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Article: IMF and World Bank Support the Central African Republic's Completion Point under the Enhanced HIPC Initiative and Approve Debt Relief under the Multilateral Debt Relief Initiative.
- Article from:
- M2 Presswire
- Article date:
- July 1, 2009
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M2 PRESSWIRE-1 July 2009-IMF: IMF and World Bank Support the Central African Republic's Completion Point under the Enhanced HIPC Initiative and Approve Debt Relief under the Multilateral Debt Relief Initiative(C)1994-2009 M2 COMMUNICATIONS
RDATE:30062009
The International Monetary Fund (IMF) and the World Bank's International Development Association (IDA) have agreed that the Central African Republic (C.A.R.) has made sufficient progress and taken the necessary steps to reach the completion point under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative. The C.A.R. becomes the 25th country to reach the completion point under the Initiative.
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