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RDC - HIPC Approval Document-Decision Point under the Enhanced HIPC Framework

07-May-2004

In July 2003, the Democratic Republic of the Congo (DRC) reached its decision point and became the 23rd regional member country (RMC) to qualify for debt relief under the enhanced HIPC framework 1 . The Boards of Directors of the IMF and the World Bank approved US$ 6.3 billion worth of debt relief in end-2002 NPV terms for the country.

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