Jubilee Research: TOTAL DEBT RELIEF BY REGION

DEBT RELIEF BY COUNTRY FOR THE 42 HIPCS (IN NET PRESENT VALUE TERMS)


	Debt Stocks	Debt Relief					Notes
Country	Before Relief	Trad Debt Relief	HIPC Relief**	Additional Bilateral	Total Relief	Remaining Debt
	1999 ($m)	($m)	($m)	Relief ($m)	($m)	($m)
Completion Point Countries
Benin	964	115	273	102	490	474
Bolivia	3,725	534	1,361	296	2,191	1,535
Burkina Faso²	882	0	562	13	575	307
Ethiopia³	4,491	542	1,407	284	2,233	2,258
Ghana	5,524	492	2,095	568	3,155	2,369
Guyana	1,164	0	673	13	686	478
Madagascar³	3,429	376	974	612	1,962	1,467
Mali	1,402	0	558	140	698	704
Mauritania	1,615	373	652	78	1,102	513
Mozambique	2,731	0	2,227	94	2,321	410
Nicaragua	5,540	1,017	3,503	118	4,638	902
Niger²	1,089	116	663	76	854	235
Senegal⁵	2,433	12	426	353	791	1,642
Tanzania	4,613	844	2,098	433	3,375	1,238	Differs from some previous analysis because end 1999 (before HIPC) rather than end 2001 figures used.
Uganda	2,010	262	1,030	38	1,329	681
SUB TOTAL	41,612	4,682	18,501	3,216	26,399	15,213
Decision Point Countries
Cameroon	6,601	1,911	1,359	1794	5,064	1,537
Chad	587	21	171	29	221	366
Congo, DR	8,404	536	6,120	825	7,481	924
The Gambia	258	13	68	4	85	173
Guinea	2,415	689	568	259	1,516	899
Guinea-Bissau	709	222	440	4	666	43
Honduras	3,296	182	580	603	1,365	1,931
Malawi	1,483	13	659	140	812	671
Rwanda	696	62	458	10	530	166
Sao Tome and Principe	191	73	101	0	174	17
Sierra Leone	844	95	601	38	733	110
Zambia	5,154	1,164	2,627	492	4,283	871
SUB TOTAL	30,639	4,980	13,753	4,197	22,929	7,710
HIPCs likely to reach Decision Point
Burundi	659	0	0	0	0	659
Central African Republic	543	10	0	0	10	533
Cote D'Ivoire⁴	7,647	723	449	0	1,172	6,476
Comoros	162	0	0	0	0	162
Congo, Rep	4,603	785	0	0	785	3,818
Myanmar	3,823	0	0	0	0	3,823
Togo	1,001	0	0	0	0	1,001
SUB TOTAL	18,438	1,517	449	0	1,966	16,472
Others
Angola¹	9,701	0	0	0	0	9,701
Kenya¹	3,873	0	0	0	0	3,873
Lao PDR	1,327	0	0	0	0	1,327
Liberia	2,037	0	0	0	0	2,037
Somalia	2,300	0	0	0	0	2,300
Sudan	14,825	0	0	0	0	14,825
Vietnam¹	11,100	0	0	0	0	11,100
Yemen¹	3,648	774	0	0	774	2,874
SUB TOTAL	48,811	774	0	0	774	48,037
GRAND TOTAL	141,178	11,473	32,477	7,121	55,708	85,470

Notes
Total debt cancelled is calculated as traditional debt relief plus the HIPC relief and additional bilateral relief for countries which are past Completion Point.
Total debt relief committed is taken as HIPC relief and additional bilateral relief which has been promised to countries which are between Decision and Completion Points.
¹ Countries deemed sustainable by World Bank
² Includes 'topping up' at Completion Point
³Debt Stocks Before Relief are end 2002/03 figures
⁴Cote d'Ivoire reached Decision Point under the original HIPC initiative but has not yet done so under the enhanced HIPC initiative. A total of $800m in debt relief was committed at the Decision Point under the original HIPC initiative. This has been added to the total figure for debt relief committed.
⁵Debt Stocks Before Relief are end 2003/2004 figures


Sources
NPV of total debt is taken from Decision Point documents for all countries past decision point. The figures for Chad, Ghana and Sierra Leone are for 2000.
Figures for Tanzania are for end June 2001
For Ethiopia the figures are for FY 2002/03
Figures for Benin, Bolivia and Senegal are for end December 1998
For Guyana, Burkina Faso, Mozambique and Mali, the 1999 figures are shown inclusive of traditional debt relief because this relief was received in 1998.
For countries which have not yet reached Decision Point, PV of debt is taken from World Bank Country Data Profiles

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

02/11/2004