ZAMBIA  Debt treatment -     July 12, 1990

Amounts treated

$963 million

Repayment profile

Treatment under Toronto terms (cancellation rate of 33%)

  • repayment of non ODA credits over 14 years, with 8 years of grace, after cancellation to a rate of 33%
  • repayment of ODA credits over 25 years with 14 years of grace

Comparability of treatment provision

yes

Organisation of the session

Have attended:

Participating creditors
  • AUSTRIA
  • BELGIUM
  • BRAZIL
  • CANADA
  • FRANCE
  • GERMANY
  • ITALY
  • JAPAN
  • NETHERLANDS
  • SWITZERLAND
  • UNITED KINGDOM
  • UNITED STATES OF AMERICA
Observers
  • DENMARK
  • FINLAND
  • NORWAY
  • SWEDEN
  • European Commission
  • IMF
  • OECD
  • UNCTAD
  • World Bank