Club de Paris

Chad 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 Chad is eligible to benefit from the initiative. Therefore, the representatives of the Paris Club Creditor Countries have accepted to provide to the Republic of Chad a time-bound suspension of debt service due from 1^st May to 31^stDecember 2020.

The Government of the Republic of Chad 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 Chad 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 Chad 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.

As of today, 30 eligible countries have officially requested from the Paris Club to benefit from the implementation of the DSSI. Among these countries, 12 countries have signed a Memorandum of Understanding with the Paris Club. For these 12 countries, the total amount of 2020 maturities thus deferred to date is around USD 1.1 billion, plus the deferment of pre-existing arrears.

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 Chad’s debt are the governments of France and the Russian Federation.

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

Credit AdobeStock©Salma

Language English

News Type:

Press release

Subtitle:

Slideshow image:

Chad benefits from the debt service suspension initiative

Attachments:

20200609_pr_dssi_chad.pdf

Event date:

Tuesday, 9 June, 2020 - 22:45

Pakistan 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 Islamic Republic of Pakistan is eligible to benefit from the initiative. Therefore, the representatives of the Paris Club Creditor Countries have accepted to provide to the Islamic Republic of Pakistan a time-bound suspension of debt service due from 1^st May to 31^st December 2020.

The Government of the Islamic Republic of Pakistan 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 Islamic Republic of Pakistan 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 Islamic Republic of Pakistan 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.

As of today, 30 eligible countries have officially requested from the Paris Club to benefit from the implementation of the DSSI. Among these countries, 12 countries have signed a Memorandum of Understanding with the Paris Club. For these 12 countries, the total amount of 2020 maturities thus deferred to date is around USD 1.1 billion, plus the deferment of pre-existing arrears.

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 Islamic Republic of Pakistan’s debt are the governments of Austria, Belgium, Canada, Finland, France, Germany, Italy, Japan, the Netherlands, Norway, the Republic of Korea, the Russian Federation, Spain, Sweden, Switzerland, the United Kingdom and the United States of America.

Observers to the agreement are representatives of the governments of Australia, Brazil, Denmark, Ireland and Israel.

Credit AdobeStock©SakhanPhotography

Language English

News Type:

Press release

Subtitle:

Slideshow image:

Le Pakistan bénéficie de l’initiative de suspension du service de la dette

Attachments:

2020609_pr_dssi_pakistan.pdf

Event date:

Tuesday, 9 June, 2020 - 22:30

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 Republic of the Congo is eligible to benefit from the initiative. Therefore, the representatives of the Paris Club Creditor Countries have accepted to provide to the Republic of the Congo a time-bound suspension of debt service due from 1^st May to 31^st December 2020.

The Government of the Republic of the 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 Republic of the 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 Republic of the 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.

As of today, 30 eligible countries have officially requested from the Paris Club to benefit from the implementation of the DSSI. Among these countries, 12 countries have signed a Memorandum of Understanding with the Paris Club. For these 12 countries, the total amount of 2020 maturities thus deferred to date is around USD 1.1 billion, plus the deferment of pre-existing arrears.

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 the Congo’s debt are the governments of Belgium, Brazil, France and the Russian Federation.

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

Credit AdobeStock©Claudine

Language English

News Type:

Press release

Subtitle:

Slideshow image:

Congo benefits from the debt service suspension initiative

Attachments:

20200609_pr_dssi_congo.pdf

Event date:

Tuesday, 9 June, 2020 - 19:45

Niger 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 Niger is eligible to benefit from the initiative. Therefore, the representatives of the Paris Club Creditor Countries have accepted to provide to the Republic of Niger a time-bound suspension of debt service due from 1^st May to 31^stDecember 2020.

The Government of the Republic of Niger 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 Niger 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 Niger 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 Niger’s debt is the government of France.

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

Credit AdobeStock©homocosmicos

Language English

News Type:

Press release

Subtitle:

Slideshow image:

Niger benefits from the debt service suspension initiative

Attachments:

20200604_pr_dssi_niger.pdf

Event date:

Thursday, 4 June, 2020 - 18:30

Mauritania 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 Islamic Republic of Mauritania is eligible to benefit from the initiative. Therefore, the representatives of the Paris Club Creditor Countries have accepted to provide to the Islamic Republic of Mauritania a time-bound suspension of debt service due from 1^st May to 31^stDecember 2020.

The Government of the Islamic Republic of Mauritania 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 Islamic Republic of Mauritania 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 Islamic Republic of Mauritania 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 Islamic Republic of Mauritania’s debt are the governments of Brazil, France and Spain.

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 Republic of Korea, the Russian Federation, Sweden, Switzerland, the United Kingdom and the United States of America.

Credit AdobeStock©homocosmicos

Language English

News Type:

Press release

Subtitle:

Slideshow image:

Mauritania benefits from the debt service suspension initiative

Attachments:

20200602_pr_dssi_mauritania.pdf

Event date:

Tuesday, 2 June, 2020 - 12:45

Burkina Faso 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 Burkina Faso is eligible to benefit from the initiative. Therefore, the representatives of the Paris Club Creditor Countries have accepted to provide to Burkina Faso a time-bound suspension of debt service due from 1^st May to 31^stDecember 2020.

The Government of Burkina Faso 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 Burkina Faso 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 Burkina Faso 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 Burkina Faso’s debt are the governments of Belgium, France and Spain.

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

Credit AdobeStock©Alexander

Language English

News Type:

Press release

Subtitle:

Slideshow image:

Burkina Faso benefits from the debt service suspension initiative

Attachments:

20200526_pr_dssi_burkina_faso.pdf

Event date:

Tuesday, 26 May, 2020 - 18:45

Cameroon 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 Cameroon is eligible to benefit from the initiative. Therefore, the representatives of the Paris Club Creditor Countries have accepted to provide to the Republic of Cameroon a time-bound suspension of debt service due from 1^st May to 31^st December 2020.

The Government of the Republic of Cameroon 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 Cameroon 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 Cameroon 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 Cameroon’s debt are the governments of Belgium, France, Germany, Japan, the Republic of Korea, Spain and Switzerland.

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

Credit AdobeStock©davide bonaldo

Language English

News Type:

Press release

Subtitle:

Slideshow image:

Cameroon benefits from the debt service suspension initiative

Attachments:

20200519_pr_dssi_cameroon.pdf

Event date:

Tuesday, 19 May, 2020 - 13:30

Nepal 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 Nepal is eligible to benefit from the initiative. Therefore, the representatives of the Paris Club Creditor Countries have accepted to provide to Nepal a time-bound suspension of debt service due from 1^st May to 31^st December 2020.

The Government of Nepal 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 Nepal 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 Nepal 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 Nepal’s debt are the governments of Belgium, France, Japan and the Republic of Korea.

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

Language English

News Type:

Press release

Subtitle:

Slideshow image:

Le Népal bénéficie de l’initiative de suspension du service de la dette

Attachments:

20200519_pr_dssi_nepal.pdf

Event date:

Tuesday, 19 May, 2020 - 17:15

Grenada 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 Grenada is eligible to benefit from the initiative. Therefore, the representatives of the Paris Club Creditor Countries have accepted to provide to Grenada a time-bound suspension of debt service due from 1^st May to 31^st December 2020.

The Government of Grenada 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 Grenada 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 Grenada 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 Grenada’s debt are the governments of France, the United Kingdom and the United States of America.

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

Language English

News Type:

Press release

Subtitle:

Slideshow image:

Grenada benefits from the debt service suspension initiative

Attachments:

20200518_pr_dssi_grenada.pdf

Event date:

Monday, 18 May, 2020 - 16:45

Dominica 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 Commonwealth of Dominica is eligible to benefit from the initiative. Therefore, the representatives of the Paris Club Creditor Countries have accepted to provide to the Commonwealth of Dominica a time-bound suspension of debt service due from 1^st May to 31^st December 2020.

The Government of the Commonwealth of Dominica 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 Commonwealth of Dominica 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 Commonwealth of Dominica 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 Commonwealth of Dominica’s debt are the governments of France and the United Kingdom.

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

Language English

News Type:

Press release

Subtitle:

Slideshow image:

Dominica benefits from the debt service suspension initiative

Attachments:

20200515_pr_dssi_dominica.pdf

Event date:

Friday, 15 May, 2020 - 17:45

You are here

News Type:

Subtitle:

Slideshow image:

Attachments:

Event date:

News Type:

Subtitle:

Slideshow image:

Attachments:

Event date:

News Type:

Subtitle:

Slideshow image:

Attachments:

Event date:

News Type:

Subtitle:

Slideshow image:

Attachments:

Event date:

News Type:

Subtitle:

Slideshow image:

Attachments:

Event date:

News Type:

Subtitle:

Slideshow image:

Attachments:

Event date:

News Type:

Subtitle:

Slideshow image:

Attachments:

Event date:

News Type:

Subtitle:

Slideshow image:

Attachments:

Event date:

News Type:

Subtitle:

Slideshow image:

Attachments:

Event date:

News Type:

Subtitle:

Slideshow image:

Attachments:

Event date:

Pages

Newsletter