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Import bill falls, even as vehicle inflow climbs

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Sri Lanka’s import bill dropped by USD 179 million in May 2025 to USD 1.507 billion, despite a notable rise in personal vehicle imports, and there has been a continued surge in workers’ remittances, according to the latest data released by the Central Bank of Sri Lanka (CBSL).

The value of personal vehicle imports stood at USD 118 million in May, a marginal dip from USD 134 million in April. However, the broader import decline was driven by weakening services inflows and tighter control on other categories of goods, amid concerns over the sustainability of Sri Lanka’s external sector.

The import contraction comes as remittance inflows continued their upward trajectory. Workers abroad sent home USD 635.7 million in June—up 22% year-on-year—bringing total remittances for the first half of 2025 to USD 3.7 billion. This represents an 18.9% increase from the same period last year, reinforcing remittances as the single largest source of foreign exchange for the country. In 2024, Sri Lanka received a total of USD 6.57 billion in remittances,

largely underpinned by a steady outflow of migrant workers, with 312,836 Sri Lankans officially departing for overseas employment during the year.

While gross inflows from exports, remittances, and services amounted to USD 2.14 billion in May—comfortably exceeding goods imports by USD 633 million—the performance of the services sector flagged warning signs. Services receipts fell to USD 464.6 million from USD 602 million in April. Tourism earnings dropped sharply to USD 164 million from USD 256 million, while IT and BPO service exports declined to USD 61.6 million from USD 85.4 million.

Investment goods imports, at USD 344.3 million in May, remained only marginally below April’s figure of USD 371 million.



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Timely and accurate data essential for effective decision making – PM

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A meeting was held to discuss post-disaster planning and the reconstruction process, with special focus on flood-prone areas on Monday [8 th of December]  at the Prime Minister’s Office under the patronage of the Prime Minister, and attended by representatives from the United Nations Development Programme (UNDP), the World Bank, and the United Nations Office for Project Services (UNOPS).

During the meeting, the Prime Minister emphasized the critical importance of timely and systematic information and data collection to support timely and effective decision-making on a daily basis following the post disaster situations. The Prime noted that accurate data flows are essential for guiding recovery efforts in the short and long term.

The Representatives outlined the need assessment process using RAPIDA and Global Rapid Post-Disaster Damage Estimation (GRADE), the UNDP’s post-crisis assessment initiated by integrating GIS technology, satellite imagery, and ground-level data, to deliver real-time, actionable insights after a crisis to helps identify affected locations, communities, infrastructure damage, debris estimates, and land use changes-providing crucial data.

The representatives of UNDP reaffirmed their commitment to supporting the Government and they expressed their readiness to collaborate closely and to strengthen ongoing partnerships to enhance the efficiency and effectiveness of post-disaster response and reconstruction activities.

The discussion was attended by the Country Manager for World Bank Dr. Gevorg Sargsyan, Resident Representatives for United Nations Development Programme (UNDP) Ms. Azusa Kubota, South Asia Director for United Nations Office for Project Services ((UNOPS), and Secretary to the Prime Minister  Pradeep Saputhanthri, Additional Secretary (Development) Ms Sagarika Bogahawaththa and officials from the Department of National Planning.

[Prime minister’s media division]

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Bandaranaike Memorial National Foundation donates Rs. 250 million to the Government for national recovery after the emergency situation

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The Bandaranaike Memorial National Foundation has donated Rs. 250 million to the Government to support the rebuild of the country following the emergency situation caused by the Ditva cyclone.

Chairperson of the Bandaranaike Memorial National Foundation, former President Chandrika Bandaranaike, together with the Board of Directors, handed over the cheque to Prime Minister Dr. Harini Amarasuriya on 08 th of December at the Prime Minister’s Office.

Subsequently, a cordial discussion was held between the Foundation’s Chairperson, former President Chandrika Bandaranaike, and Prime Minister Dr. Harini Amarasuriya.

The occasion was attended by the secretary to the Prime Minister Pradeep Saputhanthri, Minister of Buddhasasana, Religious and Cultural Affairs Dr. Hiniduma Sunil Senevi, and representatives of the Board of Directors of the Bandaranaike Memorial National Foundation.

[Prime Minister’s Media Division]

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Level III landslide warnings issued to the Districts of Kandy, Kegalle, Kurunegala and Matale extended

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The Level III RED landslide early warnings issued to the Districts of Kandy, Kegalle, Kurunegala and Matale by the Landslide Early Warning Center of the National Building Research Organisation [NBRO] have been extended until 1600hrs tomorrow [10th December 2025].

Accordingly,
The LEVEL III RED landslide early warnings issued to the Divisional Secretaries Division and surrounding areas of Panvila, Udapalatha, Minipe, Poojapitiya, Gangawata Korale, Thumpane, Doluwa, Pathadumbara, Ganga Ihala Korale, Harispattuwa, Akurana, Ududumbara, Pathahewaheta, Hatharaliyadda, Yatinuwara, Deltota, Medadumbara, Udunuwara, Kundasale and Pasbage Korale in the Kandy district, Yatiyanthota, Rambukkana, Aranayaka, Warakapola, Galigamuwa, Mawanella and Bulathkohupitiya in the Kegalle district, Mallawapitiya, Rideegama and Mawathagama in the Kurunegala district, and Ukuwela, Pallepola, Rattota, Matale, Laggala Pallegama, Yatawatta, Naula, Ambanganga Korale and Wilgamuwa  in the Matale district have been extended.

LEVEL II AMBER landslide early warnings  issued to the Divisional Secretaries Division and surrounding areas of Uva Paranagama, Hali_Ela, Meegahakivula, Badulla, Kandeketiya, Bandarawela, Soranathota, Ella, Haputhale, Lunugala, Welimada, Haldummulla and Passara in the Badulla district, Ruwanwella, Dehiowita, Kegalle and Deraniyagala in the Kegalle district, Alawwa and Polgahawela in the Kurunegala district and Nuwara Eliya, Nildandahinna, Thalawakele, Kothmale West, Mathurata, Ambagamuwa Korale, Hanguranketha, Walapane, Kothmale East and Norwood in the Nuwara Eliya district, and Kahawaththa, Kolonna and Godakawela  in the Ratnapura district have also been extended.

LEVEL I YELLOW landslide early warnings issued to the Divisional Secretaries Divisions and surrounding areas of Mirigama, Divulapitiya and Attanagalla in the Gampaha district, Narammala in the Kurunegala district, and Kiriella, Balangoda, Kuruwita, Openayake, Nivithigala, Kaltota, Pelmadulla, Kalawana, Eheliyagoda, Elapatha, Ayagama, Imbulpe and Ratnapura in the Ratnapura district.

 

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