You are here

Debt treatment -
January 24, 1992

Amounts treated

$65 million

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.

Zircon - This is a contributing Drupal Theme
Design by WeebPal.