CENTRAL AFRICAN REPUBLIC  Debt treatment -     April 12, 1994

Amounts treated

$47 million

Repayment profile

Treatment under London terms (cancellation rate of 50%)

  • repayment of non ODA credits over 23 years, with 6 years of grace, after cancellation to a rate of 50%
  • repayment of ODA credits over 30 years with 12 years of grace

Specific provisions

Possibility to conduct debt swaps

Comparability of treatment provision

yes

 

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. Koumba BOUNANDELE, State Secretary for Finance, Planning and International Cooperation.

Participating creditors
  • AUSTRIA
  • FRANCE
  • GERMANY
  • ITALY
  • SOUTH AFRICA
  • SWITZERLAND
  • UNITED STATES OF AMERICA
Observers
  • DENMARK
  • JAPAN
  • UNITED KINGDOM
  • African Development Bank
  • IMF
  • OECD
  • UNCTAD
  • World Bank