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Cameroon - Completion Point Document HIPC Framework


On May 1, 2006, the Republic of Cameroon became the 15 th regional member country (RMC) to reach completion point under the enhanced HIPC Initiative. As a result, the boards of Directors of the IMF and the World Bank approved, for the country, approximately US 1.27 billion of debt relief in end - 1999 NPV terms, equivalent to 27 percent reduction of Cameroon’s debt relief (in NPV terms) after traditional debt relief.

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