« Home | May 6, 2006, 5:53PM Western Union, GraceKennedy P... » | Newton outlines goals of Ministry of Health Sa... » | Friday,May 5, 2006 - Philipsburg, Sint Maarten, ... » | Phase II of the Regional Dialogue on Access to Inf... » | Friday 5 May 2006 Teachers have difficult... » | Research Paper No. 2006/08 Turning Points i... » | Clean Energy and Development: Towards an Investm... » | Caribbean Environmental Programme hosts journa... » | Caribbean tertiary education project gets 2M eu... » | 'Caribbean citizens prefer to keep silent abo... » 

Sunday, May 07, 2006 


Debt Relief for the Poorest:
An Evaluation Update of the HIPC Initiative

Overview

This update builds on IEG’s 2003 evaluation of the Heavily Indebted Poor Countries initiative. About $50 billion has been committed in nominal debt service relief under the Enhanced HIPC initiative to decision point countries, of which $15.4 billion has been committed since the previous evaluation. This evaluation finds that debt relief has become a significant vehicle of resource transfer to HIPC countries. But debt reduction alone is not a sufficient instrument to affect the multiple drivers of debt sustainability, which also requires improvements in repayment capacity. Maintaining policy performance is essential for countries not yet at completion point to reap the benefits of debt reduction.
© 2006 The World Bank Group, All Rights Reserved.

Links to this post

Create a Link

About me

  • I'm Em Asomba
  • From United States
My profile
Skype Me™!

Poverty & Social Development: A Caribbean Perspective is powered by Blogspot and Gecko & Fly.
No part of the content or the blog may be reproduced without prior written permission.
Join the Google Adsense program and learn how to make money online.