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DEBT CANCELLATION

Burundi

€ 2,434
Committed
-
Used

Agency

Ministero dell'Economia e delle Finanze - Artigiancassa

Channel reported

-

Description

DEBT CANCELLLATION AGREEMENT BETWEEN THE ITALIAN GOVERNEMENT AND THE GOVERNEMENT OF THE REPUBBLIC OF BURUNDI SIGNED IN BUJUMBURA ON 29.10.2004 AND LEGALLY ENTERED INTO FORCE ON 05.05.2005. THE AMOUNT CANCELLED IS REFERRED TO ALL DEBT DUE AT THE DATE OF SIGNATURE OF THE AGREEMENT RELATED TO AID LOANS FOR BOTH PRINCIPAL AND INTEREST, INCLUDING DEFAULT INTEREST AND LATE INTEREST. THE AMOUNT CANCELLED IS EQUAL TO USD 85.489,62 (OUT OF WHICH USD 82.464,65 CAPITAL USD 2.846,68 INTEREST AND 178,29 LATE INTEREST) RELATED TO AID LOAN 84/018 read more close

Aid type
Channels
Year Committed Used
2005 € 2,434 -

Project data

  • CRSID2005005551z
  • Purpose Debt forgiveness
  • Finance type Aid grant excluding debt reorganisation
  • Flow type ODA Grants
  • Bi/Multilateral Bilateral