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Club de Paris Skip to main content English Français Menu About us Who are we ?Permanents members Ad Hoc Participants Observers How do we work?Our meetings Steps in a negociation meeting The chair The Secretariat What are the main principles underlying Paris Club work ?The six principles What does comparability of treatment mean? Implementing legally binding bilateral agreements History Debt treated The debt of developping countriesGeneralities Classification The debt treated in Paris Club agreements Definition of debt treated Flow and stock treatments Debt treatments granted Rescheduling and cancellationStandard terms of treatment Evian approach HIPC initiative Exceptional treatments in case of crisis Debt swap provision Early repaymentsEarly repayments operations Data Key figures Paris Club claimsAs of 31 December 2019 As of 31 December 2018 As of 31 December 2017 As of 31 December 2016 As of 31 December 2015 As of 31 December 2014 As of 31 December 2013 As of 31 December 2012 As of 31 December 2011 As of 31 December 2010 As of 31 December 2009 As of 1st September 2008 Tanzania benefits from the debt service suspension initiativeOctober 23, 2020Extension of DSSI and common framework for debt treatmentsOctober 14, 2020Madagascar benefits from the debt service suspension initiativeOctober 12, 2020Yemen benefits from the debt service suspension initiativeOctober 07, 2020Mozambique benefits from the debt service suspension initiativeSeptember 29, 2020 The Paris Club is an informal group of official creditors whose role is to find coordinated and sustainable solutions to the payment difficulties experienced by debtor countries. As debtor countries undertake reforms to stabilize and restore their macroeconomic and financial situation, Paris Club creditors provide an appropriate debt treatment. Paris Club creditors provide debt treatments to debtor countries in the form of rescheduling, which is debt relief by postponement or, in the case of concessional rescheduling, reduction in debt service obligations during a defined period (flow treatment) or as of a set date (stock treatment).
The origin of the Paris Club dates back to 1956 when Argentina agreed to meet its public creditors in Paris. Since then, the Paris Club has reached 469 agreements with 98 different debtor countries. Since 1956, the debt treated in the framework of Paris Club agreements amounts to $ 588 billion. 588billion$
Total amount of debt 469
Total amount of agreements 98
Debtor countries 60
Countries in "Classic Terms" > Read more
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