Sri Lanka: Request for Extension of Repurchase Expectations
January 18, 2005
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This paper examines Sri Lanka’s Request for Extension of Repurchase Expectations. The Sri Lankan authorities request an extension of repurchase expectations arising in the remainder of 2005, in the amount of SDR 74,162,500. The extension would have the effect of moving the repurchase expectations to an obligations basis, with each amount falling due exactly one year after the expectation date. The authorities have also expressed their desire to resume discussions on the Poverty Reduction and Growth Facility (PRGF)/EFF-supported program.
Subject: Central banks, Debt service payments, Exports, External debt, External position, Imports, International reserves, International trade
Keywords: Central Asia, CR, Debt service payments, debt service payments to the IMF, EFF arrangement, expectation, Exports, Imports, International reserves, ISCR, payment, repurchase expectation, Sri Lanka government, Sri Lanka's request, Sri Lankan authorities
Pages:
10
Volume:
2005
DOI:
Issue:
016
Series:
Country Report No. 2005/016
Stock No:
1LKAEA2005001
ISBN:
9781451823530
ISSN:
1934-7685
