PROGRESS IN RECEIVING DEBT RELIEF FOR THE 42 HEAVILY INDEBTED POOR COUNTRIES (HIPCs)

Country Decision Point Completion Point Notes
Angola -- -- World Bank says debt is already sustainable
Benin July 2000 March 2003 Debt still not sustainable after Completion Point
Bolivia February 2000 June 2001  
Burkina Faso July 2000 April 2002 Had interim relief suspended for a point between DP and CP. Now reached DP therefore back on track.
      Additional debt relief was granted at CP because of worsened global environment.
Burundi Not yet reached   PRGF agreement approved in January 2004
Cameroon October 2000 Expected Q2 2004 On track with PRSP and PRGF
Central African Republic Not yet reached   PRGF programme interrupted due to political instability
Chad May 2001 Expected Q2 2004 Off Track with IMF programme
Comoros Not yet reached   PRGF programme interrupted due to political instability
Congo DR July 2003 Expected Q3 2006 Has yet to complete the PRSP
Congo Rep     Post conflict country, accumulating arrears
Cote D'Ivoire     Reached DP under original HIPC initiative. Enhanced initiative currently off-track with IMF programme mainly due to arrears
Ethiopia November 2001 April 2004 Reached completion point in April 2004.  Received topping up
Gambia December 2000 Expected Q2 2004 Off track with IMF programme
Ghana February 2002 June 2004 Reached completion point June 2004 under enhanced initiative
Guinea December 2000 Expected Q2 2004 Off track with IMF programme
Guinea-Bissau December 2000 Expected Q2 2005 Off track with IMF programme and has yet to complete the PRSP
Guyana November 2000 December 2003 Reached Completion Point in December 2003
Honduras July 2000 Expected Q2 2004 On track since January 2004 after being off tack with IMF programme. Still waiting
Kenya -- -- World Bank says debt is already sustainable
Lao PDR Not yet reached   Lao has apparently refused debt relief
Liberia Not yet reached   Country in conflict, accumulating arrears
Madagascar December 2000 October 2004 On track with PRSP and PRGF
Malawi December 2000 Expected Q3 2004 Interim from IMF not being received. Off track with IMF programme
Mali September 2000 March 2003 Reached Completion Point in March 2003
Mauritania February 2000 June 2002 Not receiving full relief from non-Paris Club creditors even after Completion Point
Mozambique April 2000 September 2001 Reached Completion Point in September 2001
Myanmar Net yet reached   No IMF programme since 1981-82
Nicaragua December 2000 January 2004 Reached Completion Point in January 2004
Niger December 2000 April 2004 Reached Completion Point in April 2004. Received Topping Up
Rwanda December 2000 Expected Q4 2003 Off Track with IMF Programme
Sao Tome and Principe December 2000 Expected Q4 2004 Off track since 2001 with IMF programme.
Senegal June 2000 April 2004 Reached Completion Point in April 2004.
Sierra Leone March 2002 Expected Q2 2005 Has het to complete the PRSP
Somalia Not yet reached   Country in conflict, accumulating arrears
Sudan Not yet reached   Country in conflict, accumulating arrears
Tanzania April 2000 November 2001 Problems with receiving relief from non-Paris Club creditors even after CP
Togo Expected 2003   In arrears to World Bank. No IMF programme.
Uganda February 2000 May 2000 World Bank analysis shows that debt is no longer sustainable
Vietnam -- -- World Bank says that debt is already sustainable
Yemen -- -- World Bank says that debt is already sustainable
Zambia December 2000 Expected Q2 2004 Off track with IMF programme

http://www.jubileeresearch.org/hipc/progress_report/tables.htm

20/12/2004