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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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Domestic debt rises to $ 60 b
Sri Lanka’s total public debt rose to $103.7 billion in Q3 2024, driven by a $2.4 billion increase in domestic debt and a $716 million rise in external debt, with significant contributions from Treasury bonds, int...
2024-12-04
The Morning
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Domestic debt rises to $ 60 b
Sri Lanka’s total public debt rose to $103.7 billion in Q3 2024, driven by a $2.4 billion increase in domestic debt and a $716 million rise in external debt, with significant contributions from Treasury bonds, int...
2024-12-04
The Morning
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SL will soon need to cut down number of state sector employees: Senior presidential advisor
Sri Lanka plans to downsize its public sector workforce from 1.3 million to 750,000 employees due to fiscal constraints, aiming to enhance efficiency through rationalisation, competitive salaries, and digitalisation whi...
2024-12-03
Daily Mirror
மேலும் வாசிக்க
Slower increase in excise duty expected
Sri Lanka's excise duties, which rose by 64% in the 12 months through January 2024, are expected to increase more gradually in line with inflation, though higher-than-expected hikes could still impact sales volumes,...
2024-12-02
Daily Mirror
மேலும் வாசிக்க
Sri Lanka to defer imputed rental tax: report
Sri Lanka has deferred the controversial imputed housing tax, focusing instead on targeted subsidies for vulnerable groups to meet IMF revenue targets, while concerns persist over the country's reliance on revenue-b...
2024-12-01
Economy Next
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