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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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Summary of Government Fiscal Operations (1950-2023)
Provides yearly fiscal data on revenue, expenditure, deficits, financing in LKR millions and as a share of GDP. Source: Table 6, Special Statistical Appendix, CBSL Annual Report (Various Years)
Cross Country Comparison of Overall Balance
Provides the overall fiscal balance as a share of GDP for most countries in the world. Source: World Economic Outlook Database, October 2020, IMF
Cross Country Comparison of Primary Balance
Provides the primary balance as a share of GDP for most countries in the world. Source: World Economic Outlook Database, October 2020, IMF
Financing of the Government Net Cash Deficit (Monthly)
Provides monthly breakdown of deficit financing in LKR millions from Jan 2016 to November 2020. The presentation of this data was discontinued after November 2020.
Government Fiscal Operations (Actual and Estimate)
Provides annual approved estimates and actual data on revenue, expenditure, deficits, financing in LKR millions and as a share of GDP. Source: Central Bank Annual Reports Table 6.1
Financing of the government net cash deficit
Provides the methods of financing of the government's net cash deficit decomposed into domestic and foreign financing in LKR millions. Source: Table 101, Statistical Appendix, CBSL Annual Report