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Debt treatment -
March 22, 1995

Amounts treated

$848 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

Have attended:

Observers
  • AUSTRALIA, AUSTRIA, BELGIUM, BRAZIL, DENMARK, ISRAEL, JAPAN, NORWAY, SWEDEN, UNITED KINGDOM
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