Investor Presentaiton
COTE D'IVOIRE INVESTOR MEETING
The Agreement with The Paris Club Was Negotiated According to HIPC
Initiative Rules (cont'd)
■ On top of this treatment, Cote d'Ivoire asked for an exceptional treatment of Post Cut-Off Date' debts (US$ 1626 million)
■ According to Paris Club standard rules, creditors examined the residual capacity for payment of Cote d'Ivoire after full payment of
multilateral creditors before elaborating a treatment of "Post Cut-Off Date " claims
The Ivorian authorities highlighted the very limited capacity for payment of the country compared to the financial framework
established in 2009 before the previous Paris Club agreement to ask for more favorable terms of treatment compared to 2009
Debts That Were Subject To The Paris Club Debt Treatment Agreement On November 15, 2011
Maturities falling due over the consolidation
Arrears as of June 30,
Millions USD
Debt Stock as of July 1, 2011
2011
Pre COD Debts
3840
30
Post COD Debts
3345
164
TOTAL
7185
194
*Including late interests
15 |
period
666
1455
2121
Total (Arrears +
Maturities)*
696
1627
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