šŸ“ˆ Sri Lanka Poverty Threshold Hits Record High

Source

The national poverty line has reached a record Rs. 17,117 per person per month in April 2026, driven by rising inflation. • Poverty Threshold: Increased by Rs. 427 (+2.6%) month-on-month and Rs. 775 (+4.7%) year-on-year. • Economic Context: The rise reflects higher values in the National Consumer Price Index (NCPI), impacted by global supply shocks. • Safety Nets: The IMF stresses the need for stronger social protection. The government has increased Aswesuma allocations by Rs. 8.5 Bn to support vulnerable households facing elevated food and energy costs. • Policy Outlook: Authorities are currently recertifying beneficiaries and plan to extend the Aswesuma program for three years beyond June 2027 to ensure sustained support for low-income groups. Data based on the latest report from the Department of Census and Statistics.

Listen to this article

Duration: 1:06