Further Debt Relief for Low-Income Countries - Key Issues and Preliminary Considerations

Further Debt Relief for Low-Income Countries - Key Issues and Preliminary Considerations
Author :
Publisher : International Monetary Fund
Total Pages : 24
Release :
ISBN-10 : 9781498331715
ISBN-13 : 1498331718
Rating : 4/5 (718 Downloads)

Book Synopsis Further Debt Relief for Low-Income Countries - Key Issues and Preliminary Considerations by : International Monetary Fund. Policy Development and Review Dept.

Download or read book Further Debt Relief for Low-Income Countries - Key Issues and Preliminary Considerations written by International Monetary Fund. Policy Development and Review Dept. and published by International Monetary Fund. This book was released on 2005-10-03 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: The International Monetary and Finance Committee at its 2004 Annual Meetings called on the international community to provide assistance including “further debt relief” to low-income countries for achieving the Millennium Development Goals (MDGs). It reaffirmed the Fund’s “important role” in supporting lowincome countries and called on the Fund to consider “further debt relief and its financing.” More impetus for this request was provided by various recent proposals (summarized in Annex I). At their meeting in London in February, G7 Finance Ministers expressed their willingness to provide as much as 100 percent multilateral debt relief.

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