Sri Lanka: Third Post-Program Monitoring Discussion-Staff Report; Press Release; and Statement by the Executive Director for Sri Lanka
IMF Staff Country Reports, December 10, 2015
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- Sri Lanka: Third Post-Program Monitoring Discussion-Staff Report; Press Release; and Statement by the Executive Director for Sri Lanka
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Bibliographic details
- Published: December 10, 2015
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513500171.002
Overview
- Focus: Sri Lanka’s Third Post-Program Monitoring Discussion.
- Publication date on page: December 10, 2015.
- Document type: IMF Staff Country Report.
Macroeconomic performance and growth
- Recent macroeconomic performance described as "generally been strong but risks appear to be on the rise."
- Real GDP growth registered 7.4 percent in 2014.
- Growth characterized as broad-based, with the exception of agriculture.
- Agriculture performance affected by drought early in the year and heavy rains and flooding in the fourth quarter.
Prices and inflation
- Price pressures have been contained.
- Headline inflation declined to 2.1 percent by end-year.
- Core inflation declined to 1.2 percent by end-year.
Outlook and risks
- The outlook is described as "broadly stable but set against heightened downside risks."
Subjects and keywords (as listed)
- Subjects: Budget planning and preparation, Central banks, Credit, Imports, Inflation, International reserves, Money, Prices, Public financial management (PFM), Revenue administration.
- Keywords: Budget planning and preparation, Central Asia, core inflation, CR, Credit, credit growth, deficit target, Europe, Global, government, growth momentum, headline inflation, Inflation, inflation expectation, International reserves, ISCR.
Key statistics (preserved exactly)
- Real GDP growth: 7.4 percent (2014)
- Headline inflation: 2.1 percent (by end-year)
- Core inflation: 1.2 percent (by end-year)
- Pages: 36
- Volume: 2015
- Issue: 335
Source: Sri Lanka: Third Post-Program Monitoring Discussion-Staff Report; Press Release; and Statement by the Executive Director for Sri Lanka (IMF Staff Country Reports), December 10, 2015.