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Niger - Debt Reduction Program Project (Английский)

The grant provides up to US$10 million from the Debt Reduction Facility for IDA-Only Countries in support of the Government of Niger's commercial bank debt reduction program. Under this program, commercial banks will be able to exchange their eligible claims against Niger for: (a) short-term non-interest bearing notes issued by the Republic of Niger with a face value equal to 18 percent of the principal amount outstanding and guaranteed by Banque...
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