Union of the Comoros: Enhanced Initiative for Heavily Indebted Poor Countries: Completion Point Document and Multilateral Debt Relief Initiative
February 8, 2013
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In June 2010, the International Development Association (IDA) and the IMF agreed that Comoros had met the requirements for reaching the decision point under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative. As a result of the debt reconciliation exercise for the completion point, the present value of eligible external debt at end-2009 has been revised upward. Full delivery of HIPC assistance together with additional bilateral assistance beyond HIPC and Multilateral Debt Relief Initiative (MDRI) debt relief at the completion point would reduce Comoros’ external debt burden significantly.
Subject: Asset and liability management, Debt relief, Debt service, Education, External debt, Public debt
Keywords: Africa, Comorian authorities, CR, Debt relief, Debt service, East Africa, exchange rate, feasibility study, Global, HIPC assistance, HIPC debt relief, ISCR, reform program, sensitivity analysis, Southern Africa, Sub-Saharan Africa
Pages:
62
Volume:
2013
DOI:
Issue:
033
Series:
Country Report No. 2013/033
Stock No:
1COMEA2013003
ISBN:
9781475576993
ISSN:
1934-7685
