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SAO TOME AND PRINCIPE - 20000516

Submitted by adminCDP on Tue, 29/09/2015 - 11:23
English

Debtor country: 

Creditor country: 

Terms: 

Treatment date: 

Tuesday, 16 May, 2000

Status of the treatment: 

Fully repaid

Supporting agreements with the international institutions: 

IMF program approved on April 28, 2000

Download the IMF report : letter of intent

Amounts treated: 

$27 million

Categories of debt treated: 

Treatment of arrears as of March 31, 2000

Treatment of maturities falling due from April 01, 2000 up to April 30, 2003

Repayment profile: 

Treatment under Naples terms (cancellation rate of 67%)

Specific provisions: 

Good will clause

In response to the request of the representatives of the Government of the Democratic Republic of Sao Tome and Principe, the Participating Creditor Countries agreed in principle to a meeting to consider the matter of the Democratic Republic of Sao Tome and Principe's debt service payments falling due after April 30, 2003 and relating to loans or credits pursuant to a contract or other financial arrangement concluded before April 1st, 1999, provided:

- that the Democratic Republic of Sao Tome and Principe continues to have an appropriate arrangement with the International Monetary Fund;

- that the Democratic Republic of Sao Tome and Principe has reached with other creditors effective arrangements meeting the conditions described in [the Agreed Minute dated May 16, 2005] and has reported in writing to the Chairman of the Paris Club, pursuant to [the Agreed Minute ] ;

- and that the Democratic Republic of Sao Tome and Principe has complied with all conditions set out in this Agreed Minute.

 

Phases

  • First phase : From April 01, 2000 up to April 30, 2001, implemented at the signature of the agreement
  • Second phase : From May 01, 2001 up to April 30, 2002, not implemented
  • Third phase : From May 01, 2002 up to April 30, 2003, not implemented

De minimis threshold of 150 000 SDR

Payment of non-consolidated amounts before October 31, 2000

Comparability of treatment provision: 

In order to secure comparable treatment of its debt due to all its external public or private creditors, the Government of the Democratic Republic of Sao Tome and Principe commits itself to seek promptly from all its external creditors debt reduction and reorganization arrangements on terms comparable in net present value to those set forth in the Agreed Minute dated May 16, 2000 for credits of comparable maturity. Comparability of treatment for debt reduction in net present value is assessed not only on the basis of the reduction in the face value of the debt but also on the terms of repayment of the debts not cancelled.

Consequently, the Government of the Democratic Republic of Sao Tome and Principe commits itself to accord all categories of creditors -and in particular creditor countries not participating in the Agreed Minute, commercial banks and suppliers- a treatment not more favourable than that accorded to the Participating Creditor Countries.

For the purpose of the comparison between the arrangements concluded by the Government of the Democratic Republic of Sao Tome and Principe with its creditor not listed in the present Agreed Minute on the one hand, and with the Participating Creditor Countries on the other hand, all relevant elements will be taken into account, including the real exposure of the creditors not listed in the Agreed Minute, the level of cash payments received by those creditors from the Government of the Democratic Republic of Sao Tome and Principe as compared to their share in the Democratic Republic of Sao Tome and Principe's external debt, the nature and characteristics of all treatment applied, including debt buy backs, and all characteristics of the reorganized claims and in particular their repayment terms whatever forms they take and in general the financial relations between the Government of the Democratic Republic of Sao Tome and Principe and the creditors not listed in the Agreed Minute.

The Government of the Democratic Republic of Sao Tome and Principe will inform in writing the Chairman of the Paris Club no later than December 31, 2000 of the progress made for this purpose in negotiations with other creditors [of the Agreed Minute], and will communicate to the Chairman of the Paris Club the content of its bilateral agreements with these creditors.

Cut-off date: 

April 01, 1999

Organisation of the session: 

Have attended:

Observers (countries): 

Observers (institutions): 

RWANDA - 19980721

Submitted by adminCDP on Tue, 29/09/2015 - 11:23
English

Debtor country: 

Creditor country: 

Terms: 

Treatment date: 

Tuesday, 21 July, 1998

Status of the treatment: 

Fully repaid

Supporting agreements with the international institutions: 

IMF program under the ESAF approved on June 24, 1998

Download the IMF report : IMF report

Amounts treated: 

$54 million

Categories of debt treated: 

Treatment of arrears as of June 30, 1998

Treatment of maturities falling due from July 01, 1998 up to November 30, 2000

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

On a voluntary and bilateral basis, the Government of each participating creditor country or its appropriate institutions may sell or exchange, in the framework of debt for nature, debt for aid, debt for equity swaps or other local currency debt swaps : (i) the amounts of outstanding loans [treated in the Agreed Minute] as regards official development aid loans ; (ii) the amounts of other outstanding credits, loans and consolidations [treated in the Agreed Minute], up to 20% of the amounts of outstanding credits as of June 30, 1998 or up to an amount of 15 million SDR, whichever is higher.

 

Entry-into-force provision

Agreement implemented on June 30, 1999

 

Good will clause

In response to the request of the representatives of the Government of the Republic of Rwanda, the Participating Creditor Countries agreed in principle to a meeting to consider the matter of the Republic of Rwanda's debt service payments falling due after May 31, 2001 and relating to loans or credits pursuant to a contract or other financial arrangement concluded before December 31, 1994 provided :

- that the Republic of Rwanda continues to have an appropriate arrangement with the International Monetary Fund ;

- that the Republic of Rwanda has reached with other creditors effective arrangements meeting the conditions described in [the Agreed Minute] and has reported in writing to the Chairman of the Paris Club, pursuant to [the Agreed Minute] ;

- and that the Republic of Rwanda has complied with all conditions set out in this Agreed Minute.

 

Phases

  • First phase : From July 01, 1998 up to July 31, 1999, implemented on June 30, 1999
  • Second phase : From August 01, 1999 up to July 31, 2000, implemented on December 21, 1999
  • Third phase : From August 01, 2000 up to November 30, 2000, implemented on May 30, 2001

De minimis threshold of 500 000 SDR

Payment of non-consolidated amounts before December 31, 1998

Comparability of treatment provision: 

In order to secure comparable treatment of its debt due to all its external public or private creditors, the Government of the Republic of Rwanda commits itself to promptly negotiate debt reduction arrangements with all its external creditors.

Consequently, the Government of the Republic of Rwanda commits itself not to accord any category of creditors -and in particular creditor countries not participating in the Agreed Minute, commercial banks and suppliers - a treatment more favourable than that accorded by the Participating Creditor Countries for credits of comparable maturity and legal nature.

The Government of the Republic of Rwanda will inform in writing the Chairman of the Paris Club not later than December 31, 1998 of the status of its negotiations and of the contents of its bilateral agreements with other creditors. Afterwards, the Government of the Republic of Rwanda will further inform in writing regularly the Chairman of the Paris Club of the status of its negotiations with other creditors, as well as of the payments made to them, and in any case before the meeting mentioned in [the Agreed Minute].

Cut-off date: 

December 31, 1994

Organisation of the session: 

Have attended:

Observers (countries): 

Observers (institutions): 

NIGER - 19961219

Submitted by adminCDP on Tue, 29/09/2015 - 11:23
English

Debtor country: 

Creditor country: 

Terms: 

Treatment date: 

Thursday, 19 December, 1996

Status of the treatment: 

Fully repaid

Amounts treated: 

$128 million

Categories of debt treated: 

Treatment of arrears as of December 01, 1996

Treatment of maturities falling due from December 01, 1996 up to June 30, 1999

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

 

Phases

  • First phase : From December 01, 1996 up to September 30, 1997, implemented at the signature of the agreement
  • Second phase : From October 01, 1997 up to September 30, 1998, implemented on September 29, 1997
  • Third phase : From October 01, 1998 up to June 30, 1999, implemented on June 08, 1999

Comparability of treatment provision: 

yes

Organisation of the session: 

Have attended:

Observers (countries): 

Observers (institutions): 

NICARAGUA - 19980422

Submitted by adminCDP on Tue, 29/09/2015 - 11:23
English

Debtor country: 

Creditor country: 

Terms: 

Treatment date: 

Wednesday, 22 April, 1998

Status of the treatment: 

Fully repaid

Supporting agreements with the international institutions: 

IMF program approved on March 18, 1998

Download the IMF report : IMF report

Amounts treated: 

$213 million

Categories of debt treated: 

Treatment of arrears as of February 28, 1998

Treatment of maturities falling due from March 01, 1998 up to February 28, 2001

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

On a voluntary and bilateral basis, the Government of each participating creditor country or its appropriate institutions may sell or exchange, in the framework of debt for nature, debt for aid, debt for equity swaps or other local currency debt swaps : (i) the amounts of outstanding loans [treated in the present Agreed Minute] as regards Official Development Aid loans ; (ii) the amounts of other outstanding credits, loans and consolidations [treated in the present Agreed Minute], up to 20% of the amounts of outstanding credits as of December 31, 1991 or up to an amount of 15 million SDR, whichever is higher

 

Entry-into-force provision

Agreement implemented on August 18, 1998

 

Good will clause

In response to the request of the representatives of the Government of the Republic of Nicaragua :

a) the Participating Creditor Countries agreed in principle to hold a meeting to consider the matter of the Republic of Nicaragua's debt service payments falling due after February 28, 2001 and relating to loans or credits pursuant to a contract or other financial arrangement concluded before November 1, 1988 provided :

- that the Republic of Nicaragua continues to have an appropriate arrangement with the International Monetary Fund ;

- that the Republic of Nicaragua has reached with other creditors effective arrangements meeting the conditions described in [the present Agreed Minute]and has reported in writing to the Chairman of the Paris Club, pursuant to [the present Agreed Minute] ;

- and that the Republic of Nicaragua has complied with all conditions set out in this Agreed Minute.

b) Alternatively, if during the three years following the date of the signature of the present Agreed Minute, the Government of the Republic of Nicaragua has maintained satisfactory relations with the Participating or Observer Creditor Countries, and notably has fully implemented all agreements signed with them and continues to have an appropriate arrangement with the International Monetary Fund, the Participating Creditor Countries agree in principle to hold a meeting to consider the matter of the Republic of Nicaragua's stock of debt.
 

Free transferability provision

The Government of the Republic of Nicaragua guarantees the immediate and unrestricted transfer of the foreign exchange counterpart of all amounts paid in local currency by the private debtors in Nicaragua for servicing their foreign debt owed to or guaranteed by the Participating or Observer Creditor Countries or their appropriate institutions, for which the corresponding payments in local currency have been deposited in the Central Bank of Nicaragua on or after December 31, 1991.

 

Pullback clause

The Participating Creditor Countries reserve the right to review and agree to the implementation of the conditions stated [...] for the comparability of treatment between all creditor countries. If the Participating Creditor Countries determine that these conditions are not substantially fulfilled, and do not agree to their implementation, the provisions [...] of the present Agreed Minute will become null and void. In this case, the total amount of debts covered by the present Agreed Minute will be due and payable at that time, with the exception of maturities which have not yet fallen due on these debts. Any payments of principal and interest already made under Article II paragraph 2. will be taken into account.

 

Phases

  • First phase : From March 01, 1998 up to February 28, 1999, implemented on August 18, 1998
  • Second phase : From March 01, 1999 up to February 28, 2000, implemented on September 21, 1999
  • Third phase : From March 01, 2000 up to February 28, 2001, implemented on February 21, 2001

De minimis threshold of 750 000 SDR

Payment of non-consolidated amounts before July 31, 1998

Comparability of treatment provision: 

In order to secure comparable treatment of its debt due to all its external public or private creditors, the Government of the Republic of Nicaragua commits itself to negotiate debt reorganization arrangements with all its external creditors providing for comparable debt reduction in net present value as well as comparable terms of repayment of the debts not cancelled.

The Government of the Republic of Nicaragua commits itself not to accord any category of creditors -and in particular creditor countries not participating in the present Agreed Minute, commercial banks and suppliers- a treatment more favourable than that accorded by the Participating Creditor Countries for credits of comparable maturity and legal nature.

The Government of the Republic of Nicaragua will inform in writing the Chairman of the Paris Club not later than September 30, 1998 of the status of its negotiations and of the contents of its bilateral agreements with other creditors. The Government of the Republic of Nicaragua will further regularly inform in writing the Chairman of the Paris Club of the status of its negotiations with other creditors, as well as of the payments made to them, and in any case before the meeting mentioned in [the present Agreed Minute].

Cut-off date: 

November 01, 1988

Organisation of the session: 

Have attended:

Observers (countries): 

Observers (institutions): 

NICARAGUA - 19950322

Submitted by adminCDP on Tue, 29/09/2015 - 11:23
English

Debtor country: 

Creditor country: 

Terms: 

Treatment date: 

Wednesday, 22 March, 1995

Status of the treatment: 

Fully repaid

Amounts treated: 

$848 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:

Observers (countries): 

Observers (institutions): 

MAURITANIA - 19950628

Submitted by adminCDP on Tue, 29/09/2015 - 11:23
English

Debtor country: 

Creditor country: 

Terms: 

Treatment date: 

Wednesday, 28 June, 1995

Status of the treatment: 

Active

Amounts treated: 

$65 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:

Observers (countries): 

Observers (institutions): 

MADAGASCAR - 20000904

Submitted by adminCDP on Tue, 29/09/2015 - 11:23
English

Debtor country: 

Creditor country: 

Terms: 

Treatment date: 

Monday, 4 September, 2000

Status of the treatment: 

Active

Amounts treated: 

$34 million

Categories of debt treated: 

Treatment of maturities falling due from January 01, 1997 up to November 30, 2000

Repayment profile: 

Treatment under Naples terms (cancellation rate of 67%)

 

Cut-off date: 

July 01, 1983

Organisation of the session: 

Have attended:

Observers (countries): 

Observers (institutions): 

MADAGASCAR - 19970326

Submitted by adminCDP on Tue, 29/09/2015 - 11:23
English

Debtor country: 

Creditor country: 

Terms: 

Treatment date: 

Wednesday, 26 March, 1997

Status of the treatment: 

Active

Supporting agreements with the international institutions: 

IMF program approved on November 27, 1996

 

Amounts treated: 

$1 247 million

Categories of debt treated: 

Treatment of arrears as of December 31, 1996

Treatment of maturities falling due from January 01, 1997 up to July 31, 2000

Repayment profile: 

Treatment under Naples terms (cancellation rate of 67%), after cancellation to a rate of 67%

Specific provisions: 

Possibility to conduct debt swaps

On a voluntary and bilateral basis, the Government of each participating creditor country or its appropriate institutions may sell or exchange, in the framework of debt for nature, debt for aid, debt for equity swaps or other local currency debt swaps : (i) the amounts of outstanding loans [treated in the present Agreed Minute] as regards official development aid loans ; (ii) the amounts of other outstanding credits, loans and consolidations [treated in the present Agreed Minute], up to 20% of the amounts of outstanding credits as of December 31, 1996 or up to an amount of 30 million SDR, whichever is higher.

 

Good will clause

In response to the request of the representatives of the Government of the Republic of Madagascar, the Participating Creditor Countries agreed in principle to a meeting to consider the matter of the Republic of Madagascar's debt service payments falling due after November 30, 1999 and relating to loans or credits pursuant to a contract or other financial arrangement concluded before July 1, 1983 provided :

- that the Republic of Madagascar continues to have an appropriate arrangement with the International Monetary Fund ;

- that the Republic of Madagascar has reached with other creditors effective arrangements meeting the conditions described in [the present Agreed Minute] and has reported in writing to the Chairman of the Paris Club, pursuant to [the present Agreed Minute] ;

- and that the Republic of Madagascar has complied with all conditions set out in this Agreed Minute.

 

Free transferability provision

The Government of the Republic of Madagascar will take the relevant administrative measures or extend existing measures to ensure that the private debtors in Madagascar will be permitted to pay into the Central Bank the local currency counterpart of their obligations past due or falling due, corresponding to their debt of any nature owed to or guaranteed by the Participating or Observer Creditor Countries or their appropriate institutions.

 

Pullback clause

The Participating Creditor Countries reserve the right to review and agree to the implementation of the conditions stated in [the present Agreed Minute] for the comparability of treatment between all creditor countries. If the Participating Creditor Countries determine that these conditions are not substantially fulfilled, and do not agree to their implementation, the provisions [...] of the present Agreed Minute will become null and void. In this case, the total amount of debts covered by the present Agreed Minute will be due and payable at that time, with the exception of maturities which have not yet fallen due on these debts. Any payments of principal and interest already made under [the recommendations of the present Agreed Minute] will be taken into account.

 

Special account

To facilitate the implementation of this Agreed Minute, the Government of the Republic of Madagascar will deposit in the special account established with the Banque de France, the equivalent of at least SDR 4 million at the end of each month, commencing in May 1997 through November 1999 inclusive. The Government of the Republic of Madagascar undertakes to have this Bank notify the Chairman of the Paris Club as soon as each deposit has been made. The total amount approximates the amounts estimated to be payable to all Participating Creditor Countries from January 1, 1997 up to November 30, 1999 inclusive under the terms of the bilateral agreements to be concluded pursuant to this Agreed Minute. As specific payments under these agreements become due, the Government of the Republic of Madagascar will draw on the special account to meet these payments ; no drawing will be made on the special account for any other use before all payments due from January 1, 1997 up to November 30, 1999 inclusive under these agreements have been made. Any drawing on this account will be made after a previous 15-day notice to the above Bank, which this Bank will notify immediately to the Chairman of the Paris Club. This scheme could be continued by agreement between the parties.

 

Phases

  • First phase : From January 01, 1997 up to February 28, 1998, implemented at the signature of the agreement
  • Second phase : From March 01, 1998 up to February 28, 1999, implemented on August 06, 1999
  • Third phase : From March 01, 1999 up to July 31, 2000, implemented on August 06, 1999

De minimis threshold of 250 000 SDR

Payment of non-consolidated amounts before October 31, 1997

Comparability of treatment provision: 

In order to secure comparable treatment of its debt due to all its external public or private creditors, the Government of the Republic of Madagascar commits itself to negotiate debt reorganization arrangements with all its external creditors.

The Government of the Republic of Madagascar commits itself not to accord any category of creditors -and in particular creditor countries not participating in the present Agreed Minute, commercial banks and suppliers- a treatment more favourable than that accorded by the Participating Creditor Countries for credits of comparable maturity and legal nature.

Cut-off date: 

July 01, 1983

Organisation of the session: 

Have attended:

Observers (countries): 

Observers (institutions): 

HONDURAS - 19990413

Submitted by adminCDP on Tue, 29/09/2015 - 11:23
English

Debtor country: 

Creditor country: 

Terms: 

Treatment date: 

Tuesday, 13 April, 1999

Status of the treatment: 

Active

Supporting agreements with the international institutions: 

IMF program approved on March 26, 1999

 

Amounts treated: 

$411 million

Categories of debt treated: 

Treatment of arrears as of March 31, 1999

Treatment of maturities falling due from April 01, 1999 up to March 31, 2002

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

On a voluntary and bilateral basis, the Government of each participating creditor country or its appropriate institutions may sell or exchange, in the framework of debt for nature, debt for aid, debt for equity swaps or other local currency debt swaps : (i) the amounts of outstanding loans [treated in the Agreed Minute] as regards official development aid loans ; (ii) the amounts of other outstanding credits, loans and consolidations [treated in the Agreed Minute], up to 20% of the amounts of outstanding credits as of September 30, 1992 or up to an amount of 20 million of dollars of the United States of America, whichever is higher.

 

Good will clause

In response to the request of the representatives of the Government of the Republic of Honduras :

a) the Participating Creditor Countries agreed in principle to hold a meeting to consider the matter of the Republic of Honduras' debt service payments falling due after March 31, 2002 and relating to loans or credits pursuant to a contract or other financial arrangement concluded before June 1, 1990 provided :

- that the Republic of Honduras continues to have an appropriate arrangement with the International Monetary Fund ;

- that the Republic of Honduras has reached with other creditors effective arrangements meeting the conditions described in [the present Agreed Minute] and has reported in writing to the Chairman of the Paris Club, pursuant to [the Agreed Minute] ;

- and that the Republic of Honduras has complied with all conditions set out in this Agreed Minute.

b) Alternatively, if during the three years following the date of the signature of the present Agreed Minute, the Government of the Republic of Honduras has maintained satisfactory relations with the Participating or Observer Creditor Countries, and notably has fully implemented all agreements signed with them and continues to have an appropriate arrangement with the International Monetary Fund, the Participating Creditor Countries agree in principle to hold a meeting to consider the matter of the Republic of Honduras' stock of debt.

 

Free transferability provision

The Government of the Republic of Honduras will take the relevant administrative measures or extend existing measures to ensure that the private debtors in the Republic of Honduras will be permitted to pay into the Central Bank of Honduras the local currency counterpart of their obligations past due or falling due, corresponding to their debt of any nature owed to or guaranteed by the Participating or Observer Creditor Countries or their appropriate institutions.

 

Phases

  • First phase : From April 01, 1999 up to March 31, 2000, implemented at the signature of the agreement
  • Second phase : From April 01, 2000 up to March 31, 2001, implemented on July 28, 2000
  • Third phase : From April 01, 2001 up to March 31, 2002, implemented on November 22, 2001

De minimis threshold of 500 000 SDR

Payment of non-consolidated amounts before October 31, 1999

Comparability of treatment provision: 

In order to secure comparable treatment of its debt due to all its external public or private creditors, the Government of the Republic of Honduras commits itself to negotiate debt reorganization arrangements with all its external creditors providing for comparable debt reduction in net present value as well as comparable terms of repayment of the debts not cancelled.

The Government of the Republic of Honduras commits itself not to accord any category of creditors -and in particular creditor countries not participating in the Agreed Minute, commercial banks and suppliers- a treatment more favourable than that accorded to the Participating Creditor Countries for credits of comparable maturity and legal nature.

For the purpose of the comparison between the arrangements concluded by the Government of the Republic of Honduras with its creditor countries not listed in the Agreed Minute on the one hand, and with the Participating Creditor Countries on the other hand, all relevant elements will be taken into account, including the real exposure of the creditor countries not listed in the Agreed Minute, the level of cash payments received by those creditor countries from the Government of the Republic of Honduras as compared to their share in the Republic of Honduras' external debt, the nature and characteristics of all treatment applied, including debt buy backs, and all characteristics of the reorganized claims and in particular their repayment terms whatever forms they take and in general the financial relations between the Government of the Republic of Honduras and the creditor countries not listed in the Agreed Minute.

Organisation of the session: 

Have attended:

Observers (institutions): 

HAITI - 19950530

Submitted by adminCDP on Tue, 29/09/2015 - 11:23
English

Debtor country: 

Creditor country: 

Terms: 

Treatment date: 

Tuesday, 30 May, 1995

Status of the treatment: 

Active

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 01, 1993

Organisation of the session: 

The meeting was chaired by Mr. Bertrand de MAZIERES, Vice President of the Paris Club.

The head of the debtor country's delegation was Mrs REY, Minister of Economy and Finance.

Observers (countries): 

Observers (institutions): 

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