The HIPC Initiative, MDRI and Nepal: A Re-examination
The HIPC Initiative was established in 1996 with the prime goal of reducing eligible countries' debt burdens to the thresholds fixed under the Initiative. There are both costs and benefits associated with participation under the Initiative. For many interim HIPCs, the challenges in meeting their completion point triggers pertain to maintaining macroeconomic stability, preparing participatory Poverty Reduction Strategy Papers (PRSPs) as wellas other country-specific triggers. At the completion point, full debt cancellation under the MDRI is granted. Nepal is one of the ten pre-decision point countries potentially eligible for participation under the Enhanced HIPC Initiative. The possible conditions linked to the country's entry to the HIPC Initiative, the level of existing concessionary foreign assistance that could be non-concessionary and the likely possible debt situation after reaching the completion point are some of the issues that need a re-examination.
Volume (Year): 20 (2008)
Issue (Month): (April)
|Contact details of provider:|| Web page: http://www.nrb.org.np/ecorev/|
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Bhubanesh Pant Ph.D. & Biggyan Subedi, 2006. "The HIPC Initiative and Debt Relief: An Examination of Issues Relevant to Nepal," NRB Working Paper 02/2006, Nepal Rastra Bank, Research Department.
When requesting a correction, please mention this item's handle: RePEc:nrb:journl:v:20:y:2008:p:44-61. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dr. Bishnu Prasad Gautam)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.