The Heavily Indebted Poor Countries Initiative

Published on 01 Jan 2003

Document Summary

While the HIPC (Heavily Indebted Poor Countries) initiative represents a significant break from traditional debt relief, it is not a robust or fast enough intervention. This practice note details some arguments on how to expand the HIPC initiative and elaborates on UNDP’s role in the initiative and position on debt sustainability.

UNDP Around the world