Sri Lanka : Staff Report for the 2002 Article IV Consultation and Final Review Under the Stand-By Arrangement

Author/Editor:

International Monetary Fund

Publication Date:

September 13, 2002

Electronic Access:

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Summary:

This paper assesses Sri Lanka’s 2002 Article IV Consultation and Final Review Under the Stand-By Arrangement (SBA). Performance under the SBA has been satisfactory, although there are pressures on the budget. All the quantitative performance criteria for end-April 2002 were met and the structural benchmarks completed, albeit with a small delay. Fiscal revenue performance was reasonable in the first half of the year, and the new value-added tax was introduced (after some delay) from August. The authorities have also taken several important steps on their structural reform agenda.

Series:

Country Report No. 02/199

Subject:

English

Publication Date:

September 13, 2002

ISBN/ISSN:

9781451823509/1934-7685

Stock No:

1LKAEA0032002

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

65

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