Sri Lanka: Staff Report for the 2006 Article IV Consultation
Electronic Access:
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Summary:
The macroeconomic stability of Sri Lanka is analyzed. Reflecting high domestic inflation relative to trading partners, the real effective exchange rate appreciated by 2 percent. Infrastructure development is a central element of the government’s medium-term development strategy. Further efforts to reduce quasi-fiscal losses of the energy companies through adjustments in electricity tariffs, combined with balance sheet restructuring and enhanced operational efficiency are encouraged. Improvement over the quality and coverage of fiscal statistics and the remaining issues needed to meet the Special Data Dissemination Standard (SDDS) requirements are encouraged.
Series:
Country Report No. 2006/446
Subject:
Banking Credit Exports Financial institutions Fiscal consolidation International trade Money Public debt Revenue administration State-owned banks
English
Publication Date:
December 21, 2006
ISBN/ISSN:
9781451942965/1934-7685
Stock No:
1LKAEA2006001
Pages:
68
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