The representatives of the Group of Creditors of Cuba and of the Government of the Republic of Cuba met in Paris on 16 and 17 January 2025 to amend the terms of the agreements dated 10 June 2021 and 12 December 2015.

Photo du Vice PM, le DG Trésor et la gouverneure

The Vice Prime minister Ricardo Cabrisas, Bertrand Dumont, chair of the Paris Club, the Governor Juliana Delgado

 

During the meeting, the delegation of the Republic of Cuba described its country’s complex economic and financial situation and its underlying factors, and the main policies and measures implemented and to be implemented for a continued execution of its development plan.

This rescheduling provides the Republic of Cuba with better conditions to deal with its economic and financial difficulties in the next few years. It will also preserve the relationship with the member countries of the Group of Creditors of Cuba through the full implementation of previous consolidation agreements.

 

>> Read in French 

 

Background note:

The Group of Creditors of Cuba includes Australia, Austria, Belgium, Canada, Denmark, Finland, France, Italy, Japan, the Netherlands, Spain, Sweden, Switzerland and the United Kingdom.

 

Useful links :

The Group of Creditors of Cuba and the Republic of Cuba agree to defer payments due under the 2015 agreement (10 June 2021)