Sri Lanka Selected Issues

This Selected Issues paper discusses measures needed for structural transformation in Sri Lanka. The government has ambitious plans to achieve upper middle-income country status in 2025 by transforming Sri Lanka in an Indian Ocean Hub for trade, investment, and services. Stable and transparent regul...

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Bibliographic Details
Corporate Author: International Monetary Fund Asia and Pacific Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2018
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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300 |a 79 pages 
651 4 |a Sri Lanka 
653 |a Social discrimination & equal treatment 
653 |a Credit 
653 |a Women 
653 |a Gender studies; women & girls 
653 |a Finance 
653 |a Fiscal rules 
653 |a Gender inequality 
653 |a Natural Disasters and Their Management 
653 |a Economics of Gender 
653 |a Natural Disasters 
653 |a Environment 
653 |a Non-labor Discrimination 
653 |a Debt Management 
653 |a Climate 
653 |a Monetary Policy, Central Banking, and the Supply of Money and Credit: General 
653 |a Fiscal Policy 
653 |a Debt 
653 |a Fiscal policy 
653 |a Money 
653 |a Gender studies, gender groups 
653 |a Sovereign Debt 
653 |a Sex discrimination 
653 |a Global Warming 
653 |a Gender Studies 
653 |a Macroeconomics 
653 |a Sex role 
653 |a Natural disasters 
653 |a Actuarial Studies 
653 |a Money and Monetary Policy 
653 |a Insurance Companies 
653 |a Insurance 
653 |a Women''s Studies' 
653 |a Gender 
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520 |a This Selected Issues paper discusses measures needed for structural transformation in Sri Lanka. The government has ambitious plans to achieve upper middle-income country status in 2025 by transforming Sri Lanka in an Indian Ocean Hub for trade, investment, and services. Stable and transparent regulatory systems would make Sri Lanka’s business environment more attractive for long-term investment and support trade integration. Reviewing trade barriers and developing a phased and sequenced strategy for gradual removal of restrictions is a first necessary step toward enabling more competitive trade. In this regard, the authorities’ decision to gradually rationalize para-tariffs and set up automated approval systems is a welcome step. Ongoing open consultative processes on reform strategies can also help building public consensus in support of these important objectives