Republic of Madagascar: Enhanced Initiative for Heavily Indebted Poor Countries Completion Point Document

Author: International Monetary Fund

Volume/Issue: Volume 2004 Issue 406

Publication date: December 2004

ISBN: 9781451935028

$20.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats


English

Prices in red indicate formats that are not yet available but are forthcoming.

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 , debt-to-exports ratio , gross revenue , completion point , HIPC assistance , NPV terms , reform program , sensitivity analysis , government project grant , HIPC expenditure , HIPC resource , HIPC document , government interest , HIPC savings , Debt relief , Debt service , Debt service ratios

Also of interest

Peru

Grenada

Nepal

Republic of Congo : 2001 Article IV

Summary

This paper reviews Madagascar’s progress under the Heavily Indebted Poor Countries (HIPC) Initiative. Total assistance to be provided to Madagascar under the HIPC Initiative amounts to US$836 million in net present value terms—US$22 million higher than the decision point estimate. The paper assesses Madagascar’s performance in meeting the requirements for reaching the completion point, as set out in the decision point document. The paper also reviews the status of creditor participation and the delivery of debt relief to Madagascar under the enhanced HIPC Initiative. It also presents results of the updated Debt Sustainability Analysis.