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

See Examples For:

Paris Club

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

Wickremesinghe said negotiations on restructuring Sri Lanka’s foreign debt will be held with neighboring India and the Paris Club, a group of major creditor nations on one platform, and separately with China.

From Seattle Times ● Apr. 26, 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 loan from the IMF, both contingent on economic reforms.

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