BENIN
Debt Treatment
-
June 22, 1989
|
Amounts treated
|
$193 million
|
|
Categories of debts treated
|
treatment of maturities falling due from
June 01, 1989
up to
June 30, 1990
|
|
Repayment profile
|
treatment under
Toronto terms
-
repayment of non ODA credits over
14
years
,
with
8
years of grace
, after cancellation to a rate of
33%
-
repayment of ODA credits over
25
years
with
14
years of grace
|
|
Specific provisions
|
good will clause
de minimis threshold of
500 000
SDR
|
|
Comparability of treatment provision
|
yes
|
|
Cutoff date
|
March 31, 1989
|
|
Organisation of the session
|
The meeting was chaired by
M. Denis Samuel-Lajeunesse,
Co Chairman of the Paris Club
The head of the debtor country's delegation was
M. Didier Dassi,
Minister of Finance
Participating creditors
BELGIUM
,
CANADA
,
FRANCE
,
GERMANY
,
NETHERLANDS
,
NORWAY
,
UNITED KINGDOM
,
UNITED STATES OF AMERICA
Observers
DENMARK
,
ITALY
,
JAPAN
,
IMF
,
OECD
,
UNCTAD
,
World Bank
|
|
