Mali: Enhanced Initiative for Heavily Indebted Poor Countries-Completion Point Document

Author: International Monetary Fund

Volume/Issue: Volume 2003 Issue 061

Publication date: March 2003

ISBN: 9781451826333

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , ISCR , CR , government , Creditor Participation Under Original HIPC Initiative , company , debt , enhanced HIPC Initiative , NPV terms , NPV of debt-to-exports ratio , IMF HIPC initiative assistance , NPV debt relief , NPV relief , Debt relief , Debt service , Debt service ratios , Agricultural commodities , Exports , West Africa

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Republic of Congo : 2001 Article IV

Summary

This paper assesses Mali’s progress under the Heavily Indebted Poor Countries (HIPC) Initiative, and seeks Board approval of the completion point under the enhanced framework. By end-December 2002, the policy reforms for the floating completion point under the enhanced HIPC Initiative had been implemented satisfactorily. These included macroeconomic stability, structural reforms, and social sector programs. IMF staff is of the view that Mali’s performance with respect to the conditions for reaching a completion point under the enhanced HIPC Initiative has been satisfactory.