Chad : Enhanced Heavily Indebted Poor Countries Initiative—Completion Point Document and Multilateral Debt Relief Initiative.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. African Department.

Contributor:

International Monetary Fund, Contributor.

Series:

IMF Staff Country Reports; Country Report ; No. 2015/124

IMF Staff Country Reports

Language:

English

Subjects (All):

Debt relief--Chad.

Economic assistance--Chad.

International Monetary Fund--Chad.

Local Subjects:

Debt relief--Chad.

Economic assistance--Chad.

International Monetary Fund--Chad.

Physical Description:

1 online resource (116 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2015.

Language Note:

English

Summary:

This paper discusses the status of Chad under Enhanced Heavily Indebted Poor Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI). Chad does not qualify for topping-up under the Enhanced HIPC Initiative based on end-2013 debt data. Creditors accounting for more than 87 percent of total HIPC-eligible debt have given satisfactory assurances of their participation in the enhanced HIPC Initiative. Nearly all multilateral creditors and Paris Club creditors have agreed to participate. The authorities are working toward obtaining participation of all the remaining creditors. Upon reaching the completion point under the Enhanced HIPC Initiative, Chad will also qualify for additional debt relief under the MDRI.

Contents:

Cover Page; Title Page; Copyright Page; Contents; Appendices; Tables; Figures; Boxes; Glossary; Introduction; Assessment of Requirements for Reaching the Floating Completion Point; 1. Status of Floating Triggers (as of March 2015); A. Poverty Reduction Strategy Paper; B. Macroeconomic Stability; C. Governance; D. Priority Sectors; Updated Debt Relief and Sustainability Analysis; A. Revision of Data Reconciliation as of the Decision Point; B. Revision of HIPC Assistance and Status of Creditor Participation; C. Considerations for Exceptional Topping-Up Assistance

D. Creditor Participation in the Multilateral Debt Relief InitiativeE. Debt Sustainability Outlook after HIPC and MDRI Assistance, 2014-33; 2. Macroeconomic Assumptions for 2015-34; F. Sensitivity Analysis and Long-Term Debt Sustainability; Conclusion; Issues for Discussion; 1. Composition of External Debt by Creditor Groups, End-2000 and End-2013; 2. External Debt and Debt Service Indicators for Medium- and Long- Term Public Sector Debt, 2013-33; 3. Sensitivity of Long-Term Debt Sustainability after Shocks, 2013-33; 1. Comparison of Discount Rate and Exchange Rate Assumptions

2. Revised Nominal Stocks and Net Present Value of Debt at Decision Point by Creditor Groups as of end-20003. Nominal and Present Value of External Debt outstanding at End-December 2013; 4. Revised Nominal and Present Value of Debt at Decision Point by Creditor Groups as of end-2000; 5. External Debt Service; 6. Present Value of External Debt; 7. Key External Debt Indicators, 2013-33; 8. Sensitivity Analysis, 2013-33; 9. Delivery of IDA Assistance under the Enhanced HIPC Initiative and the MDRI, 2014-47

10. Possible Delivery of IMF Assistance under the Enhanced HIPC Initiative and the MDRI, 2015-2411. Status of Creditor Participation under the Enhanced HIPC Initiative; 12. Paris Club Creditors' Delivery of Debt Relief under Bilateral Initiatives beyond the HIPC Initiative; 13. HIPC Initiative: Status of Country Cases Considered Under the Initiative, June 30, 2012; I. Debt Management; II. Joint Bank-Fund Debt Sustainability Analysis Under the Debt Sustainability Framework for Low-Income Countries; Footnotes

Chad: Enhanced Heavily Indebted Poor Countries Initiative-Completion Point Document and Multilateral Debt Relief InitiativeIMF and World Bank Announce US1.1 billion Debt Relief for Chad

Notes:

Description based upon print version of record.

Description based on print version record.

ISBN:

9781484387375

1484387376

9781484387047

148438704X