Sri Lanka

We expect President Mahinda Rajapaksa to remain unfazed by Western concerns about his human rights record. Indeed, with China and India committing investment funds, Rajapaksa has grown... 2010-07-08

We believe the suspension of preferential trade tariffs by the European Union underlines the growing risks to Sri Lanka's balance of payments position. With domestic demand roaring... 2010-07-07

We maintain our forecast that the Central Bank of Sri Lanka (CBSL) will begin its tightening cycle in Q410 as credit conditions turn increasingly inflationary. We are forecasting the... 2010-06-16

We still expect the Central Bank of Sri Lanka to begin hiking rates by the end of the year, in spite of consumer price inflation falling to a six-month low of 5.3% y-o-y in May. With... 2010-06-03

Unexpectedly strong import growth in the first two months of the year has prompted us to revise our balance of payments forecast. We now expect a trade deficit of US$5.0bn as compared... 2010-05-19

We expect the Central Bank of Sri Lanka to maintain its accommodative policy in 2010 as private sector credit growth has yet to post a convincing recovery. However, with inflation... 2010-04-07

We maintain our 5.4% real GDP growth forecast for 2010 in spite of the somewhat stronger-than-expected 6.2% y-o-y GDP expansion recorded in Q409. This is largely due to our expectations... 2010-03-31