Sri Lanka : Recent Economic Developments.

This paper reviews economic developments in Sri Lanka during 1995-97. After slowing to 4 percent in 1996, economic growth recovered to 6 1\2 percent in 1997. The slowdown in 1996 had been mainly owing to a severe drought that affected the agricultural sector and disrupted the power supply. The recov...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1998.
Series:IMF Staff Country Reports; Country Report ; No. 1998/118
Online Access:Full text available on IMF
Description
Summary:This paper reviews economic developments in Sri Lanka during 1995-97. After slowing to 4 percent in 1996, economic growth recovered to 6 1\2 percent in 1997. The slowdown in 1996 had been mainly owing to a severe drought that affected the agricultural sector and disrupted the power supply. The recovery in 1997 was strongest in agriculture and manufacturing, supplemented by continued good performance in the services sector, including a rebound in tourism. In addition, significant accomplishments were achieved in economic restructuring, including several successful privatizations and an initial step toward fiscal adjustment.
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Physical Description:1 online resource (120 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students