Sri Lanka: Third Post-Program Monitoring Discussion-Staff Report; Press Release; and Statement by the Executive Director for Sri Lanka

December 10, 2015

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Format: Chicago

Sri Lanka: Third Post-Program Monitoring Discussion-Staff Report; Press Release; and Statement by the Executive Director for Sri Lanka, (USA: International Monetary Fund, 2015) accessed November 21, 2024

Summary

This paper focuses on Sri Lanka’s Third Post-Program Monitoring Discussion. Sri Lanka’s recent macroeconomic performance has generally been strong but risks appear to be on the rise. Real GDP growth registered 7.4 percent in 2014. Growth was broad-based, with the exception of agriculture, which suffered from drought early in the year and heavy rains and flooding in the fourth quarter. Price pressures have been contained, with headline and core inflation declining to 2.1 and 1.2 percent, respectively, by end-year. The outlook is broadly stable but set against heightened downside risks.

Subject: Budget planning and preparation, Central banks, Credit, Imports, Inflation, International reserves, Money, Prices, Public financial management (PFM), Revenue administration

Keywords: Budget planning and preparation, Central Asia, Core inflation, CR, Credit, Credit growth, Deficit target, Europe, Global, Government, Growth momentum, Headline inflation, Inflation, Inflation expectation, International reserves, ISCR

Publication Details

Pages:

36
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/335
Stock No:

1LKAEA2015001
ISBN:

9781513500171
ISSN:

1934-7685

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