Public Finance Data and Analysis
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Sri Lanka’s gross official reserves have been consistently declining since June 2019 and as of January 2022, usable foreign exchange reserves stand at USD 792 Mn, while the twelve-month outflows at end of 2021 stand at USD 6,904 Mn, which is approximately 9 times the January 2022 reserve balance.
These twelve-month (short-term) outflows refer to predetermined net drains on foreign currency assets and include foreign currency liabilities of both the government and the central bank of Sri Lanka.
