The Multilateral Debt Relief Initiative (G-8 Proposal) and Its Implications for the Fund—Further Considerations: Supplement on Financing Arrangements

Prepared by the Finance and Legal Departments

November 1, 2005

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 Contents   
  1. Introduction
  2. Existing Financial Structure for the PRGF and the HIPC Initiative
    1. PRGF Trust
    2. PRGF-HIPC Trust
    3. The Special Disbursement Account
  3. Financing Arrangements for the MDRI
    1. Delivery of Debt Relief
    2. Related Modifications
    3. Immediate Implementation Issues
  4. Next Steps