Amounts treated
$7 320 million
Categories of debt treated
Treatment of maturities falling due from June 01, 1995 up to May 31, 1998
Repayment profile
Treatment under Classic terms
Specific provisions
Possibility to conduct debt swaps
Phases
- First phase : From June 01, 1995 up to June 30, 1996, implemented at the signature of the agreement
- Second phase : From July 01, 1996 up to June 30, 1997, implemented on November 26, 1996
- Third phase : From July 01, 1997 up to May 31, 1998, implemented on July 17, 1997
De minimis threshold of 1 000 000 SDR
Comparability of treatment provision
yes
Cut-off date
September 30, 1993
Organisation of the session
The meeting was chaired by M. Christian Noyer, Chairman of the Paris Club.
The head of the debtor country's delegation was M. Ahmed Benbitour, Minister of Finance.
Participating creditors
Observers