Policy Papers

Cambodia - Staff Assessment of Qualification for the Multilateral Debt Relief Initiative

December 8, 2005

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Cambodia - Staff Assessment of Qualification for the Multilateral Debt Relief Initiative, (USA: International Monetary Fund, 0) accessed November 21, 2024

Summary

Cambodia is not a HIPC country because its debt levels were below the relevant thresholds. It is, however, eligible under the MDRI because it had per capita annual GDP of below $380 as of 2004. No IDA relief is currently expected under the MDRI for non-HIPC countries. Staff is of the view that all criteria have been met, and recommends that the Board determine that Cambodia qualifies for immediate relief under the MDRI.

Subject: Cambodia, Multilateral debt relief initiative

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