නිදහස් හා විවෘත ප්රවේශය
රාජ්ය මූල්ය දත්ත හා විශ්ලේෂණයන් සඳහා
The IMF warns that Sri Lanka faces high domestic financing needs in 2024, projected at 5.8% of GDP due to a large fiscal deficit and limited external financing options.
The International Monetary Fund (IMF) has highlighted concerns over Sri Lanka's high domestic financing needs for 2024, driven by a significant fiscal deficit and limited external financing options. Projected at 5.8% of GDP, these needs are expected to be met primarily through market borrowing and funds from superannuation schemes, as monetary financing is restricted. While banks and pension funds are likely to absorb most of the government's debt issuances, there is a risk of crowding out private credit, potentially hampering economic growth. The IMF recommends reducing market borrowing by using cash reserves accumulated in 2023, foreseeing a decline in domestic financing needs beyond 2024 amid falling interest rates and improved fiscal management. However, the reliance on short-term debt could elevate sovereign risk premiums, posing challenges to long-term economic stability.
