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Facts and Figures

Figure 2.3: HIPCs' Share of Aid Keeps Growing


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Figure 2.3: HIPC debt relief has been significantly additional to other net resource transfers since 2000, both in the aggregate, and for 21 of 28 individual countries. HIPC countries' share of net resource transfers to all developing countries has grown since 1999. Net transfers to HIPC countries have doubled since 1999 while transfers to other developing countries have grown by only one-third. 

Figure 3.2: Why Have Post-Completion-Point Debt Ratios Risen?

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Figure 3.2: Changes in discount and exchange rates have worked to increase debt ratios. Countries' improved exports and revenue mobilization has been offset by new borrowing. New borrowing has affected debt ratios in countries reaching completion point early twice as much as in later countries. 

Figure 4.1: IDA-Only Countries Have Improved Since 1999, and Post-Completion-Point Countries Score Highest

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Figure 4.1: Since 1999, all low-income countries, whether HIPC beneficiaries or not, have improved their policy performance as measured by their aggregate World Bank CPIA score. Countries past completion point started out with higher scores than other low-income countries and still score higher on key policy ratings. 

Figure 4.2: Countries Not Yet at Decision Point Have the Worst Governance Indicators of All Low-Income Countries



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Figures 4.2: The 20 countries not yet at completion point are facing challenges in managing their economies in recent years. Their governance, as measured by all six Kaumann, Kraay and Mastruzzi indicators, has declined in 2004 relative to 1996. 


Figure 4.5: Spending on Education as a Share of GDP Has Increased Significantly in Five
HIPC Countries

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Figure 4.5: Governments are spending more on education as a share of GDP and total expenditures (based on data for five countries), but they are spending the same or less on health, agriculture, and transportation. 



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