VOL. XLVI

No 16

21-April-2003

JORDAN

Switzerland, Italy Reschedule $47Mn Of Jordans Debt

Switzerland and Italy have rescheduled a total of $47mn of Jordans debt, thereby implementing the decision reached following Paris Club negotiations last July which resulted in a total of $1.2bn of Jordans debt being rescheduled (MEES, 5 August and 15 July 2002). The Swiss-Jordanian accord sees $13mn rescheduled out of total debt to Switzerland of $39mn, while the agreement with Italy rolls over $34mn out of a...