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Displaying 181 - 200 of 1026Total claims from litigating creditors (in 54 separate procedures against 12 HIPCs) are worth around USD 1,5 billion, of which USD 1,2 billion has already been awarded by the courts at end-2007.
The debt crisis of the last two decades has proved extremely costly both for debtor countries and their creditors.
Paris Club agreements may contain a provision enabling creditors to voluntarily engage in debt swaps.
Over the past few years, the Paris Club has adapted debt relief, taking into account debt sustainability, in response to major exogenous shocks, which is also in line with the recommendations conta
Since the late 1990's, beyond traditional debt rescheduling and cancellation agreements, taken into account the favourable evolution of the situation of certain debtor countries, the Paris Club has