Sri Lanka Staff Report for the 2002 Article IV Consultation and Final Review Under the Stand-By Arrangement

This paper assesses Sri Lanka’s 2002 Article IV Consultation and Final Review Under the Stand-By Arrangement (SBA). Performance under the SBA has been satisfactory, although there are pressures on the budget. All the quantitative performance criteria for end-April 2002 were met and the structural be...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2002
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper assesses Sri Lanka’s 2002 Article IV Consultation and Final Review Under the Stand-By Arrangement (SBA). Performance under the SBA has been satisfactory, although there are pressures on the budget. All the quantitative performance criteria for end-April 2002 were met and the structural benchmarks completed, albeit with a small delay. Fiscal revenue performance was reasonable in the first half of the year, and the new value-added tax was introduced (after some delay) from August. The authorities have also taken several important steps on their structural reform agenda
Physical Description:65 pages
ISBN:9781451823509