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The table provides information on HIPC (Heavily Indebted Poor Country) Initiative debt relief provided by each non-Paris Club official bilateral creditor to post-completion point HIPCs. It tracks the HIPC Initiative debt relief granted by these creditors so far. The table will be updated...
Persistent link: https://www.econbiz.de/10014409843
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The International Monetary and Finance Committee at its 2004 Annual Meetings called on the international community to provide assistance including 'further debt relief' to low-income countries for achieving the Millennium Development Goals (MDGs). It reaffirmed the Fund's 'important role' in...
Persistent link: https://www.econbiz.de/10014409982
This paper reviews the experience with the joint IMF-World Bank Debt Sustainability Framework for low-income countries, including cooperation between the staffs, and highlights the implications of the Multilateral Debt Relief Initiative
Persistent link: https://www.econbiz.de/10014410110
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...
Persistent link: https://www.econbiz.de/10014410287
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...
Persistent link: https://www.econbiz.de/10014407822
The Fund is adapting its framework for providing support to low-income countries (LICs) amid rising vulnerabilities. Despite a global economic upswing, many LICs continue to face difficult fiscal and external positions, aggravated by increasing debt levels and natural disasters in many...
Persistent link: https://www.econbiz.de/10014408436
This paper provides an update of the adequacy of the resources of the Fund's Poverty Reduction and Growth Trust (PRGT) and the debt relief trusts. Demand for PRGT loans continued to exceed earlier projections. Total PRGT credit outstanding reached SDR 18.3 billion at end-2023, or three times the...
Persistent link: https://www.econbiz.de/10015058486
Better targeted support to LICs. In July 2015, the Executive Board approved measures to strengthen the financial safety net for low-income countries. Specifically, access norms and limits to the Poverty Reduction and Growth Trust (PRGT) resources were increased by 50 percent and the Rapid Credit...
Persistent link: https://www.econbiz.de/10014408618