Multilateral Debt Relief Initiative and Exogenous Shocks Facility - Proposed Decisions

Date: November 16, 2005
Electronic Access: Full Text

Summary:This paper puts forward a package of proposed decisions to implement the Multilateral Debt Relief Initiative (“MDRI”) and establish the Exogenous Shocks Facility within the PRGF Trust; it also provides a Commentary on key aspects of the decisions. The proposed decisions generally reflect the overall structure and modalities that have been identified by the staff and endorsed by Executive Directors in the several meetings held to date concerning the G-8 debt relief proposal/MDRI and ESF.

Series : Policy Paper
Subject(s): Debt relief | Exogenous Shocks Facility | HIPC Initiative | Poverty Reduction and Growth Facility Trust | Group of Eight
Notes: The Board approved the requisite decisions to implement the MDRI on November 23, 2005.