Debt Relief for Low-Income Countries : The HPIC initiative (Revised 1997).

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 go...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1999.
Series:Pamphlet Series
Online Access:Full text available on IMF
Description
Summary: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.
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Physical Description:1 online resource (52 pages)
Format:Mode of access: Internet
ISSN:0538-8759
Access:Electronic access restricted to authorized BRAC University faculty, staff and students