This paper discusses the Republic of Guinea's progress towards reaching the floating completion point under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative. In the view of the staffs of the International Development Association (IDA) and the International Monetary Fund (IMF), Guinea has satisfactorily implemented the completion point triggers as formulated in the December 2000 HIPC Decision Point document. The Executive Boards of IDA and the IMF declared Guinea to be eligible for assistance under the Enhanced HIPC Initiative in December 2000. The Executive Boards of IDA and the IMF determined that Guinea had reached the decision point for the Enhanced HIPC Initiative and agreed on the triggers for the floating completion point. The paper is organized as follows. Section two assesses Guinea's performance in meeting the requirements for reaching the floating completion point under the enhanced HIPC initiative. Section three provides an updated debt relief analysis (DRA). Section four summarizes the main conclusions and section five presents issues for discussion.
Details
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Document Date
2012/09/05
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Document Type
Completion Point Document
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Report Number
72399
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2012/11/05
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Disclosure Status
Disclosed
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Doc Name
Guinea - Enhanced Initiative for Heavily Indebted Poor Countries (HIPC) completion point document and Multilateral Debt Relief Initiative (MDRI)
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Keywords
arab bank for economic development in africa;present value of debt;Demographic and Health Survey;African Development Fund;poverty monitoring and evaluation;primary school teacher;external current account deficit;access to basic service;maternal and child health;literacy rate for woman;gross enrollment rate;external debt service;market exchange rate;
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Citation
Guinea - Enhanced Initiative for Heavily Indebted Poor Countries (HIPC) completion point document and Multilateral Debt Relief Initiative (MDRI) (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/643901468274209041/Guinea-Enhanced-Initiative-for-Heavily-Indebted-Poor-Countries-HIPC-completion-point-document-and-Multilateral-Debt-Relief-Initiative-MDRI