HIPC debt relief: which way forward? : hearing before the Subcommittee on Domestic and International Monetary Policy, Trade and Technology of the Committee on Financial Services, U.S. House of Representatives, One Hundred Eighth Congress, second session, April 20, 2004
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Hart Thomas H Director Government Relations DATA Debt AIDS
Melito Thomas Acting Director International Affairs and Trade GeneralI
$8 billion 27 countries Accounting Ofﬁce achieve debt sustainability Administration African Development Bank amount April 20 Bank and IMF beneﬁts BIGGERT bilateral brieﬂy Burkina Faso Catholic Relief Services civil society Committee completion point Congress contribute cost debt burdens debt reduction debt relief targets debt stock decision point development assistance donors enhanced HIPC initiative estimate export growth rates ﬁgure ﬁnancial ﬁnancing ﬁrst FRANK GAO report GAO’s Gerald Flood global goals growth and debt Hart Heavily Indebted Poor HIPC countries HIPC debt relief HIPC Trust Fund HIV-AIDS HlPCs identiﬁed IMF project impact increase Indebted Poor Countries Jubilee Judy biggert legislation lending loans to grants Malawi MALONEY MELITO Mozambique multilateral creditors multilateral development banks percent poorest countries poverty reduction present value proposed modiﬁcations provide debt relief qualiﬁed for debt ratio signiﬁcant speciﬁc strategy substantial Tanzania Thank trade Treasury Uganda United World Bank Zambia