Amounts treated
$193 million
Categories of debt treated
Treatment of maturities falling due from June 01, 1989 up to June 30, 1990
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
Specific provisions
Good will clause
De minimis threshold of 500 000 SDR
Comparability of treatment provision
yes
Cut-off date
March 31, 1989
Organisation of the session
The meeting was chaired by M. Denis Samuel-Lajeunesse, Co Chairman of the Paris Club.
The head of the debtor country's delegation was M. Didier Dassi, Minister of Finance.
Participating creditors