Union of the Comoros : Enhanced Initiative for Heavily Indebted Poor Countries: Completion Point Document and Multilateral Debt Relief Initiative.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. African Department.

International Monetary Fund, author.

Contributor:

International Monetary Fund, author.

Series:

IMF Staff Country Reports; Country Report ; No. 2013/033

IMF Staff Country Reports

Language:

English

Subjects (All):

Economic development.

International finance.

Physical Description:

1 online resource (63 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2013.

Language Note:

English

Summary:

In June 2010, the International Development Association (IDA) and the IMF agreed that Comoros had met the requirements for reaching the decision point under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative. As a result of the debt reconciliation exercise for the completion point, the present value of eligible external debt at end-2009 has been revised upward. Full delivery of HIPC assistance together with additional bilateral assistance beyond HIPC and Multilateral Debt Relief Initiative (MDRI) debt relief at the completion point would reduce Comoros’ external debt burden significantly.

Contents:

Cover; Contents; List of Acronyms; Executive Summary; I. Introduction; II. Assessment of Requirements for Reaching the Completion Point; Boxes; 1. Status of Floating Triggers (as of October 2012); A. Poverty Reduction Strategy Paper; B. Macroeconomic Stability; Text Tables; 1. Selected Economic and Financial Indicators, 2009-17; C. Public Financial Management and Governance; D. Structural Reforms; E. Social Sectors; F. Debt Management; III. Updated Debt Relief and Debt Sustainability Analysis; A. Revision of Data Reconciliation Exercise as of the Decision Point

B. Revision of HIPC Assistance as of the Decision Point and Status of Creditor ParticipationC. Considerations for Exceptional Topping-Up Assistance; 2. Breakdown of the increase of PV of Debt-to-Exports Ratio, end-December 2011; D. Creditor Participation in the Multilateral Debt Relief Initiative; E. Debt Sustainability Outlook after HIPC and MDRI Assistance, 2012-31; 2. Macroeconomic Assumptions for 2011-32; F. Sensitivity Analysis and Long-Term Debt Sustainability; IV. Conclusions; V. Issues for Discussion; Figures; A1. Composition of External debt by Creditor Groups, End-2009 and End-2011

A2. External Debt and Debt Service Indicators for Medium- and Long-Term Public Sector Debt, 2011-31A3. Sensitivity Analysis, 2011-31; Tables; A1. Comparison of Discount Rate and Exchange Rate Assumptions; A2. Revised Nominal Stocks and Present Value of Debt at Decision Point by Creditor Groups as of end-2009; A3. Nominal and Present Value of External Debt outstanding at End-December 2011; A4. Revised Nominal and Present Value of Debt at Decision Point by Creditor Groups as of end-1999; A5. External Debt Service; A6. Present Value of External Debt; A7. Key External Debt Indicators, 2011-31

A8. Sensitivity Analysis, 2011-31A9. Delivery of IDA Assistance Under the Enhanced HIPC Initiative and the MDRI, 2010-2044; A10. Possible Delivery of IMF Assistance under the Enhanced HIPC Initiative and the MDRI, 2010-2022; A11. Status of Creditor Participation Under the Enhanced HIPC Initiative; A12. Paris Club Creditors' Delivery of Debt Relief under Bilateral Initiatives Beyond the HIPC Initiative; A13. HIPC Initiative: Status of Country Cases Considered Under the Initiative, October 30, 2012; Appendixes; I. Debt Management Capacity; II. Joint World Bank/IMF Debt Sustainability Analysis

Notes:

November 29, 2012.

Title from caption.

Description based on online resource; title from PDF title page (ebrary, viewed September 26, 2014).

ISBN:

9781475545661

1475545665

9781475590241

1475590245

9781299395022

1299395023

9781475540727

1475540728