The Dominican government mission to Washington last week has reported that the letter of intent with the International Monetary Fund (IMF) was revised satisfactorily and that it would be studied by the IMF Directorate on 17 October 2005. Diario Libre reports that the Technical Secretary of the Presidency Temistocles Montas provided details of the process after a meeting with Agustin Carsten, General Deputy Manager of the IMF in Washington. Montas also said that Paris Club officials were receptive to the petition for the restructuring of the due dates of the Dominican external public debt corresponding to 2005 and 2006, which would represent a relief in payments of around US$300 million. This request was made during a meeting of the economic team with commercial and bilateral bond holders and investors.