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Categories of debt treated: Treatment of maturities falling due from January 01, 1995 up to December 31, 1997
Repayment profile: Treatment under Naples terms (cancellation rate of 67%)
repayment of non ODA credits over 23 years, with 6 years of grace, after cancellation to a rate of 67%
repayment of ODA credits over 40 years with 16 years of grace
Specific provisions: Possibility to conduct debt swaps
De minimis threshold of 500 000 SDR
Comparability of treatment provision: Organisation of the session: The meeting was chaired by M. Francis Mayer, Co President of the Paris Club.
The head of the debtor country's delegation was M. Fernando Cossio, Minister of Finance.
Observers (institutions):
Language
English
Repayment profile: Treatment under London 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 30 years with 12 years of grace
Specific provisions: Possibility to conduct debt swaps
Good will clause
De minimis threshold of 500 000 SDR
Comparability of treatment provision: Organisation of the session: The meeting was chaired by Melle Anne Le Lorier, Vice President of the Paris Club.
The head of the debtor country's delegation was M. Samuel Doria Medina, Minister of Planning and Coordination.
Observers (institutions):
Language
English
Categories of debt treated: Treatment of maturities falling due from January 01, 1990 up to December 31, 1991
Repayment profile: Treatment under Toronto terms (cancellation rate of 33%)
repayment of non ODA credits over 14 years, with 8 years of grace, after cancellation to a rate of 33%
repayment of ODA credits over 25 years with 14 years of grace
Specific provisions: Phases
Payment of non-consolidated amounts before May 31, 1990
First phase : From January 01, 1990 up to January 31, 1991, implemented at the signature of the agreement
Second phase : From February 01, 1991 up to January 31, 1992, not implemented
Comparability of treatment provision: Organisation of the session: The meeting was chaired by M. Denis Samuel-Lajeunesse, Co-President of Paris Club.
The head of the debtor country's delegation was M. Enrique Garcia, Minister of Planning and Coordination.
Observers (institutions):
Language
English
Treatment date: Monday, 14 November, 1988
Categories of debt treated: Treatment of maturities falling due from October 01, 1988 up to December 31, 1989
Specific provisions: Phases
First phase : From October 01, 1988 up to September 30, 1989, implemented at the signature of the agreement
Second phase : From October 01, 1989 up to September 30, 1990, not implemented
De minimis threshold of 500 000 SDR Payment of non-consolidated amounts before January 31, 1989
Comparability of treatment provision: Organisation of the session: The meeting was chaired by M. Denis Samuel-Lajeunesse, Co President of Paris Club.
The head of the debtor country's delegation was M. Fernando Romero, Minister for Planning and Coordination.
Observers (institutions):
Language
English
Categories of debt treated: Treatment of maturities falling due from July 01, 1986 up to June 30, 1987
Specific provisions: Good will clause
Free transferability provision
De minimis threshold of 500 000 SDR
Comparability of treatment provision: Organisation of the session: The meeting was chaired by M. Denis Samuel-Lajeunesse, Co President of the Paris Club.
The head of the debtor country's delegation was M. Gonzalo Sanchez de Lozada, Minister of Planning.
Observers (institutions):
Language
English
Treatment date: Wednesday, 23 April, 2003
Supporting agreements with the international institutions: Total external debt of the country: $1 368 million as of December 31, 2001
$201 million of which being due to Paris Club as of March 01, 2003
Accorded treatment: Completion point reached on March 24, 2003
Reduction of the stock of debt
Categories of debt treated: Treatment of arrears as of February 28, 2003
Treatment of the stock as of March 01, 2003
Repayment profile: Treatment under HIPC Initiative Exit terms
Comparability of treatment provision: The Republic of Benin commits not to accord any category of creditors -and in particular creditor countries not participating in the present Agreed Minute, commercial banks and suppliers- a treatment more favourable than that accorded to the Participating Creditor Countries.
Organisation of the session: The meeting was chaired by Mr. Ambroise Fayolle, Vice-President of Paris Club.
The head of the debtor country's delegation was Mr. Grégoire Laourou, Minister of Economy and Finance.
Observers (institutions):
Language
English
Categories of debt treated: Treatment of maturities falling due from August 01, 1993 up to December 31, 1995
Repayment profile: Treatment under London 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 30 years with 12 years of grace
Specific provisions: Possibility to conduct debt swaps
Phases
First phase : From August 01, 1993 up to December 31, 1993, implemented at the signature of the agreement
Second phase : From January 01, 1994 up to December 31, 1994, implemented on April 27, 1994
Third phase : From January 01, 1995 up to December 31, 1995, implemented on July 19, 1995
De minimis threshold of 250 000 SDR
Comparability of treatment provision: Organisation of the session: The meeting was chaired by Mme Ariane Obolensky, Co President of the Paris Club.
The head of the debtor country's delegation was M. Paul Dossou, Minister of Finance.
Observers (institutions):
Language
English
Treatment date: Wednesday, 18 December, 1991
Categories of debt treated: Treatment of maturities falling due from January 01, 1992 up to July 31, 1993
Repayment profile: Treatment under London 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 30 years with 12 years of grace
Specific provisions: Possibility to conduct debt swaps
Good will clause
Phases
First phase : From January 01, 1992 up to July 31, 1992, implemented at the signature of the agreement
Second phase : From August 01, 1992 up to July 31, 1993, not implemented
De minimis threshold of 500 000 SDR
Comparability of treatment provision: Organisation of the session: The meeting was chaired by Melle Anne Le Lorier, Vice President of the Paris Club
The head of the debtor country's delegation was M. Paul Dossou, Minister of Finance
Observers (institutions):
Language
English
Categories of debt treated: Treatment of maturities falling due from June 01, 1989 up to June 30, 1990
Repayment profile: Treatment under Toronto terms (cancellation rate of 33%)
repayment of non ODA credits over 14 years, with 8 years of grace, after cancellation to a rate of 33%
repayment of ODA credits over 25 years with 14 years of grace
Specific provisions: Good will clause
De minimis threshold of 500 000 SDR
Comparability of treatment provision: Organisation of the session: The meeting was chaired by M. Denis Samuel-Lajeunesse, Co Chairman of the Paris Club.
The head of the debtor country's delegation was M. Didier Dassi, Minister of Finance.
Observers (institutions):
Language
English
Treatment date: Thursday, 21 December, 1989
Categories of debt treated: Treatment of maturities falling due from October 01, 1991 up to June 30, 1992
Specific provisions: Good will clause
Free transferability provision
De minimis threshold of 1 000 000 SDR
Comparability of treatment provision: Organisation of the session: The meeting was chaired by Mr. Jean-Claude Trichet, Chairman of the Paris Club.
The head of the debtor country's delegation was Mr. Carlos Carballo, Chief Debt Negotiator for the Ministry of Economy.
Observers (institutions):
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