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Debt treatment -
March 23, 1994

Amounts treated

$1 849 million

Repayment profile

Treatment under London terms (cancellation rate of 50%)

  • repayment of non ODA credits over 30 years, with 12 years of grace, after cancellation to a rate of 50%
  • repayment of ODA credits over 23 years with 6 years of grace

Specific provisions

Possibility to conduct debt swaps

Comparability of treatment provision


Organisation of the session

The meeting was chaired by Mr. Christian NOYER, Chairman of the Paris Club.

The head of the debtor country's delegation was Mr. N'goran NIAMIEN, Special Minister to the Prime Minister for the Economy, Finance and Planning.

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