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

May 13, 2015

Preview Citation

Format: Chicago

Chad: Enhanced Heavily Indebted Poor Countries Initiative—Completion Point Document and Multilateral Debt Relief Initiative, (USA: International Monetary Fund, 2015) accessed December 23, 2024

Also available in: français

Summary

This paper discusses the status of Chad under Enhanced Heavily Indebted Poor Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI). Chad does not qualify for topping-up under the Enhanced HIPC Initiative based on end-2013 debt data. Creditors accounting for more than 87 percent of total HIPC-eligible debt have given satisfactory assurances of their participation in the enhanced HIPC Initiative. Nearly all multilateral creditors and Paris Club creditors have agreed to participate. The authorities are working toward obtaining participation of all the remaining creditors. Upon reaching the completion point under the Enhanced HIPC Initiative, Chad will also qualify for additional debt relief under the MDRI.

Subject: Asset and liability management, Debt relief, Debt service, Debt service ratios, External debt, Fiscal law, Fiscal policy, Oil prices, Prices

Keywords: Africa, CR, Debt relief, Debt relief from the IMF, Debt service, Debt service ratios, Fiscal law, Global, HIPC completion point, HIPC debt relief, IMF mission chief, ISCR, Oil prices, Sub-Saharan Africa, West Africa, World Bank's International Development Association

Publication Details

Pages:

70
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/124
Stock No:

1TCDEA2015002
ISBN:

9781484386965
ISSN:

1934-7685

Notes

Also available in French

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