Central Banking

Cuba to aim for new debt timetable

Cuba will present its case for a multilateral rescheduling of its foreign debt to western creditor governments this week. Today Cuban central bank officials and representatives of the Paris Club group of creditor nations are due to meet in the French capital. If successful Cuba could win a rescheduling of a sizeable part of its total $11bn foreign debt, breaking nearly 15 years of deadlock with official western creditors. Cuban officials made it clear that President Fidel Castro's government