HAITI  Debt treatment -      May 30, 1995

Amounts treated

$117 million

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

Comparability of treatment provision

yes

Cut-off date

October 1, 1993

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 Mrs. REY, Minister of Economy and Finance.

Participating creditors
  • CANADA
  • FRANCE
  • ITALY
  • SPAIN
  • UNITED STATES OF AMERICA
Observers
  • GERMANY
  • ISRAEL
  • JAPAN
  • IMF
  • Inter-American Development Bank
  • OECD
  • UNCTAD
  • World Bank