London
English
Treatment date:
Wednesday, 18 November, 1992
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:
Organisation of the session:
Observers (institutions):
English
Treatment date:
Wednesday, 23 March, 1994
Repayment profile:
Treatment under London terms (cancellation rate of 50%)
- repayment of non ODA credits over 30 years, with 12 years of grace, after cancellation to a rate of 50%
- repayment of ODA credits over 23 years with 6 years of grace
Specific provisions:
Possibility to conduct debt swaps
Comparability of treatment provision:
Organisation of the session:
The meeting was chaired by Mr. Christian NOYER, Chairman of the Paris Club.
The head of the debtor country's delegation was Mr. N'goran NIAMIEN, Special Minister to the Prime Minister for the Economy, Finance and Planning.
Observers (institutions):
English
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:
Organisation of the session:
Observers (institutions):
English
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
Good will clause
De minimis threshold of 500 000 SDR
Comparability of treatment provision:
Organisation of the session:
The meeting was chaired by Melle Anne Le Lorier, Vice President of the Paris Club.
The head of the debtor country's delegation was M. Samuel Doria Medina, Minister of Planning and Coordination.
Observers (institutions):
English
Categories of debt treated:
Treatment of maturities falling due from August 01, 1993 up to December 31, 1995
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
Phases
- First phase : From August 01, 1993 up to December 31, 1993, implemented at the signature of the agreement
- Second phase : From January 01, 1994 up to December 31, 1994, implemented on April 27, 1994
- Third phase : From January 01, 1995 up to December 31, 1995, implemented on July 19, 1995
De minimis threshold of 250 000 SDR
Comparability of treatment provision:
Organisation of the session:
The meeting was chaired by Mme Ariane Obolensky, Co President of the Paris Club.
The head of the debtor country's delegation was M. Paul Dossou, Minister of Finance.
Observers (institutions):
English
Treatment date:
Wednesday, 18 December, 1991
Categories of debt treated:
Treatment of maturities falling due from January 01, 1992 up to July 31, 1993
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
Good will clause
Phases
- First phase : From January 01, 1992 up to July 31, 1992, implemented at the signature of the agreement
- Second phase : From August 01, 1992 up to July 31, 1993, not implemented
De minimis threshold of 500 000 SDR
Comparability of treatment provision:
Organisation of the session:
The meeting was chaired by Melle Anne Le Lorier, Vice President of the Paris Club
The head of the debtor country's delegation was M. Paul Dossou, Minister of Finance
Observers (institutions):
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