Sri Lanka : 2013 Article IV Consultation and Proposal for Post-Program Monitoring

Author/Editor:

International Monetary Fund. Asia and Pacific Dept

Publication Date:

May 16, 2013

Electronic Access:

Free Full text (PDF file size is 1614 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The paper discusses the economic developments and policies in Sri Lanka in recent years. Substantial adjustments in energy prices and operational and financial reforms have helped to improve the performance of state owned enterprises (SOEs) and have reduced the burden on the budget and the banking system. Despite challenging global and domestic market conditions, overall soundness of the financial sector has improved with higher levels of capital, liquidity, and healthy earnings. The Sri Lankan economy is expected to return to a high growth trajectory, though conditional on recovery in external demand.

Series:

Country Report No. 13/120

Subject(s):

English

Publication Date:

May 16, 2013

ISBN/ISSN:

9781484320433/1934-7685

Stock No:

1LKAEA2013001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

66

Please address any questions about this title to publications@imf.org