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Burundi - Completion Point Document under the Enhanced HIPC Initiative - Completion Report
On January 29, 2009, Burundi became the 20th 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 debt relief of US$ 832.6 million in end-2004 NPV terms for Burundi which includes US$ 150.2 million debt relief from the Bank Group. The document presents the justification for Burundi reaching its completion point and seeks Boards’ approval for the Bank Group’s portion of the debt relief to be provided to Burundi.