GUINEA-BISSAU  Debt treatment -      February 23, 1995

Amounts treated

$196 million

Categories of debt treated

Treatment of maturities falling due from January 1, 1995 up to December 31, 1997

Repayment profile

Treatment under Naples terms (cancellation rate of 67%), after cancellation to a rate of 67%

Specific provisions

Phases

  • First phase : From January 1, 1995 up to December 31, 1995, implemented at the signature of the agreement
  • Second phase : From January 1, 1996 up to December 30, 1996, implemented on July 05, 1996
  • Third phase : From January 1, 1997 up to December 31, 1997, implemented on September 29, 1997

Organisation of the session

The meeting was chaired by Mr. Bertrand de MAZIERES, Vice-Chairman of the Paris Club.

The head of the debtor country's delegation was Mr. Rui DIA DE SOUSA, Minister of Finance.

Participating creditors
  • BELGIUM
  • BRAZIL
  • FRANCE
  • GERMANY
  • ITALY
  • PORTUGAL
  • SWEDEN
  • SWITZERLAND
Observers
  • JAPAN
  • NETHERLANDS
  • SPAIN
  • UNITED STATES OF AMERICA
  • African Development Bank
  • IMF
  • OECD
  • UNCTAD
  • World Bank