The HIPC Debt Relief Initiative: Uganda's Experience

E. S. K. Muwanga-Zake and Stephen Ndhaye

No DP2001-94, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Since the mid-1980s Uganda has had debt strategies, which clearly laid down procedures for negotiating new loans and emphasized commitment to reduce the stock of debt arrears. Over this period, the country went through six Paris Club negotiations and debt reduction operations. Uganda became the first country to qualify for the heavily indebted poor countries (HIPCs) initiative and formally entered the HIPC debt relief process in April 1997, attaining its completion point in April 1998.

Keywords: Public debt; Economic assistance and foreign aid; International agencies; International economic relations; International finance (search for similar items in EconPapers)
Date: 2001
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