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Debt treatment -
February 28, 1995

Amounts treated

$24 million

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

Comparability of treatment provision

yes

Organisation of the session

Written notification signed by Mr. Bertrand de MAZIERES, Vice President of the Paris Club, to Mrs. Mariam MAHAMA NOUR, MInister of Planning and Cooperation.

Participating creditors
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