Jordan Reschedules $800Mn Of Debt With Paris Club
The Paris Club of creditors announced following a meeting inParis on 21 May that it had agreed to reschedule $800mn of Jordan痴 foreigndebt and $200mn in loan installments and interest issued by non-Paris Clubcountries. Under the agreement, members of the Paris Club of creditors will beable to undertake debt for equity or local currency debt swaps, or debt foraid. Dr. Michel Martu, Jordan痴 Minister of Finance,...
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