The Multilateral Debt Relief Initiative: A First Assessment of Eligible Countries

December 8, 2005

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Contents

1. Introduction
2. Assessment Methodology
   1. Assesses Countries
   2. Eligible Debt
   3. Overall Guidance Provided by the Board on Conditions for Qualification
   4. Macroeconomic Performance Criterion
   5. Criterion on Implementation of Poverty Reduction Policies
   6. Criterion on the Quality of Public Expenditure Management Systems
3. Country Assessments
4. Next Steps
5. Issues for Discussion

Tables

Table 1. Country Coverage of the MDRI
Table 2. Estimated Eligible Fund Credit Outstanding for Potentially Qualifying Countries Under the MDRI
Table 3. Summary of Staff’s Assessment of Countries Eligible for Immediate Debt Relief from the Fund Under the MDRI