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DEBT CANCELLATION

Ghana

€ 203,181
Committed
-
Used

Agency

Ministero dell'Economia e delle Finanze - Artigiancassa

Channel reported

-

Description

DEBT CANCELLATION AGREEMENT BETWEEN THE ITALIAN GOVERNMENT AND THE GOVERNMENT OF THE REPUBBLIC OF GHANA SIGNED IN PARIS ON 22.07.2004 AND LEGALLY ENTERED INTO FORCE ON 01.06.2005. THE AMOUNT CANCELLED IS REFERRED TO ALL CONTRACTS AND FINANCIAL CONVENTIONS CONCLUDED BEFORE JUNE 20TH 1999. THE AMOUNT CANCELLED INCLUDES LATE INTEREST ON DEBTS, ABOVE-MENTIONED, CALCULATED FROM THE DUE DATES AND ACCRUED UP TO THE DATE OF THE AGREEMENT.THE AMOUNT CANCELLED IS EQUAL TO: EUR 16.397.411,54 (OUT OF WHICH EUR 15.787.472,91 CAPITAL EUR 560.166,59 INTERESTS AND EUR 49.772,04 LATE INTERESTS) RELATED TO AID LOAN: 88/010-87/043-01/905/02-01/908/02; USD 5.245.320,54 (OUT OF WHICH USD 5.068.601,48 CAPITAL AND USD 145.765,25 INTERESTS AND USD 30.953,81 LATE INTERESTS) RELATED TO AID-LOAN: 86/018-86/027-01/905/01-01/908/01. read more close

Aid type
Channels
Year Committed Used
2005 € 203,181 -

Project data

  • CRSID2005055559
  • Purpose Debt forgiveness
  • Finance type Aid grant excluding debt reorganisation
  • Flow type ODA Grants
  • Bi/Multilateral Bilateral