UGANDA  Debt treatment -     February 20, 1995

Amounts treated

$110 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

 

Organisation of the session

Have attended:

Participating creditors
  • FRANCE
  • ITALY
  • UNITED KINGDOM
Observers
  • AUSTRIA
  • FINLAND
  • GERMANY
  • ISRAEL
  • JAPAN
  • NETHERLANDS
  • SPAIN
  • SWITZERLAND
  • UNITED STATES OF AMERICA