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1/ History
Classic terms are the standard terms applied to a debtor country coming to the Paris Club.
As of today, 58 countries have benefited from the classic terms.
2/ Eligibility
Any country which has an appropriate program with the IMF that shows the need for Paris Club debt relief may benefit from classic terms.
3/ Description
Credits (whether ODA or non-ODA) are rescheduled at the appropriate market rate with a repayment profile negotiated on a case-by-case basis.
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