Sri Lanka: Staff Report for the 2001 Article IV Consultation and Request for Stand-By Arrangement

International Monetary Fund

No 2001/071, IMF Staff Country Reports from International Monetary Fund

Abstract: In concluding the 1999 Article IV Consultation with Sri Lanka on October 13, 1999, Executive Directors had stressed the need to address the longstanding economic problems that are impeding Sri Lanka’s growth. Macroeconomic management and structural reform have been complicated by a difficult political situation. Against this background, the 2001 Article IV Cconsultation discussions have focused on ways to address the serious immediate economic problems and to resume progress toward medium-term fiscal consolidation in the 2001 budget.

Keywords: ISCR; CR; financial support; public enterprise restructuring; SDR; market; U.S. dollar; IMF staff estimate; market determination; exchange rate; consumer price inflation; Commercial banks; Exchange rates; Defense spending; Imports; Asia and Pacific (search for similar items in EconPapers)
Pages: 84
Date: 2001-05-16
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