IMF and World Bank Approve US$1.2 Billion Debt Relief for Haiti

by admin | July 2nd, 2009

Press Release No. 09/243

July 1, 2009

Haiti was granted US$1.2 billion of debt relief by reaching the completion point under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative approved by the Boards of the International Development Association (IDA) and the International Monetary Fund (IMF). Haiti is now the 26th country to reach the completion point under the Initiative. Debt service savings result from the HIPC Initiative (US$265 million) and the Multilateral Debt Relief Initiative (MDRI) (US$972.7 million).

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One Response to “IMF and World Bank Approve US$1.2 Billion Debt Relief for Haiti”

  1. Eve Barnhouse says:

    Hello, I just come across this website while searching on Google as I’m researching some info on debt relief!. It’s a very interesting website so I bookmarked you and will return soon to enjoy a proper browse when I can give it more time. Debt Relief

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