Arab Today, arab today imf revises sri lanka\s 2013 growth forecast to 65
Last Updated : GMT 05:43:19
Arab Today, arab today
Arab Today, arab today

IMF revises Sri Lanka\'s 2013 growth forecast to 6.5%

Arab Today, arab today

Arab Today, arab today IMF revises Sri Lanka\'s 2013 growth forecast to 6.5%

Colombo - QNA

The International Monetary Fund (IMF) has revised Sri Lanka\'s 2013 growth forecast to 6.5% following a panel visit to the island for Post-Programme Monitoring talks. Todd Schneider who led the staff mission to Colombo from September 17 to 25, said, \"GDP growth accelerated to 6.8% in the second quarter of 2013. However, given moderate credit growth, flat budget revenues, and relatively low growth in non-oil imports, it is not yet clear whether the acceleration in economic growth will continue into the second half of the year. \"The mission now forecasts growth of 6.5% in 2013. The current account deficit narrowed in the first half of 2013, and the balance of payments surplus should widen this year. Non-performing loans have risen somewhat, but the financial system remains relatively strong.\" Given the possible tapering of exceptional monetary stimulus by the U.S. Federal Reserve in the months ahead, emerging and frontier markets are likely to face a period of slowdown or even reversal of capital inflows. While the rupee has been relatively resilient so far, the balance of external risks for Sri Lanka has shifted to the downside, he added. This staff visit, part of enhanced surveillance is routine practice for countries which have had \"exceptional access\" to IMF resources, as is the case for Sri Lanka, which last year successfully completed a US$2.6 Billion IMF program, the IMF said.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today imf revises sri lanka\s 2013 growth forecast to 65 Arab Today, arab today imf revises sri lanka\s 2013 growth forecast to 65

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
Arab Today, arab today Former head of Egypt’s syndicate submits appeal

GMT 20:11 2017 Saturday ,25 March

Former head of Egypt’s syndicate submits appeal
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Haifa Wahby bets on her new drama show

GMT 06:04 2017 Thursday ,23 March

Haifa Wahby bets on her new drama show
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 07:03 2017 Wednesday ,22 March

Merna Waleed praises her work with Soad Hosni

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 15:06 2017 Saturday ,25 March

Dialysis Supplies Dwindle for Syrians

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday