Sri Lanka : Background Papers

Author/Editor:

International Monetary Fund

Publication Date:

July 20, 1995

Summary:

This Background Paper on Sri Lanka provides information on the economic developments during 1992–95. Developments in the domestic and external sectors are discussed. The deficiencies of the official consumer price index that resulted in a substantial understatement of inflation performance in 1994 and alternative estimates of underlying inflation are described. The structural rigidities in the labor market that perpetuate high unemployment and limit job growth are also described. The paper also examines fiscal sustainability, which emerged as the key medium-term policy objective.

Series:

Country Report No. 95/60

Subject(s):

Notes:

This report on background information on Sri Lanka was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.

English

Publication Date:

July 20, 1995

ISBN/ISSN:

9781451823356/1934-7685

Stock No:

1LKAEA0011995

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

95

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