I'm indebted to them, as I am to my parents, who for some set of misdemeanors in their last life, were blessed with three daughters in this one.

Three Paths for Indebted Democracies

Then why, if you are not indebted (to Us for life),

Then why, if you are not indebted (to Us for life),

Progress under the Heavily Indebted Poor Countries Initiative

4. Calls upon the heavily indebted poor countries to take, as soon as possible, the policy measures necessary to become eligible for the enhanced Heavily Indebted Poor Countries Initiative and to reach the decision point

24. Calls upon the heavily indebted poor countries to take, as soon as possible, the policy measures necessary to become eligible for the enhanced Heavily Indebted Poor Countries Initiative and to reach the decision point

5. Calls upon the heavily indebted poor countries to take, as soon as possible, the policy measures necessary to become eligible for the enhanced Heavily Indebted Poor Countries Initiative and to reach the decision point

Heavily Indebted Poor Countries and the Millennium Development Goals

Turkey believes that heavily indebted countries deserve special attention.

So my feminism is very indebted to my mom's, but it looks very different.

13. Emphasizes the need to secure adequate funding for an overall financing plan for the enhanced Heavily Indebted Poor Countries Initiative, including in particular the Heavily Indebted Poor Countries Trust Fund and the Poverty Reduction and Growth Facility Heavily Indebted Poor Countries Trust Fund in the context of fair, equitable and transparent burden sharing

Stressing the importance of addressing the challenges of those heavily indebted poor countries that are facing difficulties in reaching the completion point under the Heavily Indebted Poor Countries Initiative, and expressing concern that some heavily indebted poor countries continue to face substantial debt burdens and need to avoid rebuilding unsustainable debt burdens after reaching the completion point under the Initiative,

Beyond the Heavily Indebted Poor Countries Initiative the development financing conundrum

12 IMF Heavily Indebted Poor Countries (HIPC) Initiative Statistical Update, April 2005.

In an earlier era, they became indebted to the pawnbroker now they are indebted to banks or credit card companies. And, because their poverty was only relative and house prices were racing ahead, creditors were happy to let them sink deeper and deeper into debt.

While the extension of the heavily indebted poor countries debt initiative until the end of 2006 is welcome, full cancellation of the heavily indebted poor countries' external debt might be needed to break the vicious cycle of poverty faced by them.

We welcome the initiative of the finance ministers of the Group of Eight to cancel the debt of 18 heavily indebted poor countries. We hope to see further debt relief for other heavily indebted countries so that financial resources can be released to meet urgent development needs.

India has written off the debts of all the highly indebted poor countries.

We are all eternally indebted to those who perished in the just fight for freedom and human dignity.

Significant steps had also been taken to reduce the debt burden of the most heavily indebted poor countries.

Significant steps have also been taken to reduce the burden of debt on the most heavily indebted poor countries.

C. The Group of Eight proposals for debt cancellation for Heavily Indebted Poor Countries

The Highly Indebted Poor Countries (HIPC) Ministerial Network is another South South cooperation effort.

Today, more than 80 per cent of African States were highly indebted poor countries.

We are very much indebted to them for their solidarity, and wish to convey here our deepest and most heartfelt thanks.

Welcoming the fact that the Heavily Indebted Poor Countries Initiative has enabled heavily indebted poor countries to markedly increase their expenditures on health, education and other social services consistent with national priorities, development plans, and internationally agreed development goals, including the Millennium Development Goals,

21. Calls for a comprehensive and sustainable solution to the external debt problems of African countries, including cancellation or restructuring for heavily indebted African countries not part of the Heavily Indebted Poor Countries Initiative that have unsustainable debt burdens, and emphasizes the importance of debt sustainability

9. Calls upon those heavily indebted poor countries that have not already done so, to take, as soon as possible, the policy measures necessary to become eligible for the enhanced Heavily Indebted Poor Countries Initiative and to reach the decision point, inter alia, through the formulation of poverty reduction strategies, where they exist

Families were increasingly indebted and could no longer pay school or university fees, leading many children and students to drop out.

To reverse this trend, the international community must address debt sustainability in highly indebted and low income countries, particularly in Africa.

Welcoming the fact that the Heavily Indebted Poor Countries Initiative and the Multilateral Debt Relief Initiative have enabled heavily indebted poor countries to increase their expenditures on health, education and other social services consistent with national priorities, development plans and internationally agreed development goals, including the Millennium Development Goals,

I would like to point out that indebtedness is a form of bondage and indebted economies are economies that function under constraints.

Fourthly, debt relief has been limited to those highly indebted poor countries which have satisfied International Monetary Fund (IMF) conditions for disbursements.

(Indeed, by most accounts, it is about to default.) And the same is true, albeit to a lesser degree, for other heavily indebted sovereigns.

She welcomed recent G8 commitments to write off the multilateral debt of highly indebted poor countries (HIPCs) and to double their ODA by 2010.

As a result, it has never been included in programmes such as HIPC for highly indebted countries.

Reiterates its call upon developed countries, as expressed in the Millennium Declaration, to complete the enhanced programme of debt relief for the Heavily Indebted Poor Countries Initiative and to ensure that it is fully financed, and in this regard underscores the importance of full creditor participation in contributing their share to implementing the enhanced Heavily Indebted Poor Countries Initiative

But such relief should be extended to include countries other than heavily indebted poor ones, as well as non African middle income countries.

22. Welcomes the inclusion of the Democratic Republic of the Congo in the Heavily Indebted Poor Countries Initiative

But there were also calls for action on the issue of debt in all heavily indebted African countries.

Noting that the Heavily Indebted Poor Countries Initiative aims to promote debt sustainability in the poorest countries and that its implementation could be enhanced by streamlining conditionalities, and while acknowledging further progress in the implementation of the Initiative, that many heavily indebted poor countries continue to face substantial debt burdens after reaching the completion point under the Initiative,

My delegation welcomes the commitment made recently at London by the G 8 to cancel the multilateral debt of the 18 most indebted countries.

If the situation persisted, many poor developing countries and especially the heavily indebted African countries would be unable to fulfil their Millennium Development Goals.

Another important step forward was the finalization of the debt relief plan for the Heavily Indebted Poor Countries (HIPC).