Sri Lanka : Staff Report for the 2005 Article IV Consultation

1LKAEA2005004 Image
Price:  $15.00

Release Date: © September, 2005
ISBN : 978-1-45182-356-1
Stock #: 1LKAEA2005004
English
Stock Status: On back-order

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Description

Sri Lanka’s 2005 Article IV Consultation reports that the fiscal deficit exceeded budget targets, and with a significant amount of government financing provided by the central bank, the growth in monetary aggregates increased, contributing to higher inflation. The near-term economic outlook is to a large extent shaped by the post-tsunami reconstruction effort. Reconstruction and a quick rebound in tourism should maintain growth momentum, but demand pressures and fuel price adjustments are expected to keep inflation in double digits.

Taxonomy

Economic policy , Exchange rate policy , Fiscal policy , Foreign exchange , Monetary policy




More publications in this series: IMF Staff Country Reports