Guinea-Bissau: Enhanced Initiative for Heavily Indebted Poor Countries-Completion Point Document and Multilateral Debt Relief Initiative
Volume/Issue:
Volume 2010
Issue 380
Publication date: December 2010
ISBN: 9781455213535
$18.00
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Topics covered in this book
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Exports and Imports , Public Finance , ISCR , CR , topping-up assistance , real GDP , public expenditure , GDP deflator , debt forgiveness , private sector , sensitivity analysis , Guinea-Bissau authorities , current account , net present value , organic law , long-term debt , government savings , oversight authority , Debt relief , Debt service , Debt service ratios , West Africa
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Summary
According to IMF and IDA authorities, Guinea-Bissau had met the requirements for reaching the decision point under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative. The authorities appreciated the country’s tremendous efforts to reestablish economic, social, and institutional stability. In view of this, in addition to debt relief agreed at the decision point under the Enhanced Initiative for HIPC, they also agreed to topping up assistance at the completion point.
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