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    • Paris Club

Paris Club Newsletter
  • Zimbabwe demands major reductions on $19.2bn debt 01 Jun 2024 19:54 GMT

    … mentioned that heavy debt hampers the country’ … debt arrears clearance meeting. The country’s external creditors include Paris Club … creditors within the Paris Club are Germany, France … financial institutions and Paris Club member countries. Mthuli …

  • Zimbabwe to Seek ‘Deep Haircuts’ From Creditors Over $19 Billion Debt 30 May 2024 15:35 GMT

    … “Zimbabwe is currently in debt distress due to the … its debt. The list of external creditors includes the Paris Club, World … The nation’s five biggest Paris Club creditors are Germany, France, … to each of the 16 Paris Club bilateral creditors,” said Ncube. …

  • Somali Finance Minister Discusses Post-Debt Economic Priorities with UK, Norway, and Netherlands Officials 30 May 2024 12:17 GMT

    … focused on Somalia’s post-debt economic priorities, highlighting the … objectives. Somalia’s recent debt relief, which saw the … achievement, announced by the Paris Club in March 2024, has … discuss the country’s post-debt economic priorities. The discussions …

  • Road narrows for sovereign debt bill as New York legislative session nears end 29 May 2024 20:53 GMT

    … would retroactively affect sovereign debt contracts and its … to support countries undertaking debt restructurings." The bill … skirt the complications of debt restructurings, its detractors say … debt architecture without the input of the IMF, the Paris Club

  • Debt restructuring of Ghana, other African countries slow and difficult – AfDB President 28 May 2024 13:31 GMT

    … other commercial lenders, the debt treatment architecture, in the … you have Paris club members, you have non Paris club members, and … taking advantage of multilateral debt relief initiatives such as … to properly negotiate their debt treatment options. Using his …

  • Draft MoU from creditors on debt treatment received – Dr Adams 27 May 2024 08:32 GMT

    … Creditor Committee (OCC) for debt treatment under the Interna­tional … and endorsed by the Paris Club for 73 eligible developing … countries have requested for debt treatment, including Ghana. … completion of the external debt restructuring would help “unlock …

  • Restructuring Ghana’s $5.4bn debt: Key timelines for the tortuous journey 26 May 2024 03:49 GMT

    … other non-Paris Club nations. February 2023: Domestic debt exchange concludes with … Government and international bondholders commence debt restructuring negotiations. May 2023: … adherence. March 2024: Formal debt restructuring talks with international …

  • Ghana signs MoU to restructure $5.4 billion debt 25 May 2024 15:04 GMT

    … following an agreement by the Paris Club in January. Ghana defaulted on … its $30 billion external debt during the pandemic. Since … declared Ghana's debt unsustainable, aiming to reduce … the G20 Common Framework for debt restructuring. Ghana completed a …

  • Ghana seals debt restructuring deal with creditors 24 May 2024 16:20 GMT

    … official creditors under the Paris Club of creditors, agreed … its external debt restructuring programme. Read: Debt, pending bills … 's debt unsustainable in its Debt Sustainability Analysis … country concluded a domestic debt restructuring in October, …

  • Ghana's debt restructuring takes another step forward 24 May 2024 15:09 GMT

    … billion rescue package, with debt restructuring one of the … not in the traditional Paris Club of wealthy lending nations. … in international bonds start debt restructuring talks via their … any "state-contingent debt instruments", which link …

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