Out of this, the $5b deposits were rolled over every year before the kingdom granted some breathing space by giving up to a three-year extension. The central bank governor did not comment on whether the remaining $3b has been rolled over for three months or for a longer period. The external gross financing requirements are the sums needed to meet the external obligations. For the next fiscal year, the International Monetary Fund has projected $30b in external financing requirements. Ahmad said that out of $21.5b total financing requirements for the current fiscal year, the net debt repayments were $7.5b.