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Debt treatment -
May 10, 2005

Total external debt of the country

$11 700 million as of December 31, 2003, representing 64,1% of GDP (IMF report dated September 13, 2005)

$6 235 million of which being due to Paris Club as of January 01, 2005

Amounts treated

Categories of debt treated

100% of the amounts of principal and interest due from 01/01/2005 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 01/01/2005, shall be deferred

Repayment profile

Treatment under Ad Hoc terms

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.

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