Skip to main contentAccess keys helpA-Z index
BBCSinhala.com
  • Help
  • Text only
Tamil
English
 
Last updated: 25 February, 2010 - Published 16:44 GMT
 
Email to a friend   Printable version
IMF says Lanka doing well
 
Sri Lanka
Sri Lanka
The International Monetary Fund (IMF) says that the overall economic condition in Sri Lanka is improving as expected.

“The economy is poised for a recovery this year. External balances are strong, remittance inflows continue at a high rate, tourism prospects are rapidly improving, and gross reserves remain at comfortable levels” says an IMF mission led by Dr Brian Aitken.

In a statement released to the media on Wednesday, the mission has concluded that the government has met the targets agreed under the program for net international reserves and reserve money.
It predicts that average inflation for the year as a whole would stabilize in the high single digits.

The IMF says that it will remain engaged in a constructive dialogue with the government and an IMF team would visit Colombo, following parliamentary elections and the formation of the new cabinet to discuss with the government its plans for a full-year 2010 budget and tax reforms.

Sri Lankan parliamentary elections are due to be held on the eighth of April.

 
 
LATEST NEWS
 
 
Email to a friend   Printable version
 
 
  About Us | Contact Us | Programmes | Frequencies
 
 
BBC Copyright Logo ^^ Back to top
 
  Sandeshaya | Highlights | Weather
 
  BBC News >> | BBC Sport >> | BBC Weather >> | BBC World Service >> | BBC Languages >>
 
  Help | Contact Us | Privacy statement