You are here

Debt treatment -
March 24, 1995

Amounts treated

$482 million

Categories of debt treated

Treatment of maturities falling due from January 01, 1995 up to December 31, 1997

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

De minimis threshold of 500 000 SDR

Comparability of treatment provision


Cut-off date

December 31, 1985

Organisation of the session

The meeting was chaired by M. Francis Mayer, Co President of the Paris Club.

The head of the debtor country's delegation was M. Fernando Cossio, Minister of Finance.

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