Sri Lanka: Staff Report for the 2006 Article IV Consultation
IMF Staff Country Reports, December 21, 2006
Source details
- Canonical URL
- Sri Lanka: Staff Report for the 2006 Article IV Consultation
Other formats
Bibliographic details
- Published: December 21, 2006
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451942965.002
Major findings
- 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.
Policy recommendations and measures encouraged
- Further efforts to reduce quasi-fiscal losses of the energy companies through adjustments in electricity tariffs.
- Balance sheet restructuring of energy companies.
- Enhanced operational efficiency of energy companies.
Data and statistical recommendations
- Improvement over the quality and coverage of fiscal statistics is encouraged.
- Remaining issues needed to meet the Special Data Dissemination Standard (SDDS) requirements are encouraged to be addressed.
Subject focus and keywords (as listed)
- Subjects: Banking, Credit, Exports, Financial institutions, Fiscal consolidation, International trade, Money, Public debt, Revenue administration, State-owned banks
- Keywords: CR, Credit, credit growth, Exports, Global, government, government securities market, ISCR, money growth, Sri Lankan authorities, Sri Lankan government, State-owned banks
Document facts
- Publication date: December 21, 2006
- Pages: 68
Sri Lanka: Staff Report for the 2006 Article IV Consultation — December 21, 2006