WebWESP also makes reference to the group of heavily indebted poor countries (HIPCs), which are considered by the World Bank and IMF as part of their debt-relief initiativeWebconditions for reaching the completion point under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative, as specified in the decision point document. A waiver is recommended for the unmet measure, which refers to the divestiture of all the generating units of the power utility. Nicaragua’s

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WebTranslations in context of "developed and most heavily indebted" in English-Arabic from Reverso Context: In that connection, my delegation would like to urge the international community to provide the necessary support to developing countries, particularly the least developed and most heavily indebted countries.WebDebt relief given under the Highly Indebted Poor Countries Initiative and the Multilateral Debt Relief Initiative (HIPC/MDRI), in the early 2000s, gives some precedent to consider. While HIPC/MDRI took place in much more benign global economic conditions than now, LICs receiving this relief faced similar problems: economies weighed down by a heavy Webfrom previous initiatives, such as the Heavily Indebted Poor Countries (HIPC) Initiative, which was launched in 1996 by the IMF and World Bank to ensure that poor countries were able to manage their debt burden. The initiative claims to have provided close to U s$100 billion in debt relief1 since then. Focusing primarily on lessons tabulated chests mod