Cablegate: Sri Lanka: Response to Legislative Restrictions For

VZCZCXYZ0010
RR RUEHWEB

DE RUEHLM #1144 3521136
ZNR UUUUU ZZH
R 171136Z DEC 08
FM AMEMBASSY COLOMBO
TO SECSTATE WASHDC 9067

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.
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