- International Monetary Fund
- Published Date:
- January 1986
©1987 International Monetary Fund
Library of Congress Cataloging-in-Publication Data
Dillon, K. Burke.
Recent experience with multilateral official debt rescheduling.
(World economic and financial surveys ISSN 0258-7440) “February 87.”
1. Loans, Foreign 2. Debt relief. 3. Debts, External. 4. Loans, Foreign—Developing countries. 5. Debt relief—Developing countries. 6. Debts, External—Developing countries. I. Oliveros, Gumersindo. II. Title. III. Series. HG3891.5.D55 1987 336.3’434 87-2633
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The following symbols have been used throughout this paper:
… to indicate that data are not available;
— to indicate that the figure is zero or less than half the final digit shown, or that the item does not exist;
– between years or months (e.g., 1984–85 or January–June) to indicate the years or months covered, including the beginning and ending years or months;
between years (e.g., 1985/86) to indicate a crop or fiscal (financial) year.
“Billion” means a thousand million.
Minor discrepancies between constituent figures and totals are due to rounding.
This study was prepared in the External Finance Division in the Exchange and Trade Relations Department of the International Monetary Fund by K. Burke Dillon, Division Chief, and Gumersindo Oliveros, Economist. Research assistance was ably provided by Amelia Wu of the Exchange and Trade Relations Department. Staff in other departments also provided valuable suggestions. The study draws on material of earlier Fund studies by staff teams headed by Eduard Brau, Richard Williams, K. Burke Dillon, and C. Maxwell Watson. The authors wish to thank the editor, Joslin Landell-Mills of the External Relations Department.
The present study was completed in July 1986 and reflects developments up to June 1986. While the paper has benefited from comments by members of the Executive Board and by other members of the staff of the Fund, opinions expressed are those of the authors and do not necessarily represent the views of Executive Directors or of other staff members.
It should be noted that the term “country” used in this report does not in all cases refer to a territorial entity that is a state as understood by international law and practice. The term also covers some territorial entities that are not states but for which statistical data are maintained and provided internationally on a separate and independent basis.