Democratic Republic of the Congo : Enhanced Initiative for Heavily Indebted Poor Countries: Completion Point Document and Multilateral Debt Relief Initiative Paper

Author/Editor:

International Monetary Fund

Publication Date:

December 14, 2010

Electronic Access:

Free Full text (PDF file size is 872 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The Democratic Republic of the Congo (DRC) has successfully implemented key reforms under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative, despite experiencing exceptional challenges since the decision point, including a challenging security situation. Revised present value of HIPC assistance has given satisfactory assurances of their participation in the enhanced HIPC Initiative. The DRC does not qualify for topping-up under the enhanced HIPC Initiative. Full delivery of HIPC debt relief, and additional bilateral assistance beyond HIPC and Multilateral Debt Relief Initiative debt relief at the completion point would reduce the DRC’s external debt burden significantly.

Series:

Country Report No. 10/360

Subject:

Notes:

Also available in French

English

Publication Date:

December 14, 2010

ISBN/ISSN:

9781455212828/1934-7685

Stock No:

1CODEA2010006

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

67

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