Sri Lanka: Selected Issues and Statistical Appendix
September 13, 2005
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This Selected Issues paper on Sri Lanka reviews several issues that highlight both Sri Lanka’s accomplishments and their policy constraints amidst a protracted period of civil conflict and political instability. High intermediation costs have held back development of the financial sector and could also frustrate Sri Lanka’s quest for higher growth. The main constraints to achieving higher growth include the civil conflict, political instability, high fiscal deficits and inflation, and underdeveloped financial markets.
Subject: Banking, Commercial banks, Exports, Financial institutions, Income and capital gains taxes, International trade, Revenue administration, Taxes, Value added tax
Keywords: Asia and Pacific, bank, bank profit, Central and Eastern Europe, Commercial banks, CR, East Asia, export, Exports, exports to India, growth performance, Income and capital gains taxes, India, ISCR, NPL problem, revenue, South Asia, Value-added tax, WB business survey, yield
Pages:
86
Volume:
2005
DOI:
Issue:
337
Series:
Country Report No. 2005/337
Stock No:
1LKAEA2005005
ISBN:
9781451972542
ISSN:
1934-7685
