 6.50 7.25 8.25 8.50 8.50 6.50 6.50 6.50 6.50 8.25 8.25 6.50 6.50 Bank State 11.00 11.00 11.00 11.00 11.00 11.00 11.00 10.00 10.00 10.00 10.00 (1 year) Investment Mortgage & Fixed Deposits 6.50 6.50 6.50 7.25 8.50 6.50 7.25 11.00 11.00 11.00 10.00 Deposit and Lending Rates of Non-Commercial Bank Financial Institutions Bank Financial Non-Commercial Rates of Lending and Deposit Savings National Certificates 6.50 6.50 6.50 7.25 8.50 6.50 7.25 11.00 11.00 11.00 10.00 Fixed (1 year) Deposits National Savings Bank National Savings 5.00 7.25 7.25 4.50 8.25 8.25 4.50 8.50 8.50 4.50 8.50 8.50 4.50 8.50 8.50 4.50 10.00 10.00 4.50 10.00 10.00 4.25 10.00 10.00 11.00 4.25 11.00 11.00 4.25 11.00 11.00 4.25 11.00 11.00 4.25 11.00 5.00 5.00 5.00 5.00 4.50 4.50 4.25 4.25 4.50 8.25 8.25 5.00 5.00 4.25 Savings

Deposits

of End July August September October November December December January February March April May June 2nd Quarter Quarter 2nd 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th 1st Quarter 1st Period Data from 2015 to September 2016 were revised by National Savings Bank. Data from 2015 to September 2016 were revised by National Authority. August 2016 were revised by National Housing Development Data from 2013 to DFCC Bank which operated as a Licensed Specialised Bank was amalgamated with the DFCC Vardhana Bank (DVB) Bank (DVB) Bank was amalgamated with the DFCC Vardhana DFCC Bank which operated as a Licensed Specialised which is a Licensed Commercial Bank with effect from 01 October 2015. from 01 October 2015. which is a Licensed Commercial Bank with effect (b) (c) (a) 2015 2016 2016 2014 2015 2016 2015 SECTOR FINANCIAL

Central Bank of Sri Lankaw Bulletin w January 2017w 71 Colombo PLC PLC Colombo

2.0 9.8 2.0

– – – 12.5 18.0 10.3 10.3 10.2 Union Bank of of Bank Union 4.0-7.0 4.0-7.0

7.6-17.0 7.6-24.0

11.8-16.0 11.5-13.9 14.2-14.8 14.9-14.9 15.4-17.0 13.5-14.0

Corporation Ltd. Ltd. Corporation Shanghai Banking Banking Shanghai – – – – – – 11.6

0.0-0.1 0.5-5.6 0.0-0.1 0.5-5.7 The Hong-kong & & Hong-kong The 1.9-10.4 6.4-14.1 8.5-16.2 8.3-24.0 6.9-15.0 6.9-15.0 6.6-15.0 10.9-16.0 10.0-19.0 12.8-19.0 TABLE 65 TABLE

Per cent per annum

Licensed Commercial Banks State Bank of India India of Bank State 1.0 3.5 5.8 1.0 6.0 6.0 3.6 5.9 – – – –

Source : 14.0-15.0 14.0-15.0 14.0-15.0 14.0-16.0 14.0-15.0 12.0-14.0

Bank Bank Standard Chartered Chartered Standard 4.0 3.0-5.0 – – – – – – – – 14.0 0.7-3.0 5.7-7.0 5.8-7.1 5.8-7.1 0.7-3.0 5.9-7.2

8.4-15.5

11.6-14.0 12.0-14.0 11.5-13.2 12.6-13.4 14.0-16.0 10.4-14.5 Seylan Bank PLC PLC Bank Seylan 2.0 2.0 18.0 3.5-9.0 3.9-6.0 3.6-8.6 8.0-17.0 6.0-16.0

10.8-11.8 11.5-12.5 11.5-12.5 11.3-12.0 11.3-12.0 11.3-12.4 13.5-15.0 13.0-15.0 12.4-14.0 12.4-14.0 14.0-17.0 13.0-15.0 14.5-20.0 Sampath Bank PLC Bank Sampath 3.5 2.3 8.0 11.0 11.0 11.0 11.0 11.0 10.5 20.0 2.3-2.4 3.3-6.5

6.0-16.5

11.9-16.0 13.3-13.5 12.9-13.6 13.0-16.5 Public Bank Berhad Berhad Bank Public 2.5 0.5 0.5 6.0 2.5 3.6-5.4 – – – – – 12.6-17.0 11.5 11.4 12.0 12.0 12.0 5.5-6.3 4.0-7.3 9.0-11.6 8.8-16.0

15.1-17.6 11.5-15.0 10.0-13.4 People’s Bank Bank People’s 2.0 2.0 6.5 6.5 4.3 – – 17.5 13.2 24.0 17.0 2.5-4.0 4.0-7.0

6.0-15.0

11.0-15.0 11.0-15.0 11.0-15.0 13.0-15.0 13.5-15.5 14.5-16.5 10.0-15.0 10.5-14.1 Corporation PLC PLC Corporation

2.0 2.0 8.5 8.5

– – 10.5 10.5 10.0 10.5 Pan Asia Banking Asia Pan 4.0-7.0 3.0-9.4

6.0-15.0

14.0-15.0 13.0-16.0 15.0-18.0 18.0-22.0 15.0-16.0 Bank PLC PLC Bank

–

12.0 Nations Trust Trust Nations 1.0-1.5 1.0-1.5

2.0-11.0 4.0-24.0 4.0-24.0 9.3-23.0 2.5-10.0 7.3-24.0 5.8-15.0 2.0-10.5 3.0-9.0 8.0-24.0 8.6-24.0 14.5-16.5 5.8-15.0 6.5-12.5 6.5-12.5 9.0-35.0 5.5-14.1 5.6-15.0

10.0-24.0 13.0-15.0 ment Bank PLC PLC Bank ment

2.0 6.0 2.0 6.2

– – – – 18.0 National Develop- National 3.5-6.0

7.3-15.8

11.0-18.3 11.5-15.0 11.4-14.1 10.0-17.3 14.0-17.5 16.5-19.0 12.0-15.0 Bank Ltd. Ltd. Bank

6.5 6.7 – – – MCB 3.9-7.6 1.3-2.5 1.3-2.5 5.8-9.6

6.0-11.3 6.0-11.3 6.5-24.0 7.6-17.3 1.0-19.0 8.8-20.0 6.0-15.0 6.0-15.0 11.5-15.0 6.0-10.0

13.7-22.0 11.9-17.0 11.0-15.8 14.0-16.5 11.0-15.8 Bank Bank

1.0 1.0 – – – – – – – – – Indian Overseas Overseas Indian 3.0-6.0 7.5-8.5 7.2-8.2

13.0-16.0 19.0-21.0 13.0-16.0 19.0-21.0 Indian Bank Bank Indian – – – – – – – 15.0 13.5 5.0-6.0 4.0-5.0 6.8-7.8 6.8-7.8 0.5-0.6 6.5-7.5 5.6-7.6

14.0-15.0 13.0-16.0 12.0-15.0 12.9-15.0 12.0-15.0 19.0-21.0 ICICI Bank Ltd. Bank ICICI 3.0 5.0 5.0 3.0 0.2 0.2 4.9 5.0 – – – – – – – – –

Interest Rates on Deposits – % per annum Interest Rates on Deposits – % 1.9-14.0 6.0-24.0 14.0-15.0 5.3-24.0 Interest Rates on Advances – % per annum Interest Rates on Bank PLC PLC Bank

– – Hatton National National Hatton 3.5-9.0 6.2-6.5 1.9-8.6 2.3-5.7 3.6-9.4 1.8-3.6 1.8-3.7

11.0-13.0 11.0-15.0 11.0-15.0 11.0-15.0 13.0-16.5 12.0-24.0 14.0-24.0 13.5-15.0 15.5-19.0 13.5-16.0 14.5-16.5 12.0-24.0 18.0-20.0 10.5-14.1 Habib Bank Ltd. Ltd. Bank Habib 9.0 4.5 1.0 1.0 4.6 – – – – – – – – –

2.8-9.0 6.5-8.8 6.5-8.8 6.0-8.4 6.2-8.7

6.3-16.0 9.0-15.0 DFCC Bank PLC. PLC. Bank DFCC – 11.3 11.9 12.0 12.0 12.0 12.0 19.0 1.0-9.0 1.3-3.0 1.3-3.0

9.7-20.0

11.9-24.0 11.5-16.1 13.8-16.5 14.0-15.0 15.0-17.0 10.7-17.1 Deutsche Bank AG AG Bank Deutsche 9.6 12.6-15.9 – – – – – – – – 3.9-6.6 – – – – – – – – –

2.0-7.4 2.0-7.7 1.0-9.4

8.8-10.5 Ceylon PLC Ceylon

– – – Commercial Bank of of Bank Commercial 7.5-8.0 4.0-5.0 2.3-3.6 2.3-3.7

8.5-19.0 6.0-19.0 9.3-17.0 5.0-17.0

11.6-17.4 11.0-15.0 11.0-15.0 11.0-15.0 12.1-15.6 10.5-14.1 17.0-18.0 Citi Bank, N.A. Bank, Citi – – – – – 12.1-17.6 – – – – – – – – 4.1-5.1 – 1.7-4.2 3.3-7.6 4.5-8.3

10.5-12.6 10.5-12.6 Cargills Bank Ltd. Bank Cargills 1.8 1.8 10.5-12.6 – – – – – – 11.8 12.6 10.5-12.6 12.5 12.5 12.4 Interest Rates of Licensed Commercial Banks (as at 31st December, 2016) at 31st December, Banks (as Commercial Licensed Rates of Interest 4.5-8.3 3.0-7.0

8.5-16.5

11.0-15.3 12.0-12.5 12.0-12.5 Bank of Ceylon of Bank 2.0 2.0 – – – 3.5-6.0 4.0-5.0 4.0-5.0 4.6-8.6

8.5-12.5

11.8-15.6 12.6-13.4 11.8-15.6 11.5-13.0 11.0-15.0 11.0-15.0 13.0-17.5 13.0-16.5 12.5-14.5 15.5-16.5 10.5-14.1 Axis Bank Axis 8.5 11.0-15.0 8.5 8.2 8.5 4.0 4.0-5.0 – – – – – – 6.0-9.0 12.6-14.6 6.0-9.0 6.0-9.0 1.0-6.0 0.2-0.3 0.2-0.3 2.0-6.2

6.0-10.0 6.0-10.0

10.0-11.0 Amana Bank Ltd. Bank Amana – – 17.5 2.0-3.1 2.0-3.1 3.1-9.4 3.2-9.9 3.7-13.9 8.5-15.0 8.5-15.0 8.0-15.0 8.3-16.1 12.4-18.4 14.5-16.0 12.4-18.9 14.3-15.5 15.2-20.9 12.4-15.0 13.4-18.0 12.4-17.9 12.4-18.4

Bank Annual Effective Rate Annual Effective Rate Annual Effective Annual Effective Rate Annual Effective Rate Annual Effective Deposits & Advances Corporate Lending Personal / Retail Lending - Rupee Facilities - Rupee Facilities - One year - US Dollars Annual Effective Rate Annual Effective Interest payable at maturity Interest payable monthly (up to one year) SECTOR FINANCIAL Residential Housing SMI Lending (up to 5 years) Pawning US Dollar Loans to Exporters Overdrafts Lending to Prime Customers Export Bill Finance Import Bill Finance Lease Finance Agriculture - short-term Certificates of Deposit NRFC Savings Deposits ADVANCES SELECTED TYPES OF SELECTED TYPES OF DEPOSITS Savings Deposits Deposits - 12 months Time

72 w Central Bank of Sri Lankaw Bulletin w January 2017 25 50 Rs. 5 Rs. 75 Rs. Rs. Rs. 200 Rs. 500 Rs. 250 Rs. 250 Rs. 750 Rs. 100 Rs. 600 TABLE 66 TABLE

6,000 Rs. 200 Rs. 750 Rs. 4,000 Rs. 2,600 Rs. 3,000 Rs. 5,000 Rs. 3,000 Maximum Minimum Rs. Rs. 10,000 Rs. 893,750 Rs. 100,000

Issuing fee Issuing fee Renewal fee fees – for insufficient funds – technical objections Application processing Inspection charges cards ATM – Credit cards – – Issuing cheques Returned cheques Stopped cheques Standing instructions Monthly service charges and Credit Cards ATM C. Domestic Banking Operations C. Domestic Current Accounts Loans

Rs. 0 0.25% 0.50% 0.10% 0.50% US $ 5 US $ 2 US $ 5 US $ 2 US $ 3 US $ 2 Rs. 500 Rs. 200 Rs. 200 Rs. 150 Rs. 500 Rs. 200 Rs. 100 Rs. 1,000 Rs. 0 Rs. 0 0.50% 0.00% 2.00% 0.00% US $ 15 US $ 65 Rs.3,500 US $ 400 US $ 300 Rs. 7,500 Rs. 1,500 Rs. 3,500 Rs. 1,500 Maximum Minimum US $ 300 Rs. 15,000 Rs. 15,000 US $ 2,500

(as at end December December (as at end 2016)

purchased transfers Foreign drafts Telegraphic Foreign drafts commission Agent’s Issuing charges Encashment charges TTs Inward cheques Traveller’s Telegraphic transfers Telegraphic Foreign currency notes – Outward

Inward Foreign Remittances Cheques Traveller’s Foreign Currency Accounts B. Foreign Remittances Commercial Banks’ Fees and Commissions Fees and Banks’ Commercial

0.08% 0.13% 0.10% 0.10% 0.10% 0.25% US $ 7 US $ 5 US $ 7 Rs. 200 Rs. 750 Rs. 500 US $ 20 US $ 15 US $ 10 US $ 10 US $ 13 US $ 25 Rs. 1,500 Rs. 1,000 Rs. 1,000 Rs. 2,000 Rs. 1,000 Rs. 1,500 Rs. 1,000 0.50% 0.50% 0.50% 0.30% 0.30% 1.50% US $ 50 US $ 75 US $ 50 US $ 50 US $ 60 US $ 130 US $ 150 US $ 300 US $ 450 Rs. 3,000 Rs. 8,000 Rs. 3,200 Rs. 7,500 Rs. 7,500 Rs. 3,250 Rs. 7,500 Maximum Minimum Rs. 50,000 Rs. 15,000 Rs. 100,000

discrepancies discrepancies documentary credit documentary bills Telex charges Telex DC Transmission / Transmission DC Documents with table gives The a range of the maximum and minimum fees and commissions which are based on the information provided by Commercial banks charge a variety of fees and commissions on their services. charges for some specific products couldThese includeare chargesstandard payable charges toof bankscommercial abroad.banks. ForHowever, example, banks in Sri Lanka may include in their charge fees transmission used. depending on the mode of transmission outward from Sri Lanka would differ, In the case of Documentary Credits, the charges for Loan application processing fees vary according to the loan amount. Confirmation of Documents with Establishing of LCs Import bills for Negotiation of Bills for collection commercial banks. These charges, which do not change very frequently, are published semi-annually to enable the public to negotiate best terms. These fees and commissions could be different when services commissions could be different and These fees terms. negotiate best are published public to semi-annually enable the to frequently, change very These charges, whichdo not commercial banks. and products are provided as a package. to Letters of Credit, and for correction of discrepancies. payable to banks abroad such as for adding confirmation Shipping indemnities

LC Advising Charges Import Services

Export Services SECTOR FINANCIAL (1) (2) (3) (4) Notes : collection

A. Export and Import RelatedA. Export and Transactions

Central Bank of Sri Lankaw Bulletin w January 2017w 73 FINANCIAL SECTOR TABLE 67 Cheque Clearing and SLIPS(a) Value in Rs. million

Cheque Clearing SLIPS Period No. Value No. Value

2014 48,051,754 7,640,463 20,421,494 893,515 2015 49,325,706 8,434,006 23,279,340 1,169,103 2016 51,995,844 9,601,484 26,646,737 1,457,507

2015 1st Quarter 12,000,526 1,953,795 5,382,749 255,825 2nd Quarter 11,925,883 2,029,583 5,848,922 281,585 3rd Quarter 12,539,236 2,142,540 5,748,321 301,992 4th Quarter 12,860,061 2,308,087 6,299,348 329,701

2016 1st Quarter 12,965,768 2,311,515 6,191,643 334,612 2nd Quarter 12,488,606 2,269,593 6,535,401 347,487 3rd Quarter 13,261,504 2,458,093 6,680,776 371,592 4th Quarter 13,279,966 2,562,282 7,238,917 403,816

2015 December 4,420,135 826,258 2,371,798 125,157

2016 January 4,126,855 748,234 1,931,673 105,108 February 4,285,579 729,595 2,060,260 107,589 March 4,553,334 833,686 2,199,710 121,914 April 3,919,399 703,553 2,350,275 118,759 May 4,301,050 783,954 2,087,695 111,855 June 4,268,157 782,087 2,097,431 116,873 July 4,143,357 755,299 2,158,325 117,877 August 4,713,627 871,538 2,297,732 129,895 September 4,404,520 831,256 2,224,719 123,819 October 4,487,897 839,286 2,283,101 127,209 November 4,450,372 845,628 2,305,838 128,029 December 4,341,697 877,368 2,649,978 148,579

(a) SLIPS : Sri Lanka Interbank Payments System Source : LankaClear (Pvt) Ltd.

74 w Central Bank of Sri Lanka w Bulletin w January 2017 (15) Month 0.82 0.78 0.77 0.73 0.71 0.79 0.75 0.82 0.79 0.73 0.71 Rs. million Rate of Turnover for TABLE 68 TABLE 2.46 2.34 2.31 2.18 2.14 9.46 8.96 2.45 2.37 2.19 0.85 0.76 0.87 0.78 0.76 0.72 0.73 8.54 0.64 0.69 0.71 0.81 0.75 0.75 (14) (12)÷(13) (11)÷(13) Total Period (13) : Central Bank of Sri Lanka Savings Average Average Deposits 960,649.2 1,323,170.2 1,353,740.8 1,385,890.0 1,389,191.9 1,402,284.4 1,239,662.1 1,382,776.8 1,154,413.9 1,208,255.5 1,272,808.9 1,335,846.6 1,343,842.3 1,367,063.0 1,385,513.6 1,388,497.2 1,398,593.1 1,409,037.5 1,393,565.0 1,399,222.7 1,350,317.2 1,388,366.9 1,388,454.7 1,380,848.4 Source

(12) Average 976,869.9 941,122.7 953,648.6 929,481.4 683,693.7 1,083,226.6 1,055,950.2 1,066,689.5 1,007,431.5 1,001,777.4 1,032,962.1 Deposit Accounts (11) Total 888,315.4 971,965.7 962,091.0 Value of Debits to Savings of Debits to Savings Value 2,823,368.2 2,860,945.8 2,788,444.3 3,249,679.9 3,167,850.5 3,200,068.4 3,022,294.4 3,005,332.2 1,139,552.3 1,017,255.0 1,188,504.5 1,081,534.5 1,052,444.6 1,005,525.8 1,027,840.6 8,204,323.9 1,123,252.9 1,048,079.4 1,028,736.0 for Period 11,722,438.3 11,722,438.3 12,395,545.5 (a) 0.08 0.08 0.09 0.08 0.08 0.08 0.09 0.09 0.08 0.08 0.08 (10) Month (7)÷(8) Rate of Turnover for (9) 0.26 0.23 0.25 0.24 0.26 0.26 0.25 0.24 0.08 0.09 0.98 1.01 0.08 0.08 0.08 0.09 0.07 0.08 0.09 0.98 0.08 0.09 0.09 0.09 Period Total (6)÷(8) (8) Time Time Average Average Deposits 1,593,523.5 1,638,180.0 1,697,372.5 1,807,144.9 1,952,923.0 2,037,585.3 2,192,998.8 2,375,756.9 1,860,661.6 1,917,730.4 1,684,055.2 2,139,816.0 2,129,317.7 2,192,120.8 2,257,558.0 2,318,190.0 2,373,668.3 2,435,412.3 1,981,372.8 1,590,868.9 1,959,665.8 2,004,628.5 2,034,845.7 2,073,281.8

Average 139,085.6 124,969.4 140,603.0 145,964.9 171,328.4 179,761.8 180,866.8 190,339.5 137,655.7 180,574.1 129,350.9 Value of Debits to Value (6) (7) Total Time Time Deposit Accounts 417,256.7 374,908.2 421,809.1 437,894.6 513,985.3 539,285.4 542,600.5 571,018.6 149,498.0 172,892.6 177,340.8 183,440.8 181,818.9 208,128.1 175,971.0 186,919.6 186,889.0 154,203.6 176,308.6 181,253.1 181,723.7 1,651,868.7 2,166,889.8 1,552,210.3 for Period (5) 9.04 8.93 9.36 8.88 9.15 9.69 9.78 9.77 11.72 11.72 10.64 10.10 Month (2)÷(3) Rate of Turnover 9.11 9.11 9.67 7.87 9.29 8.88 9.29 9.41 9.13 9.47 9.48 for (4) 11.05 11.05 27.11 27.11 26.78 31.92 30.31 35.15 28.07 26.65 27.46 10.10 14.68 116.32 117.36 117.22 Period Total (1)÷(3) Commercial Banks’ Debits and Deposits Turnover Deposits Debits and Banks’ Commercial (3) Average Average Demand Deposits 256,438.7 267,628.9 271,033.3 285,196.4 300,173.1 299,660.3 294,478.3 301,542.9 294,239.7 293,270.7 295,924.6 300,068.3 297,459.4 307,101.1 293,997.7 299,222.2 297,558.9 303,738.2 304,584.3 298,906.3 295,490.3 270,074.3 298,963.7 222,778.4

Monthly Average 2,316,983.3 2,388,885.7 2,884,227.2 2,881,641.6 3,516,578.1 2,803,968.2 2,615,597.3 2,759,701.3 2,617,934.4 2,923,961.2 2,176,218.9

Value of Debits to Value (1) (2) Total 8,411,904.6 8,411,904.6 2,679,338.4 2,837,317.6 2,330,135.9 2,786,339.2 2,640,789.6 2,851,975.2 6,950,950.0 7,166,657.0 8,652,681.5 8,644,924.7 7,846,791.9 8,279,104.0 2,970,786.0 4,392,525.0 2,799,734.5 3,357,474.7 2,780,466.2 2,829,420.5 2,802,017.9 Demand Deposit Accounts 10,549,734.2 35,087,534.7 26,114,626.6 26,114,626.6 31,415,213.2

for Period the Period During July August September October November December December January February March April May June 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter and public corporations. Provisional This covers debits made to demand, time and savings accounts (denominated in Rupees) held by residents and non-residents excluding the government * (a)

2015 2016 2016 2014 2015 2016 2015 SECTOR FINANCIAL

Central Bank of Sri Lankaw Bulletin w January 2017w 75 FINANCIAL SECTOR TABLE 69

Ownership of Demand, Time and Savings Deposits of the Private Sector with Commercial Banks Amount in Rs. million

Demand Time Savings Total End of Description Period Amount % Amount % Amount % Amount %

1. Financial Institutions Mar 2016 21,376 6.6 72,878 3.7 9,503 0.7 103,757 2.8 Jun 2016 20,323 6.5 67,633 3.3 9,050 0.6 97,006 2.5 Sep 2016 19,347 6.1 56,660 2.5 8,579 0.6 84,586 2.1 Dec 2016 21,381 6.3 61,497 2.5 9,333 0.6 92,211 2.2

2. Plantations Mar 2016 3,500 1.1 5,283 0.3 2,904 0.2 11,687 0.3 Jun 2016 2,963 0.9 5,074 0.2 2,687 0.2 10,724 0.3 Sep 2016 2,816 0.9 5,154 0.2 2,561 0.2 10,531 0.3 Dec 2016 3,553 1.0 4,941 0.2 2,429 0.2 10,923 0.3

3. Trading Mar 2016 27,246 8.4 35,159 1.8 15,690 1.1 78,096 2.1 Jun 2016 26,871 8.6 35,141 1.7 15,125 1.0 77,137 2.0 Sep 2016 26,395 8.3 36,145 1.6 15,523 1.1 78,063 1.9 Dec 2016 28,228 8.3 36,076 1.5 19,123 1.3 83,426 2.0

4. Manufacturing Establishments Mar 2016 15,757 4.8 37,406 1.9 16,778 1.2 69,941 1.9 Jun 2016 15,757 5.0 35,819 1.7 17,055 1.2 68,631 1.8 Sep 2016 15,503 4.9 37,198 1.6 23,171 1.6 75,873 1.9 Dec 2016 18,368 5.4 41,822 1.7 19,389 1.3 79,580 1.9

5. Other Business Institutions Mar 2016 99,973 30.7 302,800 15.2 92,445 6.5 495,218 13.2 Jun 2016 92,542 29.5 294,412 14.3 86,203 6.0 473,157 12.4 Sep 2016 96,963 30.6 328,199 14.5 88,547 6.1 513,709 12.7 Dec 2016 102,345 30.0 338,799 13.9 96,771 6.5 537,915 12.6

6. Non-Business Institutions Mar 2016 26,772 8.2 80,883 4.1 19,530 1.4 127,185 3.4 Jun 2016 28,154 9.0 104,070 5.0 19,742 1.4 151,965 4.0 Sep 2016 27,369 8.6 116,994 5.2 19,536 1.3 163,899 4.1 Dec 2016 31,348 9.2 141,837 5.8 19,847 1.3 193,032 4.5

7. Local Authorities Mar 2016 14,913 4.6 11,389 0.6 4,634 0.3 30,936 0.8 Jun 2016 15,508 4.9 12,723 0.6 3,938 0.3 32,169 0.8 Sep 2016 15,890 5.0 12,410 0.5 3,092 0.2 31,392 0.8 Dec 2016 20,553 6.0 13,201 0.5 3,046 0.2 36,800 0.9

8. Individuals Mar 2016 115,694 35.6 1,443,940 72.6 1,262,408 88.7 2,822,043 75.5 Jun 2016 111,860 35.6 1,508,109 73.1 1,288,645 89.3 2,908,614 76.2 Sep 2016 112,361 35.5 1,676,574 73.9 1,289,366 88.9 3,078,301 76.3 Dec 2016 115,793 33.9 1,794,997 73.8 1,316,061 88.6 3,226,850 75.7

9. Total Mar 2016 325,231 100.0 1,989,740 100.0 1,423,893 100.0 3,738,864 100.0 Jun 2016 313,977 100.0 2,062,980 100.0 1,442,446 100.0 3,819,404 100.0 Sep 2016 316,645 100.0 2,269,335 100.0 1,450,375 100.0 4,036,354 100.0 Dec 2016 341,570 100.0 2,433,171 100.0 1,485,998 100.0 4,260,738 100.0

Source : Central Bank of Sri Lanka

76 w Central Bank of Sri Lanka w Bulletin w January 2017 FINANCIAL SECTOR TABLE 70

Commercial Banks’ Loans and Advances to the Private Sector (a)(b)(c)

December 2015 December 2016 % Category Amount as a % of Amount as a % of Change (Rs. mn.) Total (Rs. mn.) Total

1. Agriculture and Fishing 308,950 9.0 361,463 8.5 17.0 of which, Tea 72,707 2.1 82,435 1.9 13.4 Rubber 18,459 0.5 23,803 0.6 29.0 Coconut 12,234 0.4 16,261 0.4 32.9 Paddy 19,004 0.6 28,947 0.7 52.3 Vegetable and Fruit Cultivation, and Minor Food Crops 20,022 0.6 25,093 0.6 25.3 Livestock and Dairy Farming 14,432 0.4 15,387 0.4 6.6 Fisheries 11,022 0.3 14,045 0.3 27.4

2. Industry 1,397,487 40.8 1,707,466 40.2 22.2 of which, Construction 639,240 18.6 811,249 19.1 26.9 of which, Personal Housing including Purchasing / Construction / Repairs 304,227 8.9 386,687 9.1 27.1 Staff Housing 64,563 1.9 69,077 1.6 7.0 Food and Beverages 85,372 2.5 95,334 2.2 11.7 Textiles and Apparel 129,884 3.8 159,358 3.8 22.7 Wood and Wood Products including Furniture 14,474 0.4 14,911 0.4 3.0 Paper and Paper Products 11,260 0.3 13,336 0.3 18.4 Chemical, Petroleum, Pharmaceutical and Healthcare and Rubber and Plastic Products 76,174 2.2 76,706 1.8 0.7 Non-Metallic Mineral Products 14,994 0.4 16,645 0.4 11.0 Basic metal Products 19,040 0.6 23,610 0.6 24.0 Fabricated Metal Products, Machinery and Transport Equipment 124,892 3.6 148,762 3.5 19.1 Other Manufactured Products 14,513 0.4 19,366 0.5 33.4

3. Services 950,916 27.7 1,287,626 30.3 35.4 of which, Wholesale and Retail Trade 273,033 8.0 387,271 9.1 41.8 Tourism 102,908 3.0 138,726 3.3 34.8 Financial and Business Services 217,593 6.3 308,134 7.3 41.6 Transport 53,983 1.6 64,603 1.5 19.7 Communication and Information Technology 50,049 1.5 61,881 1.5 23.6 Printing and Publishing 15,742 0.5 18,512 0.4 17.6 Education 7,134 0.2 9,378 0.2 31.5 Health 25,194 0.7 30,454 0.7 20.9 Shipping, Aviation and Freight Forwarding 13,248 0.4 28,097 0.7 112.1

4. Personal Loans and Advances (d) 771,128 22.5 888,561 20.9 15.2 of which, Consumer Durables 143,517 4.2 198,146 4.7 38.1 Pawning 133,418 3.9 132,408 3.1 -0.8 Credit Cards 64,641 1.9 75,947 1.8 17.5 Personal Education 2,223 0.1 2,322 0.1 4.5 Personal Healthcare 3,300 0.1 3,516 0.1 6.5 Other 378,535 11.0 443,063 10.4 17.0

5. Total 3,428,481 100.0 4,245,116 100.0 23.8

(a) Based on the Quarterly Survey of Commercial Banks’ Loans and Advances to the Private Sector, Source : Central Bank of Sri Lanka which includes loans and advances of both DBUs and OBUs of commercial banks. (b) Includes loans, overdrafts, bills discounted and purchased, and exclude cash items in the process of collection. (c) Total values in this Table differ from credit to the private sector values in Table 58 due to differences in the compilation methodology. (d) Excludes personal housing loans, which have been included under ‘Construction’, classified under ‘Industry’ and includes ‘Safety Net Scheme Related Loans’.

Central Bank of Sri Lanka w Bulletin w January 2017 w 77 Total Rs. million Deposits 5,321,114 5,321,114 5,150,931 5,150,931 5,150,931 4,430,459 4,534,403 4,731,261 4,921,934 5,365,941 5,426,823 5,453,738 5,499,288 5,587,994 5,644,486 5,758,802 5,846,839 5,939,160 6,051,012 6,051,012 5,365,941 5,499,288 5,758,802 6,051,012 5,251,196 71 TABLE Total 3,348,870 3,348,870 3,348,870 2,914,989 2,957,713 3,078,380 3,169,096 3,497,644 3,519,018 3,558,909 3,602,913 3,645,364 3,724,805 3,781,269 3,888,771 3,973,833 4,058,999 4,125,012 4,125,012 3,519,018 3,645,364 3,888,771 4,125,012 3,441,267 Central Bank of Sri Lanka National Savings Bank State Mortgage & Investment Bank

Finance Licensed 460,790 460,790 460,790 399,655 403,336 420,578 441,414 469,255 469,484 474,607 479,560 476,827 477,427 483,392 489,902 495,761 501,670 507,688 507,688 469,484 476,827 489,902 507,688 465,839 Companies Source : (c) Other 57,366 57,366 57,366 44,814 48,155 51,581 53,196 57,284 56,584 57,455 57,174 57,275 58,167 58,918 60,030 60,262 61,253 61,842 61,842 56,584 57,275 60,030 61,842 56,457 Banks Licensed Specialised

(b) shiya 49,119 49,119 49,119 49,119 49,119 42,059 41,609 44,508 48,456 50,600 50,468 51,702 50,927 51,264 54,488 56,423 57,979 60,094 60,555 62,732 62,732 50,468 51,264 57,979 62,732 49,935 dhana RDBs/ Prade- Sanwar- Bank – – – – – – – – – – – – – – – – – – – – Fixed Deposits (f) Bank DFCC 18,756 21,592 23,215 27,505 & State 24,700 25,568 26,244 25,738 25,754 25,735 25,373 24,515 24,828 24,540 24,595 24,892 21,876 24,700 24,892 22,476 22,470 23,536 24,700 26,244 25,735 24,828 24,892 25,598 Investment (e) 418,558 424,635 431,305 433,452 435,294 439,482 444,998 446,430 449,337 459,689 461,838 463,608 397,636 418,558 463,608 398,060 407,167 405,000 418,558 431,305 439,482 449,337 463,608 419,245 Savings Mortgage (a) cial Banks Bank Commer- National 2,711,591 2,711,591 2,338,338 2,470,302 2,484,932 2,515,955 2,554,204 2,594,781 2,664,351 2,806,696 2,873,487 2,949,088 3,004,252 1,990,193 2,338,338 3,004,252 2,022,484 2,108,861 2,169,989 2,338,338 2,484,932 2,594,781 2,806,696 3,004,252 2,424,194 Total 1,802,060 1,823,470 1,846,923 1,867,914 1,850,824 1,853,925 1,863,189 1,863,216 1,870,031 1,873,006 1,880,162 1,925,999 1,515,470 1,802,060 1,925,999 1,576,690 1,652,881 1,752,839 1,802,060 1,846,923 1,853,925 1,870,031 1,925,999 1,809,929 (d) Bank nies 22,577 22,410 23,561 22,882 22,593 22,698 22,279 22,093 22,054 21,921 21,955 22,184 16,993 22,577 22,184 17,609 18,324 23,230 22,577 23,561 22,698 22,054 22,184 22,378 Finance Compa- Licensed (c) Other Banks 11,350 11,350 11,226 11,489 11,958 12,485 12,846 12,757 13,022 12,993 13,210 13,042 13,059 13,072 13,056 13,191 13,329 12,485 13,329 12,485 12,757 13,210 13,072 13,329 12,725 Licensed Specialised (b) Savings and Fixed Deposits of Deposit Taking Institutions Taking Deposit of Deposits Fixed and Savings 42,117 42,117 37,221 37,485 37,951 38,338 38,707 39,176 39,598 40,163 40,828 41,706 41,957 30,466 37,221 41,957 31,896 33,663 36,358 37,221 37,951 39,176 40,828 41,957 37,213 shiya dhana RDBs/ Prade- Sanwar- Bank Savings Deposits & State 1,431 1,405 1,349 1,386 1,426 1,456 1,438 1,468 1,445 1,420 1,408 1,439 1,236 1,274 1,268 1,349 1,426 1,468 1,420 1,439 1,131 1,349 1,439 1,328 166,114 166,114 174,504 175,507 163,367 168,263 170,886 172,565 173,099 173,131 174,679 174,754 176,777 176,347 147,197 153,506 161,687 163,367 170,886 173,131 174,754 176,347 141,585 163,367 176,347 Savings Mortgage

(a) Investment cial Banks Bank Commer- National 1,611,968 1,611,968 1,619,411 1,565,061 1,570,170 1,581,080 1,600,342 1,619,651 1,601,995 1,604,241 1,612,146 1,617,902 1,624,713 1,670,743 1,367,526 1,434,624 1,518,337 1,565,061 1,600,342 1,604,241 1,617,902 1,670,743 1,313,946 1,565,061 1,670,743 Bank of End Period August September October November December December January February March April May June July 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter Other licensed specialised banks include Sanasa Development Bank Ltd, Housing Development Finance Corporation Bank of Sri Lanka Ltd, Sri Lanka Savings Bank Other licensed specialised banks include Sanasa Development from 01 February 2005. deposits with effect Licensed finance companies were allowed to accept savings depo of the National Savings Bank have been included in its fixedsits. Deposits that previously appeared under other savings schemes Bank namely, Bank and operates as a Licensed Commercial DFCC Bank which operated as a Licensed Specialised Bank was amalgamated with the DFCC Vardhana Includes deposits of the Government, long term deposits mobilised by the two state banks under special savings schemes and foreign currency deposits. Includes deposits of the Government, long term deposits 2010 by amalgamating Regional Development Banks. Pradeshiya Sanwardhana Bank was established on 14 July Ltd., and Lankaputhra Development Bank Ltd., MBSL Savings Bank Ltd., which operated as a LSB, was amalgamted with Merchant Bank of Sri Lanka PLC and Savings Bank Ltd., which operated as a Ltd., and Lankaputhra Development Bank Ltd., MBSL from 01 January 2015. Merchant Bank of Sri Lanka and Finance PLC with effect Financial Services Ltd., and operated as a LFC namely, MCSL 2015. from 01 October DFCC Bank PLC with effect FINANCIAL FINANCIAL SECTOR (c) (d) (e) (f) (a) (b) 2015 2016 2016 2014 2015 2016 2015

78 w Central Bank of Sri Lankaw Bulletin w January 2017 Trading

16,784.4 15,909.2 18,018.7 16,510.7 16,020.4 15,030.1 16,085.6 15,836.5 17,996.8 18,058.5 18,058.5 15,777.4 15,866.7 18,058.5 15,898.1 15,030.1 15,898.1 15,898.1 14,742.4 17,157.7 14,742.4 16,689.8 17,157.7 16,666.5 Telecommunications 221.8 186.6 197.6 173.6 161.9 171.2 178.0 182.9 184.8 192.3 192.3 165.8 174.9 192.3 168.3 171.2 168.3 168.3 171.0 183.6 171.0 176.3 183.6 178.2

TABLE TABLE 72 Stores and Supplies and Stores

Colombo Stock Exchange 23,567.1 23,645.3 25,825.4 25,866.2 24,624.9 26,732.3 26,960.8 27,499.7 27,148.3 27,095.8 25,607.0 27,268.4 26,732.3 27,268.4 27,268.4 26,784.5 28,986.0 26,784.5 27,269.8 28,986.0 27,836.1 Services Source :

26,053.0 26,151.0 25,492.7 23,102.4 22,016.3 20,082.6 23,058.8 21,763.9 19,116.9 19,116.9 19,116.9 17,389.2 19,504.2 23,621.8 17,481.5 20,082.6 17,481.5 17,481.5 19,481.9 19,481.9 19,176.2 18,718.0 Power and Energy and Power

196.2 160.0 176.3 155.5 149.6 150.0 169.0 164.8 156.5 24,797.7 24,933.5 170.2 23,621.8 25,607.0 170.2 23,621.8 25,607.0 149.6 160.5 170.2 145.8 150.0 156.5 145.8 156.5 145.8 153.3 153.3 164.9 152.0 Plantation

824.0 757.0 771.6 675.6 652.3 647.3 708.8 694.4 749.1 734.0 734.0 631.8 661.6 734.0 641.2 647.3 638.6 641.2 638.6 641.2 664.6 664.6 652.5 644.6 Oil Palms Oil

82,040.3 82,050.0 77,171.1 79,325.4 79,344.8

71,229.9 72,298.1 94,336.1 71,716.8 77,171.1 68,558.4 71,716.8 68,558.4 71,716.8 72,041.1 72,041.1 70,759.4 71,648.2 113,544.9 112,842.2 113,656.6 108,922.4 Motors

18,208.8 16,690.8 18,638.4 16,620.8 16,735.3 16,134.1 16,779.5 17,919.1 15,799.2 16,731.3 17,630.8 15,140.2 16,134.1 16,446.8 15,140.2 16,446.8 15,140.2 16,527.7 16,527.7 16,412.0 16,340.7 Manufacturing

4,402.9 17,630.8 94,336.1 4,258.9 18,680.1 4,402.9 17,630.8 94,336.1 4,326.5 4,281.2 4,402.9 4,310.7 3,760.4 4,640.9 4,310.7 4,640.9 4,310.7 4,042.0 4,042.0 4,467.6 4,499.6 Land and Property and Land

747.0 4,146.2 661.2 4,058.6 683.0 4,459.1 658.7 4,004.8 648.8 3,788.9 652.8 3,760.4 703.8 4,219.3 696.0 4,206.0 690.1 687.0 690.1 621.9 673.7 690.1 634.3 652.8 662.9 634.3 662.9 634.3 667.7 667.7 700.9 647.0

Technology Information

60.1 78.3 68.8 67.2 51.2 47.8 46.1 53.9 63.8 78.3 63.8 38.3 46.1 40.6 63.8 40.6 46.1 49.5 40.6 49.5 48.9 48.9 51.2 43.9 Investment Trusts Investment

15,958.0 20,865.4 18,985.3 18,380.3 15,714.8 13,589.5 12,881.4 15,461.1 12,396.9 14,908.4 12,578.3 17,727.5 12,578.3 12,881.4 14,293.7 12,578.3 14,293.7 14,321.3 14,321.3 14,524.1 13,401.8 Hotels and Travels and Hotels

Sectoral Share Price Indices (1985 = 100) (b) Sectoral Share

3,277.4 17,727.5 3,399.5 19,233.5 3,277.4 17,727.5 3,111.5 3,111.5 3,037.5 3,033.5 3,277.4 3,033.5 3,026.1 3,129.1 3,033.5 3,129.1 3,098.5 3,098.5 3,142.3 3,108.3 Healthcare 884.9 3,453.9 799.1 3,281.6 876.8 3,322.2 869.0 3,130.4 881.2 3,061.9 876.0 3,026.1 935.1 818.8 935.1 996.9 994.5 935.1 994.5 876.0 994.5 1,028.5 3,157.4 1,067.5 3,177.9 1,110.9 1,110.9 1,110.9 1,026.2 1,026.2 1,045.2 1,132.1 1,088.4

Footwear and Textiles and Footwear 999.9 998.3 993.7 956.3 900.4 934.4 966.5 970.6 919.2 950.6 950.6 934.4 942.5 967.8 950.6 942.5 961.5 959.5 967.8 943.2

1,000.4 1,050.5 1,050.5 1,050.5 Diversified Holdings Diversified

1,849.4 1,884.7 1,849.4 1,582.3 1,545.7 1,849.4 1,545.7 1,539.5 1,560.6 1,686.3 1,545.7 1,560.6 1,623.3 1,674.6 1,686.3 1,649.4

Engineering

Construction and and Construction

2,896.8 3,059.1 2,896.8 2,473.5 2,542.2 2,896.8 2,542.2 2,328.0 2,379.3 2,828.1 2,542.2 2,379.3 2,479.6 2,760.2 2,828.1 2,659.1

Pharmaceuticals Chemicals and and Chemicals Share Market Performance Share Market

7,499.8 7,189.5 7,499.8 6,573.7 6,546.9 7,499.8 6,546.9 7,072.1 7,287.0 7,224.6 6,546.9 7,287.0 7,045.8 7,168.5 7,224.6 7,042.0

and Tobacco and

Beverage, Food Food Beverage,

22,344.3 7,905.0 3,135.1 1,847.5 21,172.4 6,997.6 2,681.7 1,659.5 21,101.9 7,193.4 2,445.1 1,637.7 20,686.7 7,072.1 2,328.0 1,539.5 21,906.9 7,320.9 2,603.0 1,651.4 22,812.4 7,193.3 2,492.8 1,642.0 21,467.0 7,307.6 3,825.7 2,105.5 21,581.2 6,880.3 2,655.7 1,790.5 21,731.5 21,199.6 22,384.6 21,199.6 20,686.7 22,318.0 21,304.4 21,199.6 22,318.0 21,893.1 21,976.8 21,304.4 21,005.9

Insurance Banks, Finance and and Finance Banks,

17,992.8 15,559.6 15,132.0 14,996.2 16,240.0 16,015.4 18,101.3 17,735.3 15,418.5 15,816.9 17,142.7 15,816.9 14,996.2 15,336.5 16,485.9 15,816.9 15,336.5 15,771.1 16,201.7 16,485.9 16,091.4

(2004=1,000) (b(c) (2004=1,000) S&P Sri Lanka 20 Index Index 20 Lanka Sri S&P

3,625.7 17,142.7 22,384.6 3,908.0 18,515.4 21,279.2 3,625.7 17,142.7 22,384.6 3,467.1 3,496.4 3,625.7 3,496.4 3,204.4 3,300.2 3,617.3 3,496.4 3,300.2 3,414.4 3,585.1 3,617.3 3,559.9

(1985=100) (b) (1985=100) All Share Price Index Price Share All

6,894.5 7,020.8 6,894.5 6,241.1 6,228.3 6,283.3 6,393.9 6,528.2 6,534.8 6,409.2 6,894.5 6,228.3 6,071.9 6,283.3 6,534.8 6,228.3

(Rs. bn) bn) (Rs. Market Capitalisation (b) Capitalisation Market 2,938.0 2,983.0 2,938.0 2,659.5 2,745.4 2,677.6 2,724.8 2,782.8 2,785.7 2,732.4 2,938.0 2,745.4 2,586.2 2,677.6 2,785.7 2,745.4 Sales 3,020.5 4,163.7 3,278.8 6,803.3 4,998.2 3,016.9 25,436.6 2,990.8 7,050.9 3,826.2 83,554.0 3,104.9 7,299.0 4,089.1 18,192.6 2,891.2 6,820.3 3,852.4 (Rs.mn.) 15,268.9 89,790.3 74,269.6 18,933.0 18,949.9 15,080.3 21,306.3 (a) Transactions Non-National 3,119.9 3,119.9 3,631.1 4,707.3 7,777.4 5,722.7 4,230.3

Purch. 20,231.8 21,007.4

17,539.1 84,418.2 74,607.7 16,765.6 14,743.1 18,207.3 24,891.7 (Rs.mn.)

104,770.8 (Rs.mn) Daily Average Turnover Average Daily 975.8 14,222.4 14,934.3 748.2 3,867.9 6,723.6 2,706.7 6,340.1 3,302.0 670.0 5,846.0 4,606.4 2,646.1 6,191.8 3,249.5 895.5 7,051.3 7,593.1 2,586.2 6,071.9 3,204.4 792.0 4,105.2 5,105.1 2,776.5 6,516.3 3,435.6 860.2 6,985.1 9,621.1 2,791.2 6,550.5 3,425.6 961.3 15,837.6 17,146.3 896.7 26,580.8 28,037.9 502.8 631.2 942.3 764.1 469.1 393.8 737.2 773.4 708.7 787.0 698.7

1,414.6 1,233.1 1,059.6

(Rs.mn) Total Turnover Total 9,851.6 8,269.5

20,731.6 20,491.3 14,216.4 12,729.6 17,909.3 14,256.9 17,204.4 75,565.7 1,199.5 54,700.6 48,006.8 41,550.8 66,266.5 1,183.3 56,718.3

11,061.2 11,061.2 11,993.5 15,281.8 23,429.8 44,855.3 42,522.5 340,917.1 253,251.0 176,935.4 Period Aug Sep Oct Nov Dec Dec Jan Feb Mar Apr May Jun Jul Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 With effect from 1 January 2013, the Milanka Price Index (MPI) was replaced by a newly introduced index, namely S&P SL 20 index. 20 index. SL the Milanka Price Index (MPI) was replaced by a newly introduced index, namely S&P from 1 January 2013, With effect is December 2004 = 1,000. This index was introduced on 27 June 2012 and its base period Data from 2015 were revised. End period. FINANCIAL FINANCIAL SECTOR (c) (a) (b) 2015 2016 2016 2014 2015 2016 2015

Central Bank of Sri Lankaw Bulletin w January 2017w 79 PUBLICATIONS OF THE CENTRAL BANK OF SRI LANKA

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