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The Supreme Court of Sri Lanka, Colombo.

The Supreme Court of Sri Lanka, Colombo.

Sri Lanka Resident Representative Site

Resident Representative Office in Sri Lanka

This web page presents information about the work of the IMF in Sri Lanka, including the activities of the IMF Resident Representative Office. Additional information can be found on the Sri Lanka and IMF country page, including IMF reports and Executive Board documents that deal with Sri Lanka.

News — Highlights

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South Asia: Consolidating Gains in the Post-Crisis Era

South Asia Regional Update, November 2014 click for more

IMF Loan Helps Sri Lankan Reconstruction Drive

A loan from the IMF is helping rebuild confidence in Sri Lanka’s economy as it recovers from conflict and paves the way for donor assistance in its reconstruction effort. click for more

Sri Lanka and the IMF

Unraveling the Monetary Policy Transmission Mechanism in Sri Lanka

October 22, 2014
Author/Editor: Manuk Ghazanchyan
Series: Working Paper No. 14/190
 click for more

Statement by the Hon. Sarath Amunugama, Governor of the IMF and the World Bank Group for Sri Lanka

October 10, 2014
PDF File Size: 359Kb click for more

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

September 22, 2014
Series: Country Report No. 14/289 click for more

Sri Lanka: Ex-Post Evaluation of Exceptional Access Under the 2009 Stand-By Arrangement-Staff Report; Press Release; and Statement by the Executive Director for Sri Lanka

September 22, 2014
Series: Country Report No. 14/290 click for more

Sri Lanka: Selected Issues Paper

September 18, 2014
Series: Country Report No. 14/286 click for more

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Regional Economic Outlook: Asia and Pacific

image from the publication cover

Despite a weaker-than-expected first half of the year, the outlook for the Asia and Pacific region remains solid. The ongoing global recovery, while tepid, should support Asia's exports. Meanwhile, favorable financial and labor market conditions, as well as broadly accommodative policies, will continue to underpin domestic demand. GDP is forecast to grow by 5.5 percent for the third consecutive year in 2014, rising slightly to 5.6 percent in 2015. Financial dislocations associated with higher global interest rates, and protracted weak growth in advanced and emerging market economies are the main downside risks to the outlook. A sharper-than-anticipated downturn in China's real estate sector and less-effective-than-envisaged Abenomics in Japan would also adversely affect regional growth prospects. Geopolitical tensions could also disrupt trade and financial flows, with adverse effects on growth. Policymakers in the region should capitalize on the outlook to gradually rebuild policy space and push ahead with structural reforms to deliver sustainable growth. While there is no one-size-fits-all approach, fiscal consolidation should generally continue in a calibrated manner, especially where debt levels are higher, and monetary normalization should proceed particularly where inflation pressures are high or building up. Click for more