Sri Lanka: Staff Report for the 2005 Article IV Consultation

Publication Date:

September 13, 2005

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:

English

Publication Date:

September 13, 2005

ISBN/ISSN:

9781451823561/1934-7685

Stock No:

1LKAEA2005004

Pages:

73

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