Sri Lanka: Staff Report for the 2005 Article IV Consultation
Electronic Access:
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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.
Series:
Country Report No. 2005/335
Subject:
Budget planning and preparation Environment Expenditure Monetary base Money Natural disasters Public debt Public financial management (PFM)
English
Publication Date:
September 13, 2005
ISBN/ISSN:
9781451823561/1934-7685
Stock No:
1LKAEA2005004
Pages:
73
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