Paris Club

British  

noun

1. an informal group of representatives from IMF member nations whose governments or central banks have lent money to governments of other countries See Group of Ten

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Example Sentences

"We've successfully worked with the Paris Club and other creditors to determine the parameters for official debt restructuring under the G20 common framework for debt treatment," Ofori-Atta told journalists in Accra on Sunday.

From Reuters • Jun. 18, 2023

The Group of 20 pledged to streamline debt treatments through its Common Framework platform and seeks comparable relief from bilateral creditors such as the Paris Club and China.

From Reuters • Jun. 1, 2023

Sri Lanka owes $7.1 billion to its creditors, with $3 billion owed to China, $1.6 billion to India and $2.4 billion to the Paris Club, a group of creditor nations.

From Reuters • May 25, 2023

He said loan restructuring talks will begin with India together with the Paris Club, a group of major creditor nations, and separately with China.

From Seattle Times • Apr. 28, 2023

Debt reduction agreements with Paris Club creditors and rescheduling with the US also took place.

From The 1996 CIA World Factbook by United States. Central Intelligence Agency