The Multilateral Debt Relief Initiative (G-8 Proposal) and Its Implications for the Fund - Further Considerations - Supplemental Information

The Multilateral Debt Relief Initiative (G-8 Proposal) and Its Implications for the Fund - Further Considerations - Supplemental Information
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Publisher : International Monetary Fund
Total Pages : 20
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ISBN-10 : 9781498330855
ISBN-13 : 1498330851
Rating : 4/5 (55 Downloads)

Book Synopsis The Multilateral Debt Relief Initiative (G-8 Proposal) and Its Implications for the Fund - Further Considerations - Supplemental Information by : International Monetary Fund. Finance Dept.

Download or read book The Multilateral Debt Relief Initiative (G-8 Proposal) and Its Implications for the Fund - Further Considerations - Supplemental Information written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2005-01-11 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Executive Board held an informal seminar on September 21, 2005 to discuss possible implementation modalities for the G-8 debt relief proposal. On September 24, 2005, the International Monetary and Financial Committee supported providing 100 percent cancellation of debt owed by HIPCs to the Fund, and considered that this would provide significant additional resources for countries’ efforts to reach the Millennium Development Goals and reinforce long-term debt sustainability.


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