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Côte d’Ivoire - Decision Point Document under the Enhanced HIPC Initiative

24-Nov-2010

On March 31 , 200 9 , Cote d’Ivoire became the 2 9 th Regional Member Country (RMC) to reach decision point under the enhanced HIPC Initiative. As a result, the Boards of Directors of the IMF and the World Bank approved a HIPC assistance of U S$ 402.3 million in end - 2007 Net Present Value (NPV) terms for Cote d’Ivoire . It is now the Bank Group’s turn to assess the situation and decide on this proposal to approve the Bank Group’s share of debt relief to Cote d’Ivoire at Decision Point estimated at US$ 199.5 million in end - 2007 NPV terms

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