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 :
Publisher : International Monetary Fund
Total Pages : 52
Release :
ISBN-10 : 9781513510095
ISBN-13 : 1513510096
Rating : 4/5 (096 Downloads)

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.


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In 1996, the IMF and the World Bank introduced the Heavily Indebted Poor Countries Initiative—a comprehensive debt relief program aimed at reducing the extern