The Paris Club is an informal international organization of private creditors first established in 1976 to address repayment problems experienced by Zaire.

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The Paris Club is an informal group of official creditors whose role is to find coordinated and sustainable solutions to the payment difficulties experienced by debtor countries. It was established in 1956, not 1976, and it deals with public debt, not private creditors.

The Paris Club Is an Informal International Organization of Private