Sri Lanka : Staff Report for the 2005 Article IV Consultation

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.
Publication date: September 2005
ISBN: 9781451823561
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debt , budget , interest , central bank , deficit

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