From Toronto Terms to the Hipc Initiative A Brief History of Debt Relief for Low-Income Countries

1999 ◽  
Author(s):  
Christina Daseking ◽  
Robert Powell
Keyword(s):  
Low Income ◽  
Debt Relief ◽  
Low Income Countries ◽  
History Of ◽  
Hipc Initiative

scholarly journals Somalia

2020 ◽  
Vol 20 (86) ◽  
Author(s):  
Keyword(s):  
Low Income ◽  
Net Present Value ◽  
Debt Relief ◽  
Debt Management ◽  
Policy Framework ◽  
Low Income Countries ◽  
Debt Sustainability ◽  
Poor Countries ◽  
Heavily Indebted Poor Countries ◽  
Hipc Initiative

This paper presents an assessment of Somalia’s eligibility for assistance under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative. The macroeconomic framework reflects the policy framework underlying the proposed three-year Fund-supported program. The debt relief analysis (DRA) remains largely unchanged, but some of the underlying debt data has been updated to reflect new information from creditors. In addition, this paper presents an assessment of debt management capacity in Somalia and a full Debt Sustainability Analysis under the Debt Sustainability Framework for Low-Income Countries. The DRA reveals that, after traditional debt relief mechanisms are applied, Somalia’s debt burden expressed as the net present value of debt-to-exports ratio is 344.2 percent at the end of December 2018—significantly above the HIPC Initiative threshold. Despite the challenging environment, progress on reform and policy implementation has been good and sustained reforms have translated into economic results. In addition to the coordinated support from the World Bank and the IMF, reforms have been supported by other development partners.

scholarly journals Debt Relief for Low-Income Countries and the HIPC Initiative

1997 ◽  
Vol 97 (24) ◽  
pp. 1 ◽  
Author(s):  
Kamau Thugge ◽  
Anthony R. Boote ◽  
◽  
Keyword(s):  
Low Income ◽  
Debt Relief ◽  
Low Income Countries ◽  
Hipc Initiative

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

Policy Papers ◽  
2011 ◽  
Vol 11 (59) ◽  
Author(s):  
Keyword(s):  
Low Income ◽  
Poor Country ◽  
Debt Relief ◽  
Low Income Countries ◽  
Poor Countries ◽  
The Future ◽  
The Status ◽  
Heavily Indebted Poor Countries ◽  
Hipc Initiative

This report aims to accomplish three objectives: (a) it 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); (b) it proposes a modification of the reporting of progress under the initiatives, including the discontinuation of the annual status of implementation reports, and the preparation of periodic reports on debt vulnerabilities in low income countries (LICs), including HIPCs; and (c) it proposes a further ring-fencing of the list of countries eligible or potentially eligible for debt relief under the HIPC Initiative based on end-2010 income and indebtedness criteria.

IMF activities as a provider of financial assistance to the countries affected by the COVID-19 pandemic

2021 ◽  
pp. 137-146
Author(s):  
М.Б. Медведева ◽  
Л.И. Хомякова ◽  
А.Д. Зверева
Keyword(s):  
Low Income ◽  
Debt Relief ◽  
Financial Assistance ◽  
Low Income Countries ◽  
Extensive Program ◽  
The Imf

В целях поддержки стран по преодолению экономических последствий пандемии COVID-19 МВФ выделил им финансовые ресурсы и предоставил инструменты облегчения обслуживания долга в рамках различных механизмов кредитования и финансирования. Программа действует с конца марта 2020 года. В статье отмечено, что МВФ быстро отреагировал на чрезвычайную ситуацию, вызванную пандемией, и развернул широкую программу помощи странам с низким уровнем дохода в целях преодоления ее последствий. The IMF provides financial assistance and debt relief under various lending and financing mechanisms to member countries facing the economic fallout from the COVID-19 pandemics. The article provides an overview of the assistance approved by the IMF since the end of March 2020. It was noted that the IMF quickly responded to the emergency caused by the pandemic and launched an extensive program of assistance to low-income countries in order to overcome its consequences.

scholarly journals The dynamic implications of debt relief for low-income countries

2015 ◽  
Vol 5 (1) ◽  
pp. 1-12 ◽  
Author(s):  
Alma Lucía Romero-Barrutieta ◽  
Aleš Bulíř ◽  
José Daniel Rodríguez-Delgado
Keyword(s):  
Low Income ◽  
Debt Relief ◽  
Low Income Countries
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