SIERRA LEONE
Debt Treatment
-
July 10, 2002
|
Supporting aggreements with the international institutions
|
Programme suppported by an Arrangement under the Poverty Reducttion and Growth Facility (PRGF) with the IMF
approved on
September 26, 2001
Download the IMF report :
letter of intent
Download the IMF report :
Decision Point Document for the Enhnced Heavily Indebted Poor Countries (HIPC) Initiative
|
|
HIPC Initiative
|
Decision point
reached on
March 19, 2002
|
|
Amounts treated
|
$3 million
,
of which
$3 million
being canceled
|
|
Categories of debts treated
|
treatment of maturities falling due from
March 01, 2002
up to
May 30, 2007
|
|
Repayment profile
|
treatment under
Cologne terms
(cancellation rate of
90% )
|
|
Specific provisions
|
Phases
-
First phase :
From
March 01, 2002
up to
September 30, 2002
implemented at the signature of the agreement
-
Second phase :
From
October 01, 2002
up to
September 30, 2003
implemented at
November 13, 2002
-
Third phase :
From
October 01, 2003
up to
May 30, 2007
implemented at
March 29, 2004
|
|
Comparability of treatment provision
|
yes
|
|
Cutoff date
|
July 01, 1983
|
|
Organisation of the session
|
Participating creditors
AUSTRIA
,
BELGIUM
,
FRANCE
,
GERMANY
,
ITALY
,
JAPAN
,
NETHERLANDS
,
NORWAY
,
RUSSIAN FEDERATION
,
SWITZERLAND
,
UNITED KINGDOM
,
UNITED STATES OF AMERICA
|
|
