This paper on Somalia focuses on completion point document for enhanced heavily indebted poor countries (HIPC …) initiative. Somalia has been rebuilding state institutions and the economy since the end of the devastating civil war, with …

participating in the Heavily Indebted Poor Countries (HIPC) Initiative. The paper finds that, on the basis of current fiscal … policies, debt levels will remain unsustainable even after these countries graduate from the HIPC Initiative. This finding has … important policy implications. By the very requirements of the HIPC Initiative, these countries are expected to increase …

This Enhanced Heavily Indebted Poor Countries (HIPC) Initiative Program's preliminary document discusses that as per … the agreement by the IMF, Somalia can be eligible for debt relief under the Enhanced HIPC Initiative. It provides a clear … relief under the HIPC Initiative, and for debt relief under the Multilateral Debt Relief Initiative (MDRI) from the World …