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Archived Series > World Economic and Financial Surveys

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Cover Multilateral Official Debt Rescheduling
Multilateral Official Debt Rescheduling
Recent Experience, November 1990
Mr. Jorge P. Guzmán
and
Mr. Michael G. Kuhn

Abstract

This paper reviews trends in official debt rescheduling and recent experience with debt renegotiations in the face of the persistent problems of heavily indebted developing countries.

Keywords:
WEFS; debtor country; debt; Paris Club creditor; debt-service reduction operation; Paris Club reschedulings; bank financing package; debt-service obligation; Debt service; Debt rescheduling; Debt reduction; Commercial banks; Debt service payments; Middle East; Eastern Europe