Amounts treated
$75 million
Categories of debt treated
Treatment of arrears as of April 30, 1998
Repayment profile
Treatment under Naples terms (cancellation rate of 50%)
- repayment of non ODA credits over 23 years, with 6 years of grace, after cancellation to a rate of 50%
- repayment of ODA credits over 40 years
Specific provisions
De minimis threshold of 150 000 SDR
Payment of non-consolidated amounts before October 01, 1998
Comparability of treatment provision
yes
Cut-off date
September 30, 1993
Organisation of the session
Have attended:
Participating creditors
Observers
- AUSTRALIA, AUSTRIA, BELGIUM, CANADA, DENMARK, FINLAND, FRANCE, GERMANY, JAPAN, NETHERLANDS, NORWAY, SPAIN, SWEDEN, SWITZERLAND, UNITED KINGDOM, UNITED STATES OF AMERICA