Burundi: Enhanced Heavily Indebted Poor Countries Initiative: Completion Point Document and Multilateral Debt Relief Initiative

IMF Staff Country Reports, March 10, 2009

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Burundi: Enhanced Heavily Indebted Poor Countries Initiative: Completion Point Document and Multilateral Debt Relief Initiative

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Bibliographic details

• Published: March 10, 2009
• Series: IMF Staff Country Reports
• DOI: https://doi.org/10.5089/9781451802986.002

Summary and key findings

• This paper discusses the progress made by Burundi under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative.
• Burundi has made satisfactory progress in achieving the completion point triggers.
• Burundi has fully implemented the triggers on preparing and implementing a Poverty Reduction Strategy Paper (PRSP) and maintaining a stable macroeconomic environment.
• The paper recommends that the Executive Directors of the International Development Association (IDA) and the IMF approve the completion point for Burundi under the enhanced HIPC Initiative.

Recommendation

• Approve the completion point for Burundi under the enhanced HIPC Initiative (recommended to the Executive Directors of IDA and the IMF).

Subject coverage and keywords

• Subject: Asset and liability management, Debt relief, Debt service, External debt, Financial institutions, Public and publicly-guaranteed external debt, Stocks
• Keywords: central bank, CR, debt forgiveness, debt management, Debt relief, Debt service, discount rate, Global, government defense expenditure, government finance, headline inflation, HIPC assistance, ISCR, NPV of debt-to-exports ratio, NPV terms, organic law, Public and publicly-guaranteed external debt, sectoral strategy, Stocks

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