Sri Lanka: Use of Fund Resources—Request for Emergency Assistance
IMF Staff Country Reports, March 8, 2005
Source details
- Canonical URL
- Sri Lanka: Use of Fund Resources—Request for Emergency Assistance
Other formats
Bibliographic details
- Published: March 8, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451823547.002
Request details
- The Sri Lankan authorities requested a purchase in an amount of SDR 103.35 million under the IMF’s policy for emergency assistance related to natural disasters.
- In line with IMF policy for Poverty Reduction and Growth Facility (PRGF)-eligible countries, they also requested the provision of subsidies to reduce the rate of charge to concessional terms.
- Date of publication: March 8, 2005.
Purpose and expected impact
- Reconstruction and rehabilitation will support growth momentum in 2005.
- The request is framed as emergency assistance specifically related to natural disasters and linked to reconstruction efforts.
Policy context and instruments
- Instrument: IMF policy for emergency assistance related to natural disasters.
- Concessional support: Subsidies requested under PRGF rules to lower the rate of charge to concessional terms for PRGF-eligible countries.
Subjects and keywords (as listed)
- Subjects: Central banks, Emergency assistance, Foreign aid, Imports, International reserves, International trade, Monetary base, Money, Revenue administration.
- Keywords: Central Asia, CR, debt payment, Emergency assistance, G-7, Global, government, impact of the tsunami, Imports, International reserves, ISCR, Monetary base, reconstruction effort, Sri Lankan authorities, tourism sector.