E. The heavily indebted poor countries

A. The Heavily Indebted Poor Countries initiative

Heavily Indebted Poor Countries (HIPC) Debt Initiative

Progress under the Heavily Indebted Poor Countries Initiative

Heavily Indebted Poor Countries and the Millennium Development Goals

Turkey believes that heavily indebted countries deserve special attention.

Beyond the Heavily Indebted Poor Countries Initiative the development financing conundrum

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

Nonetheless, her delegation fully supported the Heavily Indebted Poor Countries Debt Initiative.

The recent Heavily Indebted Poor Countries Debt Initiative is a promising step.

3. External debt of the heavily indebted poor countries (HIPCs), 1992 1996

Efforts should be made to expand the Initiative to other heavily indebted countries.

A. External debt (Heavily Indebted Poor Countries Debt Initiative, Paris Club, London Club)

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

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

The initiative contemplated 40 billion of debt relief to 18 heavily indebted poor countries.

The Heavily Indebted Poor Countries Debt Initiative was a step in the right direction.

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

The United States strongly supported the programme of action for the heavily indebted poorest countries.

Turkey welcomed the joint World Bank International Monetary Fund Heavily Indebted Poor Countries Debt Initiative.

Of the 41 countries identified as heavily indebted poor countries, 29 are least developed countries.

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,

Greater efforts should also be made to provide debt relief to the heavily indebted poor countries.

Nevertheless, external debt and debt servicing problems persisted, particularly in the poorest and heavily indebted countries.

The Paris Club and the Heavily Indebted Poor Countries Debt Initiative had not been sufficiently comprehensive.

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 are pleased that Burundi has benefited from debt relief under the Heavily Indebted Poor Countries Initiative.

While a number of initiatives had been put forward to address the problems of indebted countries, those problems had persisted, particularly in the poorest and heavily indebted countries.

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

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

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

Heavily indebted middle income countries must organize their efforts to arrive at joint agreements with the world's creditors.

Nevertheless, external debt and debt servicing problems have persisted, particularly for the poorest and most heavily indebted countries.

1. Debt problem of low income countries Heavily Indebted Poor Countries Debt Initiative Timing, eligibility criteria and funding

ESAF is a framework by which the IMF participates in the initiative for the heavily indebted poor countries.

Welcoming the decision to undertake a comprehensive review of the Heavily Indebted Poor Countries Debt Initiative in 1999,

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,

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

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

In that connection, LDCs expected the heavily indebted poor countries (HIPCs) initiative to be implemented in a meaningful way.

28. Forty one economies have been classified by IMF and the World Bank as heavily indebted poor countries (HIPC).

The most important recent development in debt relief for LDCs is the heavily indebted poor countries (HIPC) debt initiative.

12. Recognizes the need for attaching higher priority to social aspects in the Heavily Indebted Poor Countries Debt Initiative