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

The committee, co-chaired by India, Japan and France, consists of 17 members and includes Paris Club creditors as well as other official bilateral creditors.

From Reuters • May 9, 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