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 You are in: Under Secretary for Public Diplomacy and Public Affairs > Bureau of Public Affairs > Bureau of Public Affairs: Press Relations Office > Press Releases (Other) > 2001 > April 
Taken Questions
Richard Boucher, Spokesman
Washington, DC
April 2, 2001
Question taken at the April 2, 2001 Press Briefing

Yugoslavia: Certification Implications for Debt Rescheduling

QUESTION: Does the Secretary's certification of Yugoslavia have any implications for debt rescheduling for the Federal Republic of Yugoslavia?

ANSWER: .It is premature for us to comment on debt rescheduling for the Federal Republic of Yugoslavia. Data on Yugoslavia's debt situation is still being collected, and Yugoslav authorities are still in the process of negotiating a program with the international monetary fund -- a prerequisite to consideration of rescheduling by the Paris Club.

In the meantime, we will continue working with Yugoslav authorities and the International Monetary Fund and World Bank to establish sound policies that can help the Federal Republic of Yugoslavia stabilize its finances and build the basis for sustained economic growth.

QUESTION: Is a Paris club meeting scheduled to discuss Yugoslavia's debt?

ANSWER: The Paris Club meeting currently underway will include an exchange of views on Yugoslavia, among other countries. We refer you to the Paris Club for more information.

[end]


Released on April 3, 2001

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