SRI LANKA
Debt Treatment
-
May 10, 2005
|
Total external debt of the country
|
$11700 million
as of
December 31, 2003
,
representing
64%
of GDP (IMF report dated on September 13th,2005)
$6235 million
of which being due to the Paris Club as of
January 01, 2005
|
|
Amounts treated
|
$227 million
|
|
Categories of debts treated
|
100% of the amounts of principal and interest due from 1/1/2005 up to 31/12/2005 on loans from Governments or appropriate institutions of the Participating Creditor Countries, having an original maturity of more than one year, concluded before January 1, 2005, sall be deferred.
|
|
Specific provisions
|
de minimis threshold of
15 000
SDR
payment of non-consolidated amounts before
September 30, 2005
|
|
Organisation of the session
|
The meeting was chaired by
M. Jean-Pierre Jouyet,
Chairman of the Paris Club
The head of the debtor country's delegation was
Mme Chitranganee Wagiswara,
Ambassador designate of the Republic of Sri Lanka
Participating creditors
AUSTRALIA
,
CANADA
,
DENMARK
,
FRANCE
,
GERMANY
,
ITALY
,
JAPAN
,
KOREA, REPUBLIC OF
,
NETHERLANDS
,
SWITZERLAND
,
UNITED STATES OF AMERICA
Observers
FINLAND
,
SWEDEN
,
IMF
,
World Bank
|
|
