Series: IMF Working Papers
Author(s): Sandra Marcelino , and Ivetta Hakobyan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 18 December 2014
Keywords: Growth, debt, debt burden, debt sustainability, external debt, International Lending and Debt Problems, Economic Growth of Open Economies, Macroeconomic Analyses of Economic Development,
In 1996, the IMF and the World Bank introduced the Heavily Indebted Poor Countries Initiative-a comprehensive debt relief program aimed at reducing the external debt burden of eligible countries to sustainable leve...