Official Creditor

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Official Creditor

A government or international organization that lends, especially to another government or international organization. A major example is the International Monetary Fund. The term is most common in international development.
References in periodicals archive ?
Moreover, the post-program surveillance procedure does not give the "troika" of official creditors -- the European Commission, the ECB, and the International Monetary Fund -- the leverage over Greece that they desire.
Moreover, the post-programme surveillance procedure does not give the "troika" of official creditors -- the European Commission, the ECB, and the International Monetary Fund -- the leverage over Greece that they desire.
On Saturday the Greek government reached a staff-level agreement with its official creditors on reforms supporting the review.
There is a degree of hypocrisy in the comments of the Anastasiades team with respect to our proposal," Papadopoulos complained in the radio interview and added he had not proposed not to timely repay Cyprus's debt to its official creditors who financed the 2013 bailout.
Over the coming months, it will be important for the authorities to continue to pursue a coordinated approach to secure assurances of support from other official creditors to reduce debt vulnerabilities.
The prolonged negotiations with official creditors to conclude the second review of Greece's third bailout increasingly resemble the catastrophic standoff with creditors in the first half of 2015 that led the country to the brink of Grexit.
Creating a proper parliament, able to dismiss the executive, would destroy the European Parliament's "current make-up" and usher in a democratic politics that would prevent official creditors from crushing countries like Greece.
Providing an upfront unconditional component to debt relief is critical to provide a strong and credible signal to markets about the commitment of official creditors to ensuring debt sustainability," the lender of last resort said in its Debt Sustainability Analysis released on Monday.
Now the official creditors said: 'Within limits, we will support you'.
The prospect of fiscal disbursements from Greece's official creditors is highly uncertain.
The IMF would also need to see sufficient progress in Greece on policy reforms and the official creditors to help with debt relief to make the program sustainable.
The small refund comes after Athens missed the second debt payment to the International Monetary Fund in two weeks on Monday, despite having reached agreement with official creditors on a new bailout programme earlier in the day.