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Displaying 181 - 200 of 1033External debt is one of the sources of external financing for developing countries, with equity (notably foreign direct investment), grants and worker remittances.
The information presented herein is for informational purposes only.
Total 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.
Throughout its existence, the Paris Club has aimed to produce agreements that lead to levels of payments sustainable for the debtor.