Sri Lanka: Staff Report for the 2005 Article IV Consultation

September 13, 2005

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Sri Lanka: Staff Report for the 2005 Article IV Consultation, (USA: International Monetary Fund, 2005) accessed November 22, 2024

Summary

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.

Subject: Budget planning and preparation, Environment, Expenditure, Monetary base, Money, Natural disasters, Public debt, Public financial management (PFM)

Keywords: Apparel sector, Budget planning and preparation, Colombo CPI, CR, Equity price, Global, ISCR, Monetary base, Monetary policy, Natural disasters, Price, Sri Lanka CPI, Staff revenue projection

Publication Details

Pages:

73
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/335
Stock No:

1LKAEA2005004
ISBN:

9781451823561
ISSN:

1934-7685

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