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

"That is the first time ever that China and the Paris Club have generated joint rules."

From Reuters • Oct. 12, 2023

It has already begun talks with foreign creditors including groups such as Paris Club and countries including India and China to restructure the debt.

From Seattle Times • Jun. 28, 2023

"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

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

Despite structural adjustment   programs supported by the IMF, the World Bank, and the Paris Club,   the dirham is only fully convertible for current account   transactions.

From The 2008 CIA World Factbook by United States. Central Intelligence Agency