June 1, 2020
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Update of HIPC and MDRI Progress

Thursday, 01 October 2009 16:38

The IMF and IDA have published their latest annual HIPC and MDRI Status of Implementation report. In the last year, three countries reached completion point (Burundi, Central Africa Republic and Haiti) and two countries (Cote d’Ivoire and Togo) reached decision point, making a total of 26 (out of 40) countries which have now reached their completion points countries, with a further 9 countries being past their decision points.

For more details, go to www.imf.org/external/pp

The report also notes the progress in debt relief provided by commercial creditors and a reduction in the number of HIPCs’ authorities being sued, from 33 to 14 cases in the past year. However, progress in relief from non-Paris Club creditors has been limited.

For more information, see www.imf.org/external/np


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