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

The island's debt restructuring is also being discussed at a meeting of the Institute of International Finance and Paris Club scheduled for later in the day, according to the agenda seen by Reuters.

From Reuters • Sep. 27, 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

Sri Lanka owes $7.1 billion to bilateral creditors, government data show, with $3 billion owed to China, followed by $2.4 billion to the Paris Club and $1.6 billion to India.

From Reuters • May 9, 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

Algeria's   financial and economic indicators improved during the mid-1990s, in   part because of policy reforms supported by the IMF and debt   rescheduling from the Paris Club.

From The 2001 CIA World Factbook by United States. Central Intelligence Agency