You are here

Burundi - HIPC Approval Document Decision Point under the Enhanced Hipc Initiative


In August 2005, Burundi qualified for debt relief and became the 24 th 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 nominal terms, over some 38 years.

Related Sections