Debtor country:
Creditor country:
Terms:
Treatment date:
Status of the treatment:
Supporting agreements with the international institutions:
Programme supported by an Arrangement under the Poverty Reduction and Growth Facility (PRGF) with the IMF approved on June 12, 2002
Total external debt of the country:
$14 300 million as of December 31, 2001
$9 703 million of which being due to Paris Club as of June 30, 2002
Amounts treated:
$8 980 million of which $4 640 million being canceled, of which $4 340 million being rescheduled
Accorded treatment:
Restructuring of the public external debt, following the approval of an arrangement under the Poverty Reduction and Growth Facility with the International Monetary Fund on 12 June 2002.
Categories of debt treated:
Treatment of arrears as of June 30, 2002
Treatment of maturities falling due from July 01, 2002 up to March 31, 2006
Repayment profile:
Specific provisions:
Free transferability provision
Phases
- First phase : From July 01, 2002 up to June 29, 2003, implemented at the signature of the agreement
- Second phase : From June 30, 2003 up to June 28, 2004, implemented on November 17, 2003
- Third phase : From July 01, 2004 up to March 31, 2006, implemented on July 26, 2004
Payment of non-consolidated amounts before March 31, 2003
Comparability of treatment provision:
yes
Cut-off date:
June 30, 1983
Organisation of the session:
The meeting was chaired by Mr. Ambroise FAYOLLE, Vice chairman of the Paris Club.
The head of the debtor country's delegation was Mr. Mbuyamu MATUNGULU, Minister of Economy, Finances and Budget.
Files attached:
Observers (countries):
Observers (institutions):