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Heavily Indebted Poor Countries

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Heavily Indebted Poor Countries
The 40 least developed countries with a large amount of foreign debt. The IMF and the World Bank help heavily indebted poor countries restructure their debt by offering low interest loans and some forms of debt relief. The two organizations have offered this service since 1996.


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The ministers are all members of the Heavily Indebted Poor Countries (HIPC) group, which includes 35 countries that are negotiating with the International Monetary Fund to reduce their foreign debt burden.
GAO-09-162 January 26, 2009 In 1996, the Heavily Indebted Poor Countries (HIPC) Initiative was created to provide debt relief to poor countries that had reached unsustainable levels of debt.
Additionally, he empirically assesses the impact of World Bank/IMF Heavily Indebted Poor Countries (HIPC) programs using time series/longitudinal analyses with a control group (non-HIPC) interrupted time series design.
 
 
 
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