13. Borrowing purposes

to finance any deficit in the annual Government budget approved by Parliament;

to manage cash flow including to build up and maintain a liquidity buffer at a level or at a range determined by the Minister;

to lend funds to Provincial Councils, local authorities, State owned enterprises and any other entity as may be approved by Parliament;

to honour obligations under called Government guarantees;

to refinance outstanding debt of the Government, including repayment of a loan or credit prior to its maturity date and repurchase of Government debt securities;

to immediately respond to effects of unforeseen circumstances caused by a catastrophic emergency, in cases where the additional expenditure cannot be funded through virement procedures or through an allocation from the annual budget reserve or other similar mechanisms to make in-year adjustments to the annual budget as provided pursuant to relevant legislation for public financial management or through the Contingencies Fund under Article 151 of the Constitution;

to finance any expenditure that may arise under paragraphs (3) and (4) of Article 150 of the

to support the balance of payments of Sri Lanka by replenishing its foreign currency reserves; and

for any other purpose as may be approved by