External Debt Sustainability in HIPC Completion Point Countries

External Debt Sustainability in HIPC Completion Point Countries

Author: Jie Yang

Publisher: International Monetary Fund

Published: 2009-06-01

Total Pages: 22

ISBN-13: 1451872755

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Despite substantial debt relief to HIPC Initiative completion point countries, long-term debt sustainability remains a challenge. This paper examines a number of structural factors affecting external debt sustainability. It shows that in HIPC completion point countries (i) the export base broadly remains narrow; (ii) fiscal revenue mobilization lags behind in some countries; and (iii) policy and institutional frameworks are still relatively weak. Achieving and maintaining longterm debt sustainability in completion point countries will require continued structural reforms, timely donor support, and close monitoring of new non-concessional borrowing.


Chad

Chad

Author: International Monetary Fund. African Dept.

Publisher: International Monetary Fund

Published: 2015-05-13

Total Pages: 70

ISBN-13: 148438704X

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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.


Chad

Chad

Author: International Monetary Fund. African Dept.

Publisher: International Monetary Fund

Published: 2015-05-13

Total Pages: 70

ISBN-13: 1484386965

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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.


Debt Relief for Low-Income Countries

Debt Relief for Low-Income Countries

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 1999-01-01

Total Pages: 52

ISBN-13: 9781557756619

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This paper describes the Heavily Indebted Poor Countries (HIPC) Initiative and suggests that it should enable HIPCs to exit from the debt-rescheduling process. It argues that implementation of the Initiative should eliminate debt as an impediment to economic development and growth and enable HIPC governments to focus on the difficult policies and reforms required to remove the remaining impediments to achieving sustainable development. The paper describes the implementation of the Initiative through the end of September 1998.


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

Published: 2008-12-09

Total Pages: 100

ISBN-13: 1498334172

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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.


Post-HIPC Debt Sustainability and Commonwealth HIPCs

Post-HIPC Debt Sustainability and Commonwealth HIPCs

Author: Dinesh Dodhia

Publisher: Commonwealth Secretariat

Published: 2003

Total Pages: 50

ISBN-13: 9780850927566

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The debt problem facing poor countries has been at the heart of Commonwealth concerns since the 1980s. The report presents the discussions held at the 2003 Dar es Salaam HIPC Ministerial Forum and calls for a number of actions to deal with both immediate concerns and the issues surrounding long-term debt sustainability in HIPCs.