Proposals to Modify the PRGF-HIPC Trust Instrument - Further Considerations
Policy Papers, December 19, 2007
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- Proposals to Modify the PRGF-HIPC Trust Instrument - Further Considerations
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Bibliographic details
- Published: December 19, 2007
- Series: Policy Papers
- Stock No: ISBN
Summary
- Follow-up paper building on the July paper proposing modifications to HIPC Initiative policy as implemented in the Fund.
- Focuses on proposed modifications to HIPC Initiative policy and implementation within the Fund.
- Addresses the key policy issues raised by Executive Directors at the July informal briefing.
- Lays out the modalities and decision required to implement the proposed changes.
- If adopted, the modifications would also apply to future similarly situated pre-decision point HIPCs.
- Publication date: December 19, 2007.
Major themes and findings
- Proposed modifications to HIPC Initiative policy as implemented in the Fund (follow-up to July paper).
- Responses to questions and issues raised by Executive Directors at the July informal briefing.
- Specification of modalities and the decision process required for implementation.
- Explicit applicability clause: modifications, if adopted, extend to future similarly situated pre-decision point HIPCs.
Policy implications and recommended actions (as presented)
- Adopt proposed modifications to align Fund implementation of HIPC Initiative policy with the changes set out in the paper.
- Address Executive Directors’ key policy issues as detailed in the paper (paper provides the responses and analysis).
- Approve the modalities and the formal decision required to implement the proposed modifications.
- Apply adopted modifications to future similarly situated pre-decision point HIPCs.
Subject tags (as provided)
- Debt relief
- HIPC Initiative
- Multilateral debt relief initiative
- Poverty reduction
- Poverty Reduction and Growth Facility Trust
Source: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/proposals-to-modify-the-prgf-hipc-trust-instrument-further-considerations-pp4225
Content in this bundle
- Proposals to Modify the PRGF-HIPC Trust Instrument - Further Considerations; December 19, 2007