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

Volume/Issue: Volume 2007 Issue 031

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Topics covered in this book

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Exports and Imports , PP , MDRI debt relief , NPV terms , enhanced HIPC Initiative , post-completion-point HIPCs , completion point , IMF staff estimate , long-term debt , post-decision-point HIPCs , MDRI assistance , Debt relief , Debt service , Exports , Stocks , Debt sustainability , Africa , West Africa

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Summary

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.