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Home page > ALBANIA - 19980722
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ALBANIA Debt Treatment - July 22, 1998

Amounts treated $74 million
Categories of debts treated treatment of arrears as of April 30, 1998
Repayment profile treatment under Naples 50% terms
  • repayment of non ODA credits over 23 years , with 6 years of grace , after cancellation to a rate of 50%
  • repayment of ODA credits over 40 years
Specific provisions
de minimis threshold of 150 000 SDR
payment of non-consolidated amounts before October 01, 1998
Comparability of treatment provision yes
Cutoff date September 30, 1993
Organisation of the session
Participating creditors
ITALY , RUSSIAN FEDERATION
Observers
AUSTRALIA , AUSTRIA , BELGIUM , CANADA , DENMARK , FINLAND , FRANCE , GERMANY , JAPAN , NETHERLANDS , NORWAY , SPAIN , SWEDEN , SWITZERLAND , UNITED KINGDOM , UNITED STATES OF AMERICA
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