Policy Papers

Multilateral Debt Relief Initiative and Exogenous Shocks Facility - Proposed Decisions

November 16, 2005

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Multilateral Debt Relief Initiative and Exogenous Shocks Facility - Proposed Decisions , (USA: International Monetary Fund, 0) accessed November 21, 2024

Summary

This paper puts forward a package of proposed decisions to implement the Multilateral Debt Relief Initiative (“MDRI”) and establish the Exogenous Shocks Facility within the PRGF Trust; it also provides a Commentary on key aspects of the decisions. The proposed decisions generally reflect the overall structure and modalities that have been identified by the staff and endorsed by Executive Directors in the several meetings held to date concerning the G-8 debt relief proposal/MDRI and ESF.

Subject: Debt relief, Exogenous Shocks Facility, Group of Eight, HIPC Initiative, Poverty Reduction and Growth Facility Trust

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Notes

The Board approved the requisite decisions to implement the MDRI on November 23, 2005.