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Initiative for Heavily Indebted Poor Countries (HIPC) and Multilateral Debt Relief Initiative (MDRI)-Status of Implementation and Proposals for the Future of the HIPC Initiative

Initiative for Heavily Indebted Poor Countries (HIPC) and Multilateral Debt Relief Initiative (MDRI)-Status of Implementation and Proposals for the Future of the HIPC Initiative
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 72
Release: 2011-08-11
Genre: Business & Economics
ISBN: 1498338291

Download Initiative for Heavily Indebted Poor Countries (HIPC) and Multilateral Debt Relief Initiative (MDRI)-Status of Implementation and Proposals for the Future of the HIPC Initiative Book in PDF, ePub and Kindle

This report aims to accomplish three objectives: (a) it 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); (b) it proposes a modification of the reporting of progress under the initiatives, including the discontinuation of the annual status of implementation reports, and the preparation of periodic reports on debt vulnerabilities in low income countries (LICs), including HIPCs; and (c) it proposes a further ring-fencing of the list of countries eligible or potentially eligible for debt relief under the HIPC Initiative based on end-2010 income and indebtedness criteria.


Heavily Indebted Poor Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI)—Statistical Update

Heavily Indebted Poor Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI)—Statistical Update
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 52
Release: 2019-08-06
Genre: Business & Economics
ISBN: 1513510096

Download Heavily Indebted Poor Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI)—Statistical Update Book in PDF, ePub and Kindle

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.


Heavily Indebted Poor Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI) - Status of Implementation

Heavily Indebted Poor Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI) - Status of Implementation
Author: World Bank
Publisher: International Monetary Fund
Total Pages: 106
Release: 2007-10-15
Genre: Business & Economics
ISBN: 1498333281

Download Heavily Indebted Poor Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI) - Status of Implementation Book in PDF, ePub and Kindle

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.


Heavily Indebted Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI)--Status of Implementation

Heavily Indebted Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI)--Status of Implementation
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 61
Release: 2010-09-14
Genre: Business & Economics
ISBN: 1498336841

Download Heavily Indebted Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI)--Status of Implementation Book in PDF, ePub and Kindle

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.


Multilateral Debt Relief Initiative - A First Assessment of Eligible Countries

Multilateral Debt Relief Initiative - A First Assessment of Eligible Countries
Author: International Monetary Fund. Policy Development and Review Dept.
Publisher: International Monetary Fund
Total Pages: 15
Release: 2005-08-12
Genre: Business & Economics
ISBN: 1498330770

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This paper responds to the Board’s request for an assessment of eligible countries that could qualify for Fund debt relief under the MDRI once the requisite consents and requests have been received. Directors requested that, by end-2005, staff prepare, in collaboration with the World Bank, an assessment of the 18 post-completion point HIPCs, as well as eligible non-HIPCs, and propose for Board consideration a list of members that would qualify immediately for MDRI debt relief. Directors also requested that, for those members that do not presently meet the MDRI qualification criteria, remedial measures be expressly identified that would allow them to qualify for MDRI relief.


The Multilateral Debt Relief Initiative - Progress Report on Implementation

The Multilateral Debt Relief Initiative - Progress Report on Implementation
Author: International Monetary Fund. Policy Development and Review Dept.
Publisher: International Monetary Fund
Total Pages: 16
Release: 2006-03-20
Genre: Business & Economics
ISBN: 1498332919

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Reports on the implementation of the MDRI since December 2005, in line with the request made by Directors that a progress report be presented to the Board before the 2006 Spring Meetings. Includes a focus on the implementation of the initiative in the Fund, and covers implementation in other multilateral institutions.


Heavily Indebted Poor Countries Initiative and Multilateral Debt Relief Initiative - Statistical Update

Heavily Indebted Poor Countries Initiative and Multilateral Debt Relief Initiative - Statistical Update
Author: World Bank
Publisher: International Monetary Fund
Total Pages: 46
Release: 2013-11-04
Genre: Business & Economics
ISBN: 1498342035

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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.


The Multilateral Debt Relief Initiative (G-8 Proposal) and Its Implications for the Fund - Further Considerations - Supplemental Information

The Multilateral Debt Relief Initiative (G-8 Proposal) and Its Implications for the Fund - Further Considerations - Supplemental Information
Author: International Monetary Fund. Finance Dept.
Publisher: International Monetary Fund
Total Pages: 20
Release: 2005-01-11
Genre: Business & Economics
ISBN: 1498330851

Download The Multilateral Debt Relief Initiative (G-8 Proposal) and Its Implications for the Fund - Further Considerations - Supplemental Information Book in PDF, ePub and Kindle

The Executive Board held an informal seminar on September 21, 2005 to discuss possible implementation modalities for the G-8 debt relief proposal. On September 24, 2005, the International Monetary and Financial Committee supported providing 100 percent cancellation of debt owed by HIPCs to the Fund, and considered that this would provide significant additional resources for countries’ efforts to reach the Millennium Development Goals and reinforce long-term debt sustainability.


Heavily Indebted Poor Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI) - Status of Implementation 2008

Heavily Indebted Poor Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI) - Status of Implementation 2008
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 100
Release: 2008-12-09
Genre: Business & Economics
ISBN: 1498334172

Download Heavily Indebted Poor Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI) - Status of Implementation 2008 Book in PDF, ePub and Kindle

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). With a view to the upcoming Financing for Development meetings in Doha, the report not only reports on recent progress since mid-2007, but also on developments since the Monterrey Consensus recommendations on external debt relief.


Multilateral Debt Relief Initiative

Multilateral Debt Relief Initiative
Author: International Monetary Fund. Policy Development and Review Dept.
Publisher: International Monetary Fund
Total Pages: 4
Release: 2005-12-20
Genre: Business & Economics
ISBN: 1498330681

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This supplement summarizes new information available to staff since the issuance of The Multilateral Debt Relief Initiative: A First Assessment of Eligible Countries (December 8, 2005). It focuses on the six members (Ethiopia, Madagascar, Mauritania, Nicaragua, Rwanda, and Senegal) for which staff recommends that remedial actions be taken before the Board determines whether they qualify for debt relief from the Fund under the Multilateral Debt Relief Initiative.