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Source: Sri Lanka : Recent Economic Developments

Volume/Issue: 1998/118

Series: IMF Staff Country Reports

Author(s): International Monetary Fund


Publication Date: 04 November 1998

ISBN: 9781451823455

Keywords: banking, commercial banks, foreign currency, banking units, capital expenditure, Sri Lanka:,

This paper reviews economic developments in Sri Lanka during 1995-97. After slowing to 4 percent in 1996, economic growth recovered to 61/2 percent in 1997. The slowdown in 1996 had been mainly owing to a severe dr...