HIPC Initiative
(redirected from Heavily Indebted Poor Countries Initiative)

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HIPC Initiative

A joint program of the World Bank and the International Monetary Fund providing debt forgiveness and low-interest loans to the least developed countries with the greatest levels of debt. The HIPC Initiative began in 1996 in order to assist in international development. See also: Heavily Indebted Poor Countries.

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HIPC Initiative (redirected from Heavily Indebted Poor Countries Initiative)

HIPC Initiative
(redirected from Heavily Indebted Poor Countries Initiative)