Poor Country

Poor Country

Hipc Completion Point (in the Human Development Area)

In this context, Poor Country means:

the date at which a country included in the Debt Initiative for Heavily Indebted Poor Countries (HIPCs) successfully completes the key structural reforms agreed on at the HIPC decision point, including developing and implementing a poverty reduction strategy. The country then receives the bulk of its debt relief under the HIPC Initiative without further policy conditions.


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