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Debt treatment -
May 07, 1993

Amounts treated

$36 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

Comparability of treatment provision

yes

Organisation of the session

Have attended:

Participating creditors
Observers
  • JAPAN, SPAIN, UNITED KINGDOM, UNITED STATES OF AMERICA
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