BURKINA FASO Debt treatment - June 20, 2002
Supporting agreements with the international institutions
Programme with the IMF under the PRGF approved on September 10, 1999
Total external debt of the country
$1,431 million as of December 31, 2001
$62 million of which being due to Paris Club as of June 1, 2002
Amounts treated
$36 million of which $35 million being cancelled, of which $1 million being rescheduled
Accorded treatment
Completion point reached on April 11, 2002
Categories of debt treated
Treatment of arrears as of June 1, 2002
Treatment of the stock as of June 1, 2002
Repayment profile
Treatment under HIPC Initiative Exit terms
Specific provisions
Payment of non-consolidated amounts before December 31, 2002
Comparability of treatment provision
yes
Cut-off date
January 1, 1991
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. Jean Baptiste M.P. COMPAORE, Minister of Finance and Budget.
Participating creditors
- AUSTRIA
- FRANCE
- ITALY
- NETHERLANDS
- RUSSIAN FEDERATION
- SPAIN
- UNITED KINGDOM
Observers
- BELGIUM
- CANADA
- GERMANY
- JAPAN
- UNITED STATES OF AMERICA
- IMF
- OECD
- UNCTAD
- World Bank