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Sri Lanka : Fifth Review Under the Extended Arrangement Under the Extended Fund Facility, Request for Waivers of Nonobservance of Performance Criteria, Extension of the Arrangement and Rephasing of Purchases
Press Release; Staff Report and Statement by the Executive Director for Sri Lanka

Series:Country Report No. 19/135
ISBN 9781498315159
Code: #1LKAEA2019001

Publication year: 2019

Cdn: $25.00; US: $18.00
Paperback
Language: English
124 pages
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Recent developments and outlook. Higher fuel prices and global financial volatility generated strong balance-of-payment pressures in 2018, which were exacerbated by a political crisis late in the year. The Central Bank of Sri Lanka (CBSL) maintained a tight monetary policy stance, intervening in the FX market and allowing for greater exchange rate flexibility in response to rising pressures. Growth slowed to 3.2 percent in 2018, but is expected to recover gradually to 5 percent over the medium-term.
Sri Lanka : Fifth Review Under the Extended Arrangement Under the Extended Fund Facility, Request for Waivers of Nonobservance of Performance Criteria, Extension of the Arrangement and Rephasing of...
Cdn: $25.00; US: $18.00
International Monetary Fund (IMF) BookID: 125119 Added: 2019.6.14