Sri Lanka: Staff Report for the 2002 Article IV Consultation and Final Review Under the Stand-By Arrangement
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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. 2002/199
Subject:
Banking Budget planning and preparation Commercial banks Economic sectors Financial institutions Monetary base Money Public debt Public financial management (PFM) Public sector
English
Publication Date:
September 13, 2002
ISBN/ISSN:
9781451823509/1934-7685
Stock No:
1LKAEA0032002
Pages:
65
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