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Debt treatment -
May 30, 1995

Amounts treated

$117 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


Cut-off date

October 01, 1993

Organisation of the session

The meeting was chaired by Mr. Bertrand de MAZIERES, Vice President of the Paris Club.

The head of the debtor country's delegation was Mrs REY, Minister of Economy and Finance.

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