## Further Debt Relief for Low-Income Countries - Key Issues and Preliminary Considerations

_Policy Papers, March 10, 2005_

## Source details

**Canonical URL:** [Further Debt Relief for Low-Income Countries - Key Issues and Preliminary Considerations](https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/further-debt-relief-for-low-income-countries-key-issues-and-preliminary-considerations-pp492)

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## Bibliographic details
- Published: March 10, 2005
- Series: Policy Papers

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### Summary
- Document title: Further Debt Relief for Low-Income Countries - Key Issues and Preliminary Considerations
- Date: March 10, 2005
- Subject: Debt relief, Low income developing countries
- Core request: The International Monetary and Finance Committee at its 2004 Annual Meetings called on the international community to provide assistance including “further debt relief” to low-income countries for achieving the Millennium Development Goals (MDGs).
- Fund role: The Committee reaffirmed the Fund’s “important role” in supporting low-income countries and called on the Fund to consider “further debt relief and its financing.”
- External impetus: Various recent proposals provided more impetus for this request (summarized in Annex I of the source document).
- G7 position: At their meeting in London in February, G7 Finance Ministers expressed their willingness to provide as much as 100 percent multilateral debt relief.

### Background and Context
- Initiative origin: Triggered by the International Monetary and Finance Committee’s 2004 Annual Meetings request.
- Policy linkage: Debt relief framed as assistance to achieve the Millennium Development Goals (MDGs).
- Supporting proposals: Multiple recent proposals (referenced in Annex I) contributed to momentum for considering additional debt relief.

### Key Issues Highlighted
- Role of the Fund: Consideration of both the provision of further debt relief and the financing of such relief by the Fund.
- Multilateral relief scope: External actors (G7 Finance Ministers) signaled willingness for up to 100 percent multilateral debt relief.
- Target group: Low-income countries with objectives tied to MDG attainment.

### Publication and Access
- Publication type: Web landing page for an IMF Policy Paper
- Access note: Download PDF option available on the landing page.
- Citation example provided on the page: Further Debt Relief for Low-Income Countries - Key Issues and Preliminary Considerations, (USA: International Monetary Fund, 0) accessed 9/18/2026

*Source: Further Debt Relief for Low-Income Countries - Key Issues and Preliminary Considerations (March 10, 2005), International Monetary Fund.*

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_Source: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/further-debt-relief-for-low-income-countries-key-issues-and-preliminary-considerations-pp492_