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Chad Enhanced Heavily Indebted Poor Countries Initiative Completion Point Document And Multilateral Debt Relief Initiative
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Book Synopsis Chad by : International Monetary Fund. African Dept.
Download or read book Chad written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2015-05-13 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the status of Chad under Enhanced Heavily Indebted Poor Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI). Chad does not qualify for topping-up under the Enhanced HIPC Initiative based on end-2013 debt data. Creditors accounting for more than 87 percent of total HIPC-eligible debt have given satisfactory assurances of their participation in the enhanced HIPC Initiative. Nearly all multilateral creditors and Paris Club creditors have agreed to participate. The authorities are working toward obtaining participation of all the remaining creditors. Upon reaching the completion point under the Enhanced HIPC Initiative, Chad will also qualify for additional debt relief under the MDRI.
Book Synopsis Chad: Enhanced Heavily Indebted Poor Countries Initiative - Completion Point Document And Multilateral Debt Relief Initiative by : International Monetary Fund. African Dept.
Download or read book Chad: Enhanced Heavily Indebted Poor Countries Initiative - Completion Point Document And Multilateral Debt Relief Initiative written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2015-05-13 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the status of Chad under Enhanced Heavily Indebted Poor Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI). Chad does not qualify for topping-up under the Enhanced HIPC Initiative based on end-2013 debt data. Creditors accounting for more than 87 percent of total HIPC-eligible debt have given satisfactory assurances of their participation in the enhanced HIPC Initiative. Nearly all multilateral creditors and Paris Club creditors have agreed to participate. The authorities are working toward obtaining participation of all the remaining creditors. Upon reaching the completion point under the Enhanced HIPC Initiative, Chad will also qualify for additional debt relief under the MDRI.
Book Synopsis Chad by : International Monetary Fund. African Dept.
Download or read book Chad written by International Monetary Fund. African Dept. and published by . This book was released on 2015 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the status of Chad under Enhanced Heavily Indebted Poor Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI). Chad does not qualify for topping-up under the Enhanced HIPC Initiative based on end-2013 debt data. Creditors accounting for more than 87 percent of total HIPC-eligible debt have given satisfactory assurances of their participation in the enhanced HIPC Initiative. Nearly all multilateral creditors and Paris Club creditors have agreed to participate. The authorities are working toward obtaining participation of all the remaining creditors. Upo.
Book Synopsis Heavily Indebted Poor Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI)—Statistical Update by : International Monetary Fund
Download or read book Heavily Indebted Poor Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI)—Statistical Update written by International Monetary Fund and published by International Monetary Fund. This book was released on 2019-08-06 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report reviews developments in the implementation of the Heavily Indebted Poor Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI). It also provides updates on debt service and poverty-reducing expenditure by beneficiary countries, as well as on the cost of debt relief, creditor participation rates, and litigation against HIPCs.
Book Synopsis Heavily Indebted Poor Countries Initiative - Statistical Update by : International Monetary Fund
Download or read book Heavily Indebted Poor Countries Initiative - Statistical Update written by International Monetary Fund and published by International Monetary Fund. This book was released on 2006-03-21 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This document updates the information provided in the September 2005 Heavily Indebted Poor Countries (HIPC) Initiative – Status of Implementation report. It deals exclusively with the enhanced HIPC Initiative, and does not consider the implications of the Multilateral Debt Relief Initiative (MDRI).
Book Synopsis Heavily Indebted Poor Countries Initiative and Multilateral Debt Relief Initiative - Statistical Update by : World Bank
Download or read book Heavily Indebted Poor Countries Initiative and Multilateral Debt Relief Initiative - Statistical Update written by World Bank and published by International Monetary Fund. This book was released on 2013-11-04 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides an update on the status of implementation of the HIPC Initiative and the MDRI over the past year. Given that most HIPCs have reached the completion point, in November 2011, the IMF and IDA Boards2 endorsed staff’s proposal to further streamline reporting of progress under the HIPC Initiative and MDRI. It was agreed that the annual HIPC Initiative/MDRI status of implementation report will be discontinued, while the core information—on debt service and poverty reducing expenditure, the cost of debt relief, creditor participation rates, and litigation against HIPCs—should continue to be made available and updated regularly on the IMF and World Bank websites.
Book Synopsis Initiative for Heavily Indebted Poor Countries (HIPC) and Multilateral Debt Relief Initiative (MDRI) - Status of Implementation by : International Monetary Fund
Download or read book Initiative for Heavily Indebted Poor Countries (HIPC) and Multilateral Debt Relief Initiative (MDRI) - Status of Implementation written by International Monetary Fund and published by International Monetary Fund. This book was released on 2006-08-21 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report reviews progress and issues in implementing the enhanced Heavily Indebted Poor Countries (HIPC) Initiative and reports on the implementation of the Multilateral Debt Relief Initiative (MDRI) by IDA, the IMF, and AfDF. It concludes that the volume of debt relief has increased significantly since the inception of the HIPC Initiative in 1996, thereby reducing HIPCs’ debt service burdens and allowing them to finance increased poverty reduction efforts. It also provides updated information on the costs of debt relief under the HIPC Initiative and the MDRI. Finally, it reviews the status of creditor participation and delivery of debt relief under the two initiatives, highlighting the challenges to increase the participation by non–Paris Club official bilateral and commercial creditors in the HIPC Initiative.
Book Synopsis Liberia by : International Monetary Fund
Download or read book Liberia written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-07-06 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Liberia Poverty Reduction Strategy (LPRS) was completed in March 2008. Since reaching the decision point in March 2008, Liberia has maintained macroeconomic stability. The global financial crisis adversely impacted Liberia shortly after the LPRS was released. Investments were postponed, and export revenues were sharply reduced in the rubber sector as external demand weakened. The authorities’ strict adherence to a cash-based balanced budget, in place since February 2006, has contributed substantially to regaining fiscal discipline, putting debt on a downward path while also increasing pro-poor expenditures.
Book Synopsis Heavily Indebted Poor Countries Initiative - Status of Implementation by : International Monetary Fund
Download or read book Heavily Indebted Poor Countries Initiative - Status of Implementation written by International Monetary Fund and published by International Monetary Fund. This book was released on 2005-08-19 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report reviews progress and issues in implementing the enhanced HIPC Initiative. In addition to updating information on the delivery of HIPC debt relief and its estimated costs, it discusses two particular issues: the decline in the participation of commercial and non-Paris Club bilateral creditors to the Initiative; and the preliminary list of countries that satisfy the indebtedness eligibility criterion under the extended HIPC sunset clause.
Book Synopsis The Federal Democratic Republic of Ethiopia by : International Monetary Fund
Download or read book The Federal Democratic Republic of Ethiopia written by International Monetary Fund and published by International Monetary Fund. This book was released on 2004-04-26 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses Ethiopia’s economic progress under the Enhanced Initiative for Heavily Indebted Poor Countries (HIPC) Initiative, and seeks approval of the IMF staff for the completion point under the initiative. It reviews the status of creditor participation, the delivery of debt relief to Ethiopia, updates the debt sustainability analysis, and provides an analysis of the sensitivity of the debt indicators to changes in macroeconomic variables. Executive Directors determine that Ethiopia has reached the completion point under the Enhanced HIPC Initiative.
Book Synopsis Sierra Leone by : International Monetary Fund
Download or read book Sierra Leone written by International Monetary Fund and published by International Monetary Fund. This book was released on 2007-01-24 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explains Sierra Leone’s completion point under the Enhanced Initiative for Heavily Indebted Poor Countries (HIPC) and debt relief under the Multilateral Debt Relief Initiative (MDRI). With enhanced HIPC and MDRI assistance, Sierra Leone will achieve a debt profile below the HIPC threshold. Assurances have been obtained regarding participation in the enhanced HIPC Initiative from creditors representing more than 81 percent of the relief to be provided. The sensitivity analysis shows that Sierra Leone’s external debt sustainability could be jeopardized by adverse shocks and financing on nonconcessional terms.
Book Synopsis Haiti by : International Monetary Fund
Download or read book Haiti written by International Monetary Fund and published by International Monetary Fund. This book was released on 2009-09-14 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses Haiti’s progress under the Enhanced Initiative for Heavily Indebted Poor Countries. Substantial advances have been made toward meeting the four triggers not fully implemented, and the authorities are committed to further progress in the near future. These triggers relate to publication of audited government accounts, implementation of a new procurement law, education funding, teacher training and school inspections, and increasing immunization rates. Haiti’s parliament passed a new procurement law in June 2009, which is in line with international best practices.
Book Synopsis Heavily Indebted Poor Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI) - Status of Implementation by : World Bank
Download or read book Heavily Indebted Poor Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI) - Status of Implementation written by World Bank and published by International Monetary Fund. This book was released on 2007-10-15 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides an update on the status of implementation, impact and costs of the enhanced Heavily Indebted Poor Country (HIPC) Initiative and the Multilateral Debt Relief Initiative (MDRI) since mid-2006. It also discusses the status of creditor participation in both initiatives and the issue of litigation of commercial creditors against HIPCs.
Book Synopsis Ghana by : International Monetary Fund
Download or read book Ghana written by International Monetary Fund and published by International Monetary Fund. This book was released on 2004-08-09 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper highlights Ghana’s poverty reduction strategy. The paper also highlights Ghana’s performance in observing the requirements for reaching the floating completion point under the framework, including implementation of the national poverty reduction strategy. The updated debt sustainability analysis shows that the amount of debt relief estimated at the decision point will be sufficient to bring the country’s debt burden indicators to manageable levels. The sensitivity analysis shows that, after completion point, Ghana’s debt sustainability would be robust to moderate country-specific shocks, even of a persistent nature.
Author :International Monetary Fund Publisher :INTERNATIONAL MONETARY FUND ISBN 13 :9781451802986 Total Pages :67 pages Book Rating :4.8/5 (29 download)
Book Synopsis Burundi - Enhanced Heavily Indebted Poor Countries Initiative - Completion Point Document and Multilateral Debt Relief Initiative by : International Monetary Fund
Download or read book Burundi - Enhanced Heavily Indebted Poor Countries Initiative - Completion Point Document and Multilateral Debt Relief Initiative written by International Monetary Fund and published by INTERNATIONAL MONETARY FUND. This book was released on 2009-03-10 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the progress made by Burundi under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative. Burundi has made satisfactory progress in achieving the completion point triggers. It has fully implemented the triggers on preparing and implementing a Poverty Reduction Strategy Paper (PRSP) and maintaining a stable macroeconomic environment. The paper recommends that the Executive Directors of the International Development Association (IDA) and the IMF approve the completion point for Burundi under the enhanced HIPC Initiative.
Book Synopsis Rwanda by : International Monetary Fund
Download or read book Rwanda written by International Monetary Fund and published by International Monetary Fund. This book was released on 2005-06-06 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents the Completion Point Document for consideration of Rwanda’s Enhanced Initiative for Heavily Indebted Poor Countries. The government has maintained the policy of protecting social sector budget allocations from cuts during the course of the fiscal year, and military spending has progressively been reduced, which has also enabled a reallocation of resources to priority areas. Moreover, since the 2002 budget cycle, expenditures have been classified in all ministries according to programs and sub-programs, expected outputs, activities, and inputs.
Book Synopsis Heavily Indebted Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI)--Status of Implementation by : International Monetary Fund
Download or read book Heavily Indebted Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI)--Status of Implementation written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-09-14 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides an update on the status of implementation, impact, and costs of the Heavily Indebted Poor Country (HIPC) Initiative and the Multilateral Debt Relief Initiative (MDRI). Debt relief provided under the Initiatives has substantially alleviated debt burdens in recipient countries. Through the continued use by IDA and the Fund of the flexibility available in the framework governing the HIPC Initiative and the MDRI, significant progress has been achieved under the Initiatives since the last report.
