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Zambia - Completion Point Document under the Enhanced HIPC Inititiave
On August 31, 2006, the Republic of Malawi became the 16 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 a HIPC assistance of US$ 646 million in end-1999 NPV terms for Malawi. In addition, a topping-up assistance of US$ 411 million in end-2005 NPV terms was approved for Malawi.