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Angola benefits from the debt service suspension initiative (DSSI)

 

In application of the term sheet of the Debt service suspension Initiative (DSSI) also endorsed by the G20, the Paris Club recognized that the Republic of Angola is eligible to benefit from the initiative. Therefore, the representatives of the Paris Club Creditor Countries have accepted to provide to the Republic of Angola a time-bound suspension of debt service due from 1st May to 31st December 2020.

The Government of the Republic of Angola is committed to devote the resources freed by this initiative to increase spending in order to mitigate the health, economic and social impact of the COVID19-crisis. The Government of the Republic of Angola is also committed to seek from all its other bilateral official creditors a debt service treatment that is in line with the agreed term sheet.

This initiative will also contribute to help the Republic of Angola to improve debt transparency and debt management.

Paris Club creditors will continue to closely coordinate with other stakeholders in the implementation phase of this initiative, in particular when considering a possible extension of the suspension period.

 

Background notes

1. The Paris Club was formed in 1956. It is an informal group of official creditors whose role is to find coordinated and sustainable solutions to the payment difficulties experienced by borrower countries.

2. The members of the Paris Club which participate in the reorganization of the Republic of Angola’s debt are the governments of Belgium, Canada, France, Italy, Japan, the Netherlands, the Republic of Korea, Spain, the United Kingdom and the United States of America

Observers to the agreement are representatives of the governments of Australia, Austria, Brazil, Denmark, Finland, Germany, Ireland, Israel, Norway, the Russian Federation, Sweden and Switzerland.

 

Credit AdobeStock©Miguel Almeida

 

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News Type: 

Press release

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Angola DSSI

Event date: 

Monday, 31 August, 2020 - 18:15

Samoa benefits from the debt service suspension initiative (DSSI)

In application of the term sheet of the Debt service suspension Initiative (DSSI) also endorsed by the G20, the Paris Club recognized that the Independent State of Samoa is eligible to benefit from the initiative. Therefore, the representatives of the Paris Club Creditor Countries have accepted to provide to the Independent State of Samoa a time-bound suspension of debt service due from 1st May to 31st December 2020.

The Government of the Independent State of Samoa is committed to devote the resources freed by this initiative to increase spending in order to mitigate the health, economic and social impact of the COVID19-crisis. The Government of the Independent State of Samoa is also committed to seek from all its other bilateral official creditors a debt service treatment that is in line with the agreed term sheet.

This initiative will also contribute to help the Independent State of Samoa to improve debt transparency and debt management.

Paris Club creditors will continue to closely coordinate with other stakeholders in the implementation phase of this initiative, in particular when considering a possible extension of the suspension period.

 

Background notes

1. The Paris Club was formed in 1956. It is an informal group of official creditors whose role is to find coordinated and sustainable solutions to the payment difficulties experienced by borrower countries.

2. The members of the Paris Club which participate in the reorganization of the Independent State of Samoa’s debt are the governments of Japan.

Observers to the agreement are representatives of the governments of Australia, Austria, Belgium, Brazil, Canada, Denmark, Finland, France, Germany, Ireland, Israel, Italy, the Netherlands, Norway, the Republic of Korea, the Russian Federation, Spain, Sweden, Switzerland, the United Kingdom and the United States of America.

English

News Type: 

Press release

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Event date: 

Thursday, 27 August, 2020 - 19:00 to 19:15

Papua New Guinea benefits from the debt service suspension initiative

 

In application of the term sheet of the Debt service suspension Initiative (DSSI) also endorsed by the G20, the Paris Club recognized that Papua New Guinea is eligible to benefit from the initiative. Therefore, the representatives of the Paris Club Creditor Countries have accepted to provide to Papua New Guinea a time-bound suspension of debt service due from 1st May to 31st December 2020.

The Government of Papua New Guinea is committed to devote the resources freed by this initiative to increase spending in order to mitigate the health, economic and social impact of the COVID19-crisis. The Government of Papua New Guinea is also committed to seek from all its other bilateral official creditors a debt service treatment that is in line with the agreed term sheet.

This initiative will also contribute to help Papua New Guinea to improve debt transparency and debt management.

Paris Club creditors will continue to closely coordinate with other stakeholders in the implementation phase of this initiative, in particular when considering a possible extension of the suspension period.

 

Background notes

1. The Paris Club was formed in 1956. It is an informal group of official creditors whose role is to find coordinated and sustainable solutions to the payment difficulties experienced by borrower countries.

2. The members of the Paris Club which participate in the reorganization of Papua New Guinea’s debt are the governments of Australia, Germany and Japan.

Observers to the agreement are representatives of the governments of Austria, Belgium, Brazil, Canada, Denmark, Finland, France, Ireland, Israel, Italy, the Netherlands, Norway, the Republic of Korea, the Russian Federation, Spain, Sweden, Switzerland, the United Kingdom and the United States of America.

 

Credit AdobeStock©Bart

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News Type: 

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The Papua New Guinea benefits from the debt service suspension initiative

Event date: 

Thursday, 20 August, 2020 - 11:15

Sierra Leone benefits from the debt service suspension initiative

 

In application of the term sheet of the Debt service suspension Initiative (DSSI) also endorsed by the G20, the Paris Club recognized that the Republic of Sierra Leone is eligible to benefit from the initiative. Therefore, the representatives of the Paris Club Creditor Countries have accepted to provide to the Republic of Sierra Leone a time-bound suspension of debt service due from 1st May to 31st December 2020.

The Government of the Republic of Sierra Leone is committed to devote the resources freed by this initiative to increase spending in order to mitigate the health, economic and social impact of the COVID19-crisis. The Government of the Republic of Sierra Leone is also committed to seek from all its other bilateral official creditors a debt service treatment that is in line with the agreed term sheet.

This initiative will also contribute to help the Republic of Sierra Leone to improve debt transparency and debt management.

Paris Club creditors will continue to closely coordinate with other stakeholders in the implementation phase of this initiative, in particular when considering a possible extension of the suspension period.

 

Background notes

1. The Paris Club was formed in 1956. It is an informal group of official creditors whose role is to find coordinated and sustainable solutions to the payment difficulties experienced by borrower countries.

2. The member of the Paris Club which participates in the reorganization of the Republic of Sierra Leone’s debt is the government of the Republic of Korea.

Observers to the agreement are representatives of the governments of Australia, Austria, Belgium, Brazil, Canada, Denmark, Finland, France, Germany, Ireland, Israel, Italy, Japan, the Netherlands, Norway, Spain, Sweden, Switzerland, the Russian Federation, the United Kingdom and the United States of America.

 

Credit AdobeStock©robertonencini

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News Type: 

Press release

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Sierra Leone benefits from the debt service suspension initiative

Event date: 

Friday, 14 August, 2020 - 14:15

Sao Tome and Principe benefits from the debt service suspension initiative

 

In application of the term sheet of the Debt service suspension Initiative (DSSI) also endorsed by the G20, the Paris Club recognized that the Democratic Republic of Sao Tome and Principe is eligible to benefit from the initiative. Therefore, the representatives of the Paris Club Creditor Countries have accepted to provide to the Democratic Republic of Sao Tome and Principe a time-bound suspension of debt service due from 1st May to 31st December 2020.

The Government of the Democratic Republic of Sao Tome and Principe is committed to devote the resources freed by this initiative to increase spending in order to mitigate the health, economic and social impact of the COVID19-crisis. The Government of the Democratic Republic of Sao Tome and Principe is also committed to seek from all its other bilateral official creditors a debt service treatment that is in line with the agreed term sheet.

This initiative will also contribute to help the Democratic Republic of Sao Tome and Principe to improve debt transparency and debt management.

Paris Club creditors will continue to closely coordinate with other stakeholders in the implementation phase of this initiative, in particular when considering a possible extension of the suspension period.

 

Background notes

1. The Paris Club was formed in 1956. It is an informal group of official creditors whose role is to find coordinated and sustainable solutions to the payment difficulties experienced by borrower countries.

2. The members of the Paris Club which participate in the reorganization of the Democratic Republic of Sao Tome and Principe’s debt are the governments of Belgium and Brazil. Portugal participates also in the reorganization of the debt of the borrower country.

Observers to the agreement are representatives of the governments of Australia, Austria, Canada, Denmark, Finland, France, Germany, Ireland, Israel, Italy, Japan, the Netherlands, Norway, the Republic of Korea, the Russian Federation, Spain, Sweden, Switzerland, the United Kingdom and the United States of America.

 

Credit AdobeStock©silvapinto

English

News Type: 

Press release

Slideshow image: 

Sao Tome and Principe benefits from the debt service suspension initiative

Event date: 

Wednesday, 12 August, 2020 - 11:15

Cabo Verde benefits from the debt service suspension initiative

 

In application of the term sheet of the Debt service suspension Initiative (DSSI) also endorsed by the G20, the Paris Club recognized that the Republic of Cabo Verde is eligible to benefit from the initiative. Therefore, the representatives of the Paris Club Creditor Countries have accepted to provide to the Republic of Cabo Verde a time-bound suspension of debt service due from 1st May to 31st December 2020.

The Government of the Republic of Cabo Verde is committed to devote the resources freed by this initiative to increase spending in order to mitigate the health, economic and social impact of the COVID19-crisis. The Government of the Republic of Cabo Verde is also committed to seek from all its other bilateral official creditors a debt service treatment that is in line with the agreed term sheet.

This initiative will also contribute to help the Republic of Cabo Verde to improve debt transparency and debt management.

Paris Club creditors will continue to closely coordinate with other stakeholders in the implementation phase of this initiative, in particular when considering a possible extension of the suspension period.

 

Background notes

1. The Paris Club was formed in 1956. It is an informal group of official creditors whose role is to find coordinated and sustainable solutions to the payment difficulties experienced by borrower countries.

2. The members of the Paris Club which participate in the reorganization of the Republic of Cabo Verde’s debt are the governments of Belgium, France, Japan, the Russian Federation and Spain. Portugal participates also in the reorganization of the debt of the borrower country.

Observers to the agreement are representatives of the governments of Australia, Austria, Brazil, Canada, Denmark, Finland, Germany, Ireland, Israel, Italy, the Netherlands, Norway, the Republic of Korea, Sweden, Switzerland, the United Kingdom and the United States of America.

 

Credit AdobeStock©Georgios Karkavitsas

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News Type: 

Press release

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Le Cap-Vert bénéficie de l’initiative de suspension du service de la dette

Event date: 

Wednesday, 12 August, 2020 - 11:00

Zambia benefits from the debt service suspension initiative

 

In application of the term sheet of the Debt service suspension Initiative (DSSI) also endorsed by the G20, the Paris Club recognized that the Republic of Zambia is eligible to benefit from the initiative. Therefore, the representatives of the Paris Club Creditor Countries have accepted to provide to the Republic of Zambia a time-bound suspension of debt service due from 1st May to 31st December 2020.

The Government of the Republic of Zambia is committed to devote the resources freed by this initiative to increase spending in order to mitigate the health, economic and social impact of the COVID19-crisis. The Government of the Republic of Zambia is also committed to seek from all its other bilateral official creditors a debt service treatment that is in line with the agreed term sheet.

This initiative will also contribute to help the Republic of Zambia to improve debt transparency and debt management.

Paris Club creditors will continue to closely coordinate with other stakeholders in the implementation phase of this initiative, in particular when considering a possible extension of the suspension period.

 

Background notes

1. The Paris Club was formed in 1956. It is an informal group of official creditors whose role is to find coordinated and sustainable solutions to the payment difficulties experienced by borrower countries.

2. The members of the Paris Club which participate in the reorganization of the Republic of Zambia’s debt are the governments of Belgium, France, Japan and the United Kingdom.

Observers to the agreement are representatives of the governments of Australia, Austria, Brazil, Canada, Denmark, Finland, Germany, Ireland, Israel, Italy, the Netherlands, Norway, the Republic of Korea, the Russian Federation, Spain, Sweden, Switzerland and the United States of America.

 

Credit AdobeStock©Jaynes GalleryDanita Delimont

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News Type: 

Press release

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Zambia benefits from the debt service suspension initiative

Event date: 

Monday, 10 August, 2020 - 18:45

Djibouti benefits from the debt service suspension initiative

 

In application of the term sheet of the Debt service suspension Initiative (DSSI) also endorsed by the G20, the Paris Club recognized that the Republic of Djibouti is eligible to benefit from the initiative. Therefore, the representatives of the Paris Club Creditor Countries have accepted to provide to the Republic of Djibouti a time-bound suspension of debt service due from 1st May to 31st December 2020.

The Government of the Republic of Djibouti is committed to devote the resources freed by this initiative to increase spending in order to mitigate the health, economic and social impact of the COVID19-crisis. The Government of the Republic of Djibouti is also committed to seek from all its other bilateral official creditors a debt service treatment that is in line with the agreed term sheet.

This initiative will also contribute to help the Republic of Djibouti to improve debt transparency and debt management.

Paris Club creditors will continue to closely coordinate with other stakeholders in the implementation phase of this initiative, in particular when considering a possible extension of the suspension period.

 

Background notes

1. The Paris Club was formed in 1956. It is an informal group of official creditors whose role is to find coordinated and sustainable solutions to the payment difficulties experienced by borrower countries.

2. The members of the Paris Club which participate in the reorganization of the Republic of Djibouti’s debt are the governments of Belgium, France, Italy and Spain.

Observers to the agreement are representatives of the governments of Australia, Austria, Brazil, Canada, Denmark, Finland, Germany, Ireland, Israel, Japan, the Netherlands, Norway, the Republic of Korea, the Russian Federation, Sweden, Switzerland, the United Kingdom and the United States of America.

 

Credit AdobeStock©robnaw

English

News Type: 

Press release

Slideshow image: 

Djibouti benefits from the debt service suspension initiative

Event date: 

Monday, 10 August, 2020 - 15:15

The Democratic Republic of Congo benefits from the Debt Service Suspension Initiative

 

In application of the term sheet of the Debt service suspension Initiative (DSSI) also endorsed by the G20, the Paris Club recognized that the Democratic Republic of Congo is eligible to benefit from the initiative. Therefore, the representatives of the Paris Club Creditor Countries have accepted to provide to the Democratic Republic of Congo a time-bound suspension of debt service due from 1st May to 31st December 2020.

The Government of the Democratic Republic of Congo is committed to devote the resources freed by this initiative to increase spending in order to mitigate the health, economic and social impact of the COVID19-crisis. The Government of the Democratic Republic of Congo is also committed to seek from all its other bilateral official creditors a debt service treatment that is in line with the agreed term sheet.

This initiative will also contribute to help the Democratic Republic of Congo to improve debt transparency and debt management.

Paris Club creditors will continue to closely coordinate with other stakeholders in the implementation phase of this initiative, in particular when considering a possible extension of the suspension period.

 

Background notes

1. The Paris Club was formed in 1956. It is an informal group of official creditors whose role is to find coordinated and sustainable solutions to the payment difficulties experienced by borrower countries.

2. The members of the Paris Club which participate in the reorganization of the Democratic Republic of Congo’s debt are the governments of Brazil, France and the Republic of Korea.

Observers to the agreement are representatives of the governments of Australia, Austria, Belgium, Canada, Denmark, Finland, Germany, Ireland, Israel, Italy, Japan, the Netherlands, Norway, the Russian Federation, Spain, Sweden, Switzerland, the United Kingdom and the United States of America.

 

Credit AdobeStock©Francesca Volpi

English

News Type: 

Press release

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La République démocratique du Congo bénéficie de l’initiative de suspension du service de la dette

Attachments: 

Event date: 

Monday, 27 July, 2020 - 11:00

Senegal benefits from the debt service suspension initiative

 

In application of the term sheet of the Debt service suspension Initiative (DSSI) also endorsed by the G20, the Paris Club recognized that the Republic of Senegal is eligible to benefit from the initiative. Therefore, the representatives of the Paris Club Creditor Countries have accepted to provide to the Republic of Senegal a time-bound suspension of debt service due from 1st May to 31st December 2020.

The Government of the Republic of Senegal is committed to devote the resources freed by this initiative to increase spending in order to mitigate the health, economic and social impact of the COVID19-crisis. The Government of the Republic of Senegal is also committed to seek from all its other bilateral official creditors a debt service treatment that is in line with the agreed term sheet.

This initiative will also contribute to help the Republic of Senegal to improve debt transparency and debt management.

Paris Club creditors will continue to closely coordinate with other stakeholders in the implementation phase of this initiative, in particular when considering a possible extension of the suspension period.

 

Background notes

1. The Paris Club was formed in 1956. It is an informal group of official creditors whose role is to find coordinated and sustainable solutions to the payment difficulties experienced by borrower countries.

2. The members of the Paris Club which participate in the reorganization of the Republic of Senegal’s debt are the governments of Belgium, Brazil, France, Japan, the Republic of Korea and Spain.

Observers to the agreement are representatives of the governments of Australia, Austria, Canada, Denmark, Finland, Germany, Ireland, Israel, Italy, the Netherlands, Norway, the Russian Federation, Sweden, Switzerland, the United Kingdom and the United States of America.

 

Credit AdobeStock©malick

English

News Type: 

Press release

Slideshow image: 

Event date: 

Tuesday, 21 July, 2020 - 19:30

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