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CBSL more Optimistic than the IMF
According to the Annual Report of the Central Bank of Sri Lanka (CBSL) published for the financial year 2022, projected real Gross Domestic Product (GDP) growth was higher than the International Monetary Fund's (IMF) projection. Real GDP refers to all goods and services produced by an economy in one year, that is adjusted for inflation or deflation. The years marked from 2023 to 2027 are estimates 'E' of the real GDP growth rate based off the CBSL and IMF. Over the estimated period between 2023 and 2027, the CBSL projects a 1.9% higher real GDP growth rate than the IMF displayed on the graph below.
Featured Insight
CBSL more Optimistic than the IMF
According to the Annual Report of the Central Bank of Sri Lanka (CBSL) published for the financial year 2022, projected real Gross Domestic Product (GDP) growth was higher than the International Monetary Fund's (IMF) projection. Real GDP refers to all goods and services produced by an economy in one year, that is adjusted for inflation or deflation. The years marked from 2023 to 2027 are estimates 'E' of the real GDP growth rate based off the CBSL and IMF. Over the estimated period between 2023 and 2027, the CBSL projects a 1.9% higher real GDP growth rate than the IMF displayed on the graph below.
Featured Insight
CBSL more Optimistic than the IMF
According to the Annual Report of the Central Bank of Sri Lanka (CBSL) published for the financial year 2022, projected real Gross Domestic Product (GDP) growth was higher than the International Monetary Fund's (IMF) projection. Real GDP refers to all goods and services produced by an economy in one year, that is adjusted for inflation or deflation. The years marked from 2023 to 2027 are estimates 'E' of the real GDP growth rate based off the CBSL and IMF. Over the estimated period between 2023 and 2027, the CBSL projects a 1.9% higher real GDP growth rate than the IMF displayed on the graph below.
Featured Insight
CBSL more Optimistic than the IMF
According to the Annual Report of the Central Bank of Sri Lanka (CBSL) published for the financial year 2022, projected real Gross Domestic Product (GDP) growth was higher than the International Monetary Fund's (IMF) projection. Real GDP refers to all goods and services produced by an economy in one year, that is adjusted for inflation or deflation. The years marked from 2023 to 2027 are estimates 'E' of the real GDP growth rate based off the CBSL and IMF. Over the estimated period between 2023 and 2027, the CBSL projects a 1.9% higher real GDP growth rate than the IMF displayed on the graph below.
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Budget 2021
Budget 2021
Detailed analysis of the 2021 budget.
From The PF Wire
Source:
Daily Mirror
Governement to borrow additional LKR 400 Bn for de...
The Cabinet of Ministers cleared a request to increase the government’s credit limit by further Rs.400 billion to Rs.3.39 trillion for 2021, under Appropriation Act No. 7 of 2020, to meet the pandemic-related additional expenditu...
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Source:
economynext
Sri Lanka budget deficit 4.7-pct of GDP up to June...
Sri Lanka’s budget deficit for the six months to June 2021 was 781 billion rupees, up 6 percent from a year earlier, or 4.7 percent of projected gross domestic product, data shows, though outstanding debt was accelerating at a faster p...
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Insight on Budget 2021
Breakdown of Expenditure by Ministry
Here’s a breakdown of ministerial allocations of government expe...
Budget 2021 Round-up With Expert Comment...
The Public Finance Platform presents an e...
Medium-Term Fiscal Framework, 2020 to 20...
Here’s the breakdown of Ministry of Finance projections as a share of GDP for Total Revenue...
Allocation of Government Expenditure for...
The Appropria...
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Featured
Public Report on the 2022 Budget: Assessment of th...
This report provides an assessment and analysis of the fiscal, financial and economic assumptions and estimates applied in the formulation of the 2022 Budget. This repo...
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IMF Article IV Report – Key Issues and Recommendat...
Under Article IV of the IMF's Articles of Agreement, IMF holds bilateral discussions with its member countries every year. In 2021 IMF held discussions with Sri Lanka officials and the report was completed on Febru...
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Calculating the Loss to the EPF from Proposed DDR
This article was compiled by Dr. Nishan de Mel. Dr. Nishan de Mel is the Executive Director of Verité Research and an economist with extensive acade...
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