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Debt Relief Initiative for Poor Countries 100%

United States General Accounting Office GAO Report to Congressional Committees June 2000 DEVELOPING COUNTRIES Debt Relief Initiative for Poor Countries Faces Challenges GAO/NSIAD-00-161 Contents Letter 5 Executive Summary 8 Chapter 1 Introduction Chapter 2 Unless Strong, Sustained Economic Growth Is Achieved, the Initiative Is Not Likely to Provide a Lasting Exit From Debt Problems Chapter 3 Linking Debt Relief and Poverty Reduction Creates Tension Between Quick Debt Relief and Comprehensive Strategies Poor Countries’ Debt Burdens Prior Debt Relief Efforts Did Not Significantly Lower Countries’ Debt Burdens Enhanced HIPC Initiative Objectives, Scope, and Methodology Enhanced HIPC Initiative Provides Significant Debt Relief To Fund Additional Spending for Poverty Reduction, Countries Must Continue to Borrow Ability to Repay Debt in the Future Hinges on the Assumption of Strong Economic Growth Preparing Strategies Is Complicated and Resource Intensive Country Ownership and Donor Support of the Strategy Can Be Difficult to Achieve Differing Views on Whether to Directly Link Debt Relief to Poverty Reduction Strategies Page 1 24 25 28 29 38 42 43 44 49 57 57 62 66 GAO/NSIAD-00-161 Debt Relief Initiative Contents Chapter 4 Bilateral and Multilateral Creditors Face Financing Challenges Large Bilateral Creditors Are Important to HIPC Success Three of the Four Largest Multilateral Creditors Face Considerable Financing Gaps 81 Chapter 5 Conclusions Appendixes 69 70 90 Appendix I:

https://www.pdf-archive.com/2015/10/09/debt-relief-initiative-for-poor-countries/

09/10/2015 www.pdf-archive.com