Sri Lanka: Background Papers

July 20, 1995

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Format: Chicago

Sri Lanka: Background Papers, (USA: International Monetary Fund, 1995) accessed November 21, 2024

Summary

This Background Paper on Sri Lanka provides information on the economic developments during 1992–95. Developments in the domestic and external sectors are discussed. The deficiencies of the official consumer price index that resulted in a substantial understatement of inflation performance in 1994 and alternative estimates of underlying inflation are described. The structural rigidities in the labor market that perpetuate high unemployment and limit job growth are also described. The paper also examines fiscal sustainability, which emerged as the key medium-term policy objective.

Subject: Agricultural commodities, Commodities, Duties, Exports, Imports, International trade, Tariffs, Taxes

Keywords: Agricultural commodities, Asia and Pacific, Broad money, Budget deficit, Central bank, Consumer price, CR, Customs duty, Debt ratio, Developing country, Duties, Exchange rate, Exports, Imports, ISCR, Labor market, Market share, Price index, Private sector, Public enterprise, Real interest rate, Tariffs

Publication Details

Pages:

95
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1995/060
Stock No:

1LKAEA0011995
ISBN:

9781451823356
ISSN:

1934-7685

Notes

This report on background information on Sri Lanka was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.

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