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Mozambique - Enhanced Heavily Indebted Poor Countries (HIPC) Debt Initiative (Inglês)

This report is accompanied by a paper entitled "Mozambique: Final Document on the Initiative for Heavily Indebted Poor Countries (HIPC)." The Final HIPC Document reports on consultations with creditors regarding their envisaged debt relief and provides an update of the debt sustainability analysis jointly prepared by the Mozambican authorities and World Bank and International Monetary Fund staff. It also contains recommendations on: 1) Mozambique's eligibility for assistance under the HIPC Debt Initiative; 2) the timing of the decision point and the completion point; 3) the target for the net present value (NPV) of debt-to-export ratio at the completion point; 4) the proposed actions by multilateral creditors to achieve the targeted NPV of debt-to-exports ratio at the completion point; and 5) the key performance criteria for Mozambique under the Initiative at the completion point. The Final HIPC Document builds on the Preliminary HIPC Document and should be read in conjunction with that document.




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