Definition: Deferred payments

External debt - IMF

In the context of Paris Club debt reschedulings, obligations that are not consolidated but postponed nonconcessionally, usually for a short time, as specified in the Agreed Minute.
Source:
International Monetary Fund (IMF), "External Debt Statistics: Guide for Compilers and Users; Appendix III. Glossary of External Debt Terms", Washington D.C., 2003
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