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

1LKAEA2007001 Image
Price:  $18.00

Release Date: © December, 2007
ISBN : 978-1-45182-358-5
Stock #: 1LKAEA2007001
English
Stock Status: On back-order

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Description

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.

Taxonomy

Economic policy , Exchange rate policy , Exchange systems , Fiscal policy , Foreign exchange , Inflation , Monetary policy




More publications in this series: IMF Staff Country Reports