Because assistance committed under the original framework is expressed in net present value (NPV) terms at the completion point, and assistance committed under the enhanced framework is expressed in NPV terms at the decision point, these two amounts can not be added.
Under the enhanced framework, an additional disbursement is made at the completion point corresponding to interest earned on the amount committed at the decision point but not disbursed in the interim period.
The Multilateral Debt Relief Initiative (MDRI) provides 100 percent debt relief to eligible member countries. The debt relief covers all debt owed to the Fund as of end-2004 that remains outstanding at the time the member qualifies for such debt relief. The MDRI is financed by bilateral contributions, the Fund’s own resources, and resources already disbursed to the member under the HIPC Initiative (see Section VII above).