Since HIPC (Heavily Indebted Poor Country Initiative) was introduced in 1996 as an initiative that would create an exit for countries with unsustainable debts, it has received little praise. In fact, every few years the international community has had to reform the initiative due to almost constant criticism of its practices. Its failings can be seen at every level. The main criticism being that HIPC does not provide fast or deep enough debt relief and fails its primary function of returning poor country’s debts to sustainable levels.

Reports on HIPC

Multilateral Debt: one step forward, how many back? 19.06.07

“IN-LIMBO”: CURRENT STATUS OF SOME HIPC DECISION POINT COUNTRIES

Economic Development Priorities: What next after HIPC Completion Point and PRSP?

Real Progress Report on HIPC.
A report by Jubilee Research to counter balance the World Bank and IMF's own version.

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