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

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Paris Club

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

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

Paris Club members with no claims on Sri Lanka as well as China, Saudi Arabia and Iran were observers to the meeting, according to the statement.

From Reuters ● May 9, 2023

In addition, the Paris Club and other creditors have offered substantial debt relief.

From The 1999 CIA World Factbook by United States. Central Intelligence Agency