Debt Initiative for the Heavily Indebted Poor Countries (HIPCs)
A Factsheet

Heavily Indebted Poor Countries (HIPCs) - Documents

Documents Related to the 2002 Annual Meetings


Heavily Indebted Poor Countries (HIPC) Initiative: Status of Implementation

Prepared by the Staffs of the IMF and World Bank


September 23, 2002

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Contents

Executive Summary
I. Introduction
Part I. Progress of Implementation
II. Implementation Update
III. Update of Costs
A. Projected Costs of HIPC Relief
B. Potential Costs of Completion Point Topping Up
IV.

Status of Creditor Participation

A. Overview of Creditor Participation
B. Multilateral Creditors
C. IDA-Administered HIPC Trust Fund
D. Paris Club Creditors
E. Non-Paris Club Official Bilateral Creditors
F. Commercial Creditors
G. Creditor Litigation Against HIPCs
V.

Other HIPC Initiative Issues

A. Extension of the Sunset Clause
B. Annual Review Cycle
Part II. Review of Debt Sustainability and Related Policy Issues
VI. Review of Debt Sustainability in HIPCs
A. Update of Country Debt Sustainability Prospects
B. The Role of Projections Under the HIPC Initiative
VII.

Addressing Worsened Debt Sustainability Outlooks

A. Ensuring a Sustainable Debt Position for Countries
     to Exit from the HIPC Initiative
B. Recent Proposals to Modify Debt Relief
C. Maintaining External Debt Sustainability Beyond
     the HIPC Initiative Framework

VIII. Issues for Discussion

Annexes

Boxes

Figures
Text Tables
Annex Figures
Annex Tables
Appendix Tables