European Parliament Library

Sri Lanka :, 2007 Article IV Consultation: Staff Report; Staff Supplements; Public Information Notice on the Executive Board Discussion; and Statement by the Alternate Executive Director for Sri Lanka

Abstract
The staff report for the 2007 Article IV Consultation on Sri Lanka highlights economic growth development and performance. Rising inflation, a high current account deficit, and low unemployment rate indicate that the economy may be operating at full capacity. High stock of public debt, rising near-term debt service needs, and a low level of reserves point to elevated external vulnerabilities. A more determined fiscal consolidation is essential for demand management and debt sustainability. Greater flexibility in the exchange rate is essential to safeguard reserves
Table Of Contents
Cover; Contents; Executive Summary; I. Background; II. Recent Economic Developments; III. Outlook and Risks; IV. Policy Discussions; A. Fiscal Policy; B. Monetary Policy; C. Exchange Rate Policy; D. Debt Policy; E. Financial Sector Policy; V. Staff Appraisal; Figures; 1. Real, Fiscal, and Monetary Sector Developments; 2. Financial and External Sector Developments; Tables; 1. Selected Economic Indicators, 2004-2008; 2. Monetary Accounts, 2005-2008; 3. Summary of Central Government Operations, 2006-2011; 4. Balance of Payments, 2006-2012; 5. Medium-Term Macroeconomic Framework, 2006-2012
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (72 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781452763934

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