Sri Lanka: Selected Issues

December 21, 2006

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Sri Lanka: Selected Issues, (USA: International Monetary Fund, 2006) accessed December 22, 2024

Summary

This paper attempts to assess the impact of the oil shock on South Asian economies, including Sri Lanka, as well as policy responses to deal with the shock, and the real income loss for low-income households if fuel subsidies were fully removed. The most important impact has been on the balance of payments followed by the results of poverty and social impact analysis (PSIA) conducted for Sri Lanka. Finally, the paper explores to what extent Sri Lanka’s large receipts of worker remittances serve as a hedge against shocks.

Subject: Balance of payments, Energy subsidies, Expenditure, Inflation, National accounts, Oil prices, Personal income, Prices, Remittances

Keywords: Asia and Pacific, CR, Energy subsidies, GDP, Global, Inflation, ISCR, Nonfuel commodity price, Oil prices, Personal income, Price, Price pass-through, Remittance, Remittance flow, Remittance receipt, Remittances, Rs., South Asia, System database

Publication Details

Pages:

42
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/447
Stock No:

1LKAEA2006002
ISBN:

9781451823578
ISSN:

1934-7685

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