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

Author: International Monetary Fund

Volume/Issue: Volume 2009 Issue 084

Publication date: March 2009

ISBN: 9781451802986

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , ISCR , CR , discount rate , debt forgiveness , debt management , central bank , organic law , NPV of debt-to-exports ratio , government defense expenditure , HIPC assistance , sectoral strategy , government finance , NPV terms , headline inflation , Debt relief , Debt service , Public and publicly-guaranteed external debt , Stocks , Global

Also of interest

Republic of Congo : 2001 Article IV

Spain

Peru

Malawi

Summary

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. It 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.