SRI LANKA: RESPONSE TO LEGISLATIVE RESTRICTIONS FOR

UNCLAS COLOMBO 001144 SENSITIVE SIPDIS STATE FOR EUR-IO/EX/FM E.O. 12958: N/A TAGS: AORC KUNR AFIN CE SUBJECT: SRI LANKA: RESPONSE TO LEGISLATIVE RESTRICTIONS FOR INTEREST ON EXTERNAL BORROWING ON FY 2009 ASSESSED CONTRIBUTIONS TO INTERNATIONAL ORGANIZATIONS AND ASSESSED INVOICING FOR FY 2009 REF: SECSTATE 125510 ¶1. (U) On (December 8 EconOff informed Colombo Plan Secretariat of the legislative restrictions for interest on external borrowing on FY 2009 assessed contributions to international organizations and assessed invoicing for FY 2009, per reftel request. Colombo Plan Secretary General informed post via letter to that the Secretariat does not/not have any interest costs from any external borrowing for FY 2008/2009; all funds for the Secretariat's operations are from membership and program activities fees and are funded solely from voluntary contributions by member countries. The letter included a copy of Colombo Plan's finalized accounts for October 2008. Both documents were scanned and e-mailed to Cheryl Easley per reftel instructions. Colombo Plan POC is Econoff Danae Busa. BLAKE