Amounts treated
$228 million
Categories of debt treated
Treatment of maturities falling due from October 01, 1988 up to December 31, 1989
Repayment profile
Treatment under Classic terms
Specific provisions
Phases
- First phase : From October 01, 1988 up to September 30, 1989, implemented at the signature of the agreement
- Second phase : From October 01, 1989 up to September 30, 1990, not implemented
De minimis threshold of 500 000 SDR
Payment of non-consolidated amounts before January 31, 1989
Comparability of treatment provision
yes
Cut-off date
December 31, 1985
Organisation of the session
The meeting was chaired by M. Denis Samuel-Lajeunesse, Co President of Paris Club.
The head of the debtor country's delegation was M. Fernando Romero, Minister for Planning and Coordination.
Participating creditors
Observers
- CANADA, DENMARK, ISRAEL, ITALY, NORWAY, SPAIN, SWEDEN