total debt cancellation for poverty reduction
- HUMAN-NEEDS BASED DEBT SUSTAINABILITY ANALYSIS: A MAJOR CHALLENGE FOR ZAMBIA – August 2005; With the attainment of the HIPC Completion point in April this year, Zambia is now faced with a great challenge of comprehending the meaning of debt sustainability. The country’s 5 years’ experience of implementing the HIPC initiative continues to show the dangers of basing debt sustainability on a narrow economic and financial definition.
- The Meaning of the HIPC Completion Point to Zambia is it Worthwhile? – The Heavily Indebted Poor Countries Initiative (HIPC) was initially introduced by the international creditor community in 1996 and was “enhanced” in 1999. The IMF and World Bank assumed the role of “gate keepers” in this initiative- to ensure that this initiative was to be accompanied by “sound” macro-economic policy … (full text HIPC Centre, see also on IMF).
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About /Background and FAQs: Jubilee-Zambia is a national movement campaigning for the total cancellation of all Zambia’s foreign debt and that of other poor countries. Continuer la lecture de « Jubilee Zambia »
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