Annex B
UNSUSTAINABLE HIPCs NOT CURRENTLY IN THE
INITIATIVE
Burundi, Comoros, Republic of Congo, Cote d'Ivoire,
Liberia, Somalia and Sudan are countries currently or recently
in conflict that might enter the HIPC Initiative. To enter the
Initiative, they will need to fully resolve conflict, and establish
a World Bank and IMF policy performance record. At present, there
are 11 potentially eligible HIPCs that have not reached decision
point—including those that are conflict-affected. The reasons
why each country has not reached its Decision Point are set out
in the table below.
| Eligible HIPC country
| Reason not at Decision Point |
| Burundi | Continued civil conflict.
|
| Central African Republic | Coup d'état in March 2003, yet to be recognition of new authorities.
|
| Comoros | Following secessionist crisis, reconciliation process has regressed leading to suspension of the IMF Staff Monitored Programme (SMP).
|
| Republic of Congo | Following post-conflict support from 2000, currently improving Interim Poverty Reduction Strategy (I-PRSP). Continued political instability.
|
| Cote d'Ivoire | Conflict has delayed implementation of PRSP and anti-poverty measures.
|
| Lao PDR | Have yet to ask for HIPC debt relief.
|
| Liberia | Civil war. |
| Myanmar | Is in arrears to multilateral institutions and doesn't have requisite Fund/Bank-supported programmes, and authorities yet to be recognised.
|
| Somalia | Unstable security situation, peace talks yet to be finalized, and is in arrears to IMF.
|
| Sudan | Ongoing peace talks.
|
| Togo | Unstable macroeconomic policy and in arrears to World Bank, coupled with serious governance concerns.
|
|
