Guyana: Enhanced Initiative for Heavily Indebted Poor Countries Completion Point Document
IMF Staff Country Reports, May 5, 2004
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- Guyana: Enhanced Initiative for Heavily Indebted Poor Countries Completion Point Document
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Bibliographic details
- Published: May 5, 2004
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451816754.002
Summary and Main Finding
- The paper reviews Guyana’s progress under the Enhanced Initiative for Heavily Indebted Poor Countries (HIPC).
- The staff of the IMF and IDA considers that Guyana’s performance with respect to the conditions for reaching the completion point under the enhanced HIPC Initiative has been satisfactory.
Program Implementation and Conditionality
- The authorities established a track record of satisfactory policy implementation under the Poverty Reduction and Growth Facility (PRGF)-supported program.
- Evidence cited:
- Completion of the first program review in early September.
- Good progress toward meeting the conditions of the second review due in February 2004.
Policy Areas and Topics Covered
- Subject headings included in the document:
- Asset and liability management
- Civil service reform
- Debt reduction
- Debt relief
- Debt service
- Debt service ratios
- External debt
- Labor
Keywords (as listed)
- bauxite company
- Caribbean
- Civil service reform
- CR
- Debt reduction
- Debt relief
- Debt service
- Debt service ratios
- exchange rate
- Guyanese authorities
- ISCR
- NPV terms
- terms of trade
- waiver request