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

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

Bringing China into the fold of the traditional Western-led "Paris Club" of creditor nations, and the "London Club" of private creditors like pension and hedge funds, has prompted enormous challenges.

From Reuters • Jun. 20, 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

The committee, co-chaired by India, Japan and France, consists of 17 members and includes Paris Club creditors as well as other official bilateral creditors.

From Reuters • May 9, 2023

Following   the signing of an IMF stand-by agreement in August 2000, Nigeria   received a debt-restructuring deal from the Paris Club and a $1   billion credit from the IMF, both contingent on economic reforms.

From The 2003 CIA World Factbook by United States. Central Intelligence Agency