You are here

Debt treatment -
March 07, 2002

Supporting agreements with the international institutions

Program with the IMF approved on December 06, 2001

Download the IMF report : IMF report

Total external debt of the country

$1 500 million as of December 31, 2000

$451 million of which being due to Paris Club as of November 30, 2001

Amounts treated

Accorded treatment

Restructuring of the external debt

Categories of debt treated

Treatment of maturities falling due from December 06, 2001 up to April 05, 2005

Repayment profile

Treatment under Houston terms

  • repayment of non ODA credits over 20 years, with 5 years of grace
  • repayment of ODA credits over 20 years with 10 years of grace

Specific provisions

Possibility to conduct debt swaps

Good will clause



  • First phase : From December 06, 2001 up to December 05, 2002, implemented at the signature of the agreement
  • Second phase : From December 06, 2002 up to December 05, 2003, implemented on March 14, 2004
  • Third phase : From December 06, 2003 up to April 05, 2005, implemented on April 05, 2004

De minimis threshold of 250 000 SDR

Payment of non-consolidated amounts before December 01, 2002

Comparability of treatment provision


Cut-off date

August 31, 2001

Organisation of the session

The meeting was chaired by Mr. Ambroise Fayolle, Vice chairman of the Paris Club;

The head of the debtor country's delegation was Mr. Bolot Abildaev, Minister of Finance.


Files attached

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