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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

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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

From Reuters ● Oct. 12, 2023

William Roos, co-chairman of the Paris Club, had said on Wednesday that he proposed a plan which apparently was rejected.

From Reuters ● Sep. 1, 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

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

An agreement   rescheduling the country's $4.5 billion Paris Club government debts   was concluded in November 2001; it wrote off 66% of the debt.

From The 2004 CIA World Factbook by United States. Central Intelligence Agency

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