|
Supporting aggreements with the international institutions
|
Programme supported by an Arrangement under the Poverty Reduction and Growth Facility (PRGF) with the IMF
approved on
June 12, 2002
Download the IMF report :
PRGF Document
|
|
Total external debt of the country
|
$14300 million
as of
December 31, 2001
,
$9703 million
of which being due to the Paris Club as of
June 30, 2002
|
|
Amounts treated
|
$8980 million
,
of which
$4640 million
being canceled
,
of which
$4340 million M$
being rescheduled
|
|
Categories of debts treated
|
treatment of arrears as of
June 30, 2002
,
treatment of maturities falling due from
July 01, 2002
up to
March 31, 2006
|
|
Repayment profile
|
treatment under
Naples 67% terms
-
repayment of non ODA credits over
23
years
,
with
6
years of grace
-
repayment of ODA credits over
40
years
with
16
years of grace
|
|
Specific provisions
|
free transferability provision
Phases
-
First phase :
From
July 01, 2002
up to
June 29, 2003
implemented at the signature of the agreement
-
Second phase :
From
June 30, 2003
up to
June 30, 2004
implemented at
November 17, 2003
-
Third phase :
From
July 01, 2004
up to
March 31, 2006
implemented at
July 26, 2004
payment of non-consolidated amounts before
March 31, 2003
|
|
Comparability of treatment provision
|
yes
|
|
Cutoff date
|
June 30, 1983
|
|
Organisation of the session
|
The meeting was chaired by
Ambroise FAYOLLE,
vice chairman of the Paris Club
The head of the debtor country's delegation was
Mr Mbuyamu MATUNGULU,
Minister of Economy, Finances and Budget
Participating creditors
AUSTRIA
,
BELGIUM
,
BRAZIL
,
CANADA
,
FRANCE
,
GERMANY
,
ITALY
,
JAPAN
,
NETHERLANDS
,
NORWAY
,
SPAIN
,
SWEDEN
,
SWITZERLAND
,
UNITED KINGDOM
,
UNITED STATES OF AMERICA
Observers
DENMARK
,
RUSSIAN FEDERATION
,
African Development Bank
,
European Commission
,
IMF
,
OECD
,
UNCTAD
,
World Bank
Press release
Read the press release
Download the press release in PDF
|
|
