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AID: Mozambique (MRB Nov 2001): Debt switches urged.
Mozambican Finance Minister Luisa Diogo has challenged bilateral creditor countries to pursue creative methods towards debt alleviation and has suggested the transformation of debt into development programmes.
Diogo was speaking at a joint Maputo press conference on at the end of the first regional meeting of finance ministers of the Highly Indebted Poor Countries (HIPC) in Eastern and Southern Africa.
Mozambique has reached the completion point of the enhanced HIPC initiative of the World Bank. This measure, plus the original HIPC initiative, led to the country's debt stock declining by 73 per cent, and it now stands at around 750 million US dollars. The ...
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- Press release article from: M2 Presswire March 7, 2003 700+ words
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- Press release article from: M2 Presswire April 13, 2000 700+ words
...service until Mozambique reaches its completion point under the...assistance. Mozambique has received...Initiative at the completion point reached in...floating completion point, including...Annex 1. Mozambique Track record...
- World Bank and IMF support US$600 million in additional debt service relief for...
- Press release article from: M2 Presswire September 26, 2001 700+ words
...agreed today that Mozambique has taken the...necessary to reach its completion point under the enhanced...ANNEX 1. Mozambique Steps Required to Reach Completion Point Under the Enhanced HIPC Initiative Mozambique's eligibility...
- IMF and World Bank support US$600 million in additional debt service relief for...
- Press release article from: M2 Presswire September 26, 2001 700+ words
...agreed today that Mozambique has taken the...necessary to reach its completion point under the enhanced...ANNEX 1. Mozambique Steps Required to Reach Completion Point Under the Enhanced HIPC Initiative Mozambique's eligibility...
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- Press release article from: M2 Presswire July 1, 1999 700+ words
...granted in the context of Mozambique's demonstrated record...in today's values). Mozambique is the fourth country to reach the completion point under the HIPC Initiative...debt relief will reduce Mozambique's external public debt...
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- Magazine article from: African Business De Giorgio, Emmanuelle Moors November 1, 1999 700+ words
...conditions imposed on Mozambique. "Under the HIPC initiative...cancelled." "For Mozambique," says Hanlon...April 1998, and the completion point' was 30 June 1999. Among the conditions Mozambique had to meet before completion...
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- Press release article from: M2 Presswire July 21, 2005 700+ words
...will travel to Maputo, Mozambique (July 24-26) and Lusaka...Africa for the Fund. In Mozambique, Mr. Kato will meet with...HIPC) Initiative^1. 1 Mozambique reached the completion point under the enhanced HIPC Initiative...