The Paris Club is an informal group of official creditors whose role is to find coordinated and sustainable solutions to the payment difficulties experienced by debtor countries. As debtor countries undertake reforms to stabilize and restore their macroeconomic and financial situation, Paris Club creditors provide an appropriate debt treatment. Paris Club creditors provide debt treatments to debtor countries in the form of rescheduling, which is debt relief by postponement or, in the case of concessional rescheduling, reduction in debt service obligations during a defined period (flow treatment) or as of a set date (stock treatment).

The origin of the Paris Club dates back to 1956 when Argentina agreed to meet its public creditors in Paris. Since then, the Paris Club has reached 473 agreements with 100 different debtor countries. Since 1956, the debt treated in the framework of Paris Club agreements amounts to $ 589 billion.

589billion$

Total amount of debt

 

473

Total amount of agreements

 

100

Debtor countries

 

60

Countries in "Classic Terms"

  > Read more  

 

Signed agreements

News

Paris Forum

Communication

Zircon - This is a contributing Drupal Theme
Design by WeebPal.