Sri Lanka Development Update, February 2019
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World Bank, Washington, DC
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Sri Lanka is facing a challenging macroeconomic landscape. The post-conflict high growth
momentum has decelerated. A volatile global environment and structurally weak
competitiveness continue to weaken growth and external sector performance. High interest
costs mask limited fiscal improvement. While outlook remains stable conditional on
political stability and reform implementation, the balance of risks is downward tilted. The
country is vulnerable to global financial market conditions due to large refinancing
requirements. Although some important reforms were carried out, the process has slowed
down due to a challenging political environment.
Palabras clave
ECONOMIC GROWTH, ECONOMIC OUTLOOK, FISCAL TRENDS, MONETARY POLICY, POVERTY REDUCTION, DEVELOPMENT CHALLENGES, RISKS, FEMALE LABOR FORCE PARTICIPATION, DEMOGRAPHICS, DEMOGRAPHIC TRENDS, JOB CREATION, EMPLOYMENT, HUMAN CAPITAL, AGING, LABOR MARKET, DEBT BURDEN