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Burundi - Decision Point Document HIPC Initiative


In August 2005, Burundi qualified for debt relief and became the 24th regional member country (RMC) to reach the decision point under the enhanced HIPC Initiative. As a result, the Boards of Directors of the IMF and the World Bank approved debt relief assistance for the country from multilateral and bilateral creditors amounting to US$ 826 million, in end-December 2004 NPV terms, over some 39 years.

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