Sri Lanka: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Use of Fund Resources—Request for an Extended Arrangement—Staff Report; Staff Statement; News Brief on the Executive Board Discussion
Volume/Issue:
Volume 2003
Issue 107
Publication date: April 2003
ISBN: 9781451823486
$20.00
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Business and Economics , Political Science , Banks and Banking , Exports and Imports , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , Public Policy - Social Services and Welfare , Poverty and Homelessness , ISCR , CR , net domestic assets , GDP , broad money , broad money growth , tea export , financing detail , labor market , private sector , Public sector , Global
Summary
This paper examines Sri Lanka’s Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF), and a Request for an Extended Arrangement. In line with the Poverty Reduction Strategy Paper (PRSP) and building on the progress made under the Stand-By Arrangement (SBA), the PRGF-Enhanced Fund Facility (EFF)-supported program aims to accelerate economic growth and reduce poverty. The IMF staff recommends extension to the obligations schedule of SBA repurchase expectations arising during July 2003–June 2004.
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