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Congo - Decision Point Document HIPC Framework


In March 2006, the Republic of Congo (hereafter ‘Congo’) qualified for debt relief and became the 25th 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$ 1,679 million, in end-2004 net present value (NPV) terms.

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