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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.

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04 Jul 2023
Hi Pabodha, could you please also include your email address so we may include you in the monthly newsletter?
Public Finance
13 Jul 2023
CBSL, unlike IMF, is very patriotic. It lives on wishful thinking representing Sri Lankan trait. This is why the Government decided to make CBSL independent not accountable. I wonder as usual CBSL got mixed up between plus-minus.
Chandra Maliyadde
11 Aug 2023
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