Policy Papers
2005
December 20, 2005
Multilateral Debt Relief Initiative: A First Assessment of Eligible Countries--Supplemental Information
Description: This supplement summarizes new information available to staff since the issuance of The Multilateral Debt Relief Initiative: A First Assessment of Eligible Countries (December 8, 2005). It focuses on the six members (Ethiopia, Madagascar, Mauritania, Nicaragua, Rwanda, and Senegal) for which staff recommends that remedial actions be taken before the Board determines whether they qualify for debt relief from the Fund under the Multilateral Debt Relief Initiative.
December 8, 2005
Republic of Tajikistan - Staff Assessment of Qualification for the Multilateral Debt Relief Initiative
Description: Tajikistan is not a HIPC country. It is, however, eligible under the MDRI because it had a per capita annual GDP of below $380 as of 2004. Staff is of the view that all criteria have been met, and recommends that the Board determine that Tajikistan qualifies for immediate debt relief under the MDRI.
December 8, 2005
Burkina Faso - Staff Assessment of Qualification for the Multilateral Debt Relief Initiative
Description: Burkina Faso reached the completion point under the enhanced HIPC Initiative on April 12, 2002. Staff is of the view that all criteria have been met and recommends that the Board determine that Burkina Faso qualifies for immediate debt relief under the MDRI.
December 8, 2005
Cambodia - Staff Assessment of Qualification for the Multilateral Debt Relief Initiative
Description: 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.
December 8, 2005
Uganda - Staff Assessment of Qualification for the Multilateral Debt Relief Initiative
Description: Uganda reached the completion point under the enhanced HIPC Initiative on May 1, 2000. Staff is of the view that all criteria are met, and recommends that the Board determine that Uganda qualifies for immediate debt relief under the MDRI.
December 8, 2005
United Republic of Tanzania - Staff Assessment of Qualification for the Multilateral Debt Relief Initiative
Description: Tanzania reached the completion point under the enhanced HIPC Initiative on November 21, 2001. Staff is of the view that all criteria have been met, and recommends that the Board determine that Tanzania qualifies for immediate debt relief under the MDRI.
December 8, 2005
Mali - Staff Assessment of Qualification for the Multilateral Debt Relief Initiative
Description: Mali reached the completion point under the enhanced HIPC initiative on March 6, 2003. Staff recommends that the Board determine that Mali qualifies for MDRI debt relief.
December 8, 2005
Multilateral Debt Relief Initiative - A First Assessment of Eligible Countries
Description: This paper responds to the Board’s request for an assessment of eligible countries that could qualify for Fund debt relief under the MDRI once the requisite consents and requests have been received. Directors requested that, by end-2005, staff prepare, in collaboration with the World Bank, an assessment of the 18 post-completion point HIPCs, as well as eligible non-HIPCs, and propose for Board consideration a list of members that would qualify immediately for MDRI debt relief. Directors also requested that, for those members that do not presently meet the MDRI qualification criteria, remedial measures be expressly identified that would allow them to qualify for MDRI relief.
December 8, 2005
Benin - Staff Assessment of Qualification for the Multilateral Debt Relief Initiative
Description: Benin reached the completion point under the enhanced HIPC Initiative on March 24, 2003. Staff is of the view that all criteria have been met, and recommends that the Board determine that Benin qualifies for immediate debt relief under the MDRI.
December 8, 2005
Bolivia - Staff Assessment of Qualification for the Multilateral Debt Relief Initiative
Description: Staff is of the view that all criteria have been met, and recommends that the Board determine that Bolivia qualifies for immediate debt relief under the MDRI.