Following the cessation of hostilities in May 2009, the Government of Sri Lanka has announced a suitably ambitious macroeconomic vision to capitalize on the peace dividend. Its goals include growing at...
Tourism sector growth continues to be robust in 2011, consolidating the strong rebound in real Gross Domestic Product, or GDP growth in 2010. Real GDP growth is estimated to be 8.3 percent in 2011, down...
The rebound in tourism experienced since August 2009 seems to have been sustained, auguring well for a sizeable recovery this year from the slump of 2009. Despite having posted better-than-expected fiscal...
This economic update is being prepared almost one year after the civil war ended in Sri Lanka and as a sense of buoyancy and optimism overrides the perilous macroeconomic situation of 2009. This update...
Maldives is currently experiencing a severe fiscal and balance-of-payments imbalance. In the absence of any adjustment, the fiscal deficit is expected to reach nearly 33 percent of Gross Domestic Product...
The rapid rise in global food and commodity prices during the first half of 2008 led to a significant worsening of the Sri Lankan terms of trade. Rising international commodity prices also put significant...
Tanzania is well placed to receive a significant increase in aid inflows in coming years. Despite the potential for the additional aid inflows to raise income levels in the country, increasing them may...