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

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

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

The Paris Club and bilateral   creditors have eased the external debt situation, with Benin   benefiting from a G8 debt reduction announced in July 2005, while   pressing for more rapid structural reforms.

From The 2006 CIA World Factbook by United States. Central Intelligence Agency