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