Definition: Eligible debt or debt service

External debt - IMF

In the context of the Paris Club, debt that can be rescheduled—namely, debt that is contracted before the cutoff date, with maturities of one year or longer.
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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