Sri Lanka: Staff Report for the 2001 Article IV Consultation and Request for Stand-By Arrangement
May 16, 2001
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In concluding the 1999 Article IV Consultation with Sri Lanka on October 13, 1999, Executive Directors had stressed the need to address the longstanding economic problems that are impeding Sri Lanka’s growth. Macroeconomic management and structural reform have been complicated by a difficult political situation. Against this background, the 2001 Article IV Cconsultation discussions have focused on ways to address the serious immediate economic problems and to resume progress toward medium-term fiscal consolidation in the 2001 budget.
Subject: Banking, Commercial banks, Defense spending, Exchange rates, Expenditure, Financial institutions, Foreign exchange, Imports, International trade, Monetary base
Keywords: Asia and Pacific, Commercial banks, consumer price inflation, CR, Defense spending, exchange rate, Exchange rates, financial support, IMF staff estimate, Imports, ISCR, market, market determination, public enterprise restructuring, SDR, U.S. dollar
Pages:
84
Volume:
2001
DOI:
Issue:
071
Series:
Country Report No. 2001/071
Stock No:
1LKAEA0022001
ISBN:
9781451823462
ISSN:
1934-7685
