01819cas a2200241 a 4500 AALejournalIMF016845 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484389645 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Asia and Pacific Dept. Sri Lanka : Fourth Post-Program Monitoring Discussion-Press Release; Staff Report; and Statement by the Executive Director for Sri Lanka. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (49 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper discusses recent economic developments, outlook, and policies required to stabilize the economy of Sri Lanka. Recent economic developments reflect a more challenging external environment as well as a sharpening of macro-financial imbalances that began emerging late in 2014. Fiscal consolidation has stalled, and public debt is set to rise in 2015. Monetary policy has been on hold since the last rate cut in April 2015, and there appears little room for additional easing. Quick action is needed to reestablish credible policies and restore confidence. Strong fiscal and monetary policies need to be implemented for sustainable economic growth in Sri Lanka. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/152 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/152/002.2016.issue-152-en.xml IMF e-Library