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Supporting aggreements with the international institutions
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Program with the IMF supported by an Arrangement under the Poverty Reduction and Growth Facility (PRGF
approved on
July 17, 2000
Download the IMF report :
letter of intent
Download the IMF report :
Completion Point Document for the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative
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HIPC Initiative
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Completion point
reached on
March 24, 2003
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Total external debt of the country
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$1368 million
as of
December 31, 2001
,
$201 million
of which being due to the Paris Club as of
March 01, 2003
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Amounts treated
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$60 million
,
of which
$60 million
being canceled
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Categories of debts treated
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treatment of arrears as of
February 28, 2003
,
treatment of the stock as of
March 01, 2003
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Repayment profile
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treatment under
HIPC Initiative Exit terms
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Comparability of treatment provision
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The Republic of Benin commits not to accord any category of creditors -and in particular creditor countries not participating in the present Agreed Minute, commercial banks and suppliers- a treatment more favourable than that accorded to the Participating Creditor Countries.
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Cutoff date
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March 31, 1989
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Organisation of the session
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The meeting was chaired by
M. Ambroise Fayolle,
Vice-President of Paris Club
The head of the debtor country's delegation was
M. Grégoire Laourou,
Minister of Economy and Finance
Participating creditors
FRANCE
,
GERMANY
,
ITALY
,
NETHERLANDS
,
NORWAY
,
RUSSIAN FEDERATION
,
UNITED KINGDOM
Observers
BELGIUM
,
CANADA
,
JAPAN
,
SPAIN
,
UNITED STATES OF AMERICA
,
IMF
,
UNCTAD
,
World Bank
Press release
Read the press release
Download the press release in PDF
|