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| Definition: |
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In Paris Club restructuring agreements, the period in which debt-service payments to be restructured (the “current maturities consolidated”) have fallen or will fall due. The beginning of the consolidation period may precede, coincide with, or come after the date of the Agreed Minute. The standard consolidation period is one year, but sometimes debt payments over a two- or three-year period have been consolidated, corresponding with a multiyear arrangement with the IMF.
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| Source
Publication: |
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IMF, 2003, External Debt Statistics: Guide for Compilers and Users – Appendix III, Glossary, IMF, Washington DC.
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| Statistical
Theme: Financial statistics |
| Created
on Wednesday, August 27, 2003 |
| Last
updated on Monday, April 15, 2013 |
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