Term:
Paris Club
Definition:
The Paris Club is a forum of official creditors for negotiating debt restructuring. It is an informal intergovernmental group convened to renegotiate debts to official creditors.
Domain:
Finance
Source:
External Debt: Definition, Statistical Coverage and Methodology, A Report by an International Working Group on External Debt Statistics of the World Bank, IMF, BIS, OECD, OECD, Paris, 1988, Glossary
