At the July 2005 G8 Summit in Gleneagles, Scotland, G8 leaders pledged to cancel the debt of the world's most indebted countries. A buildup of foreign debt, owed by many low-income countries throughout the 1970s and 1980s, left many nations with unsustainable debt burdens. A number of creditors, including the main multilaterals, joined the G8 decision to provide debt relief for the Heavily Indebted Poor Countries (HIPC).
Ever since, Multilateral Development Banks have met on an annual basis to discuss debt and related issues. The meeting has focused on progress in the implementation and financing of the HIPC Initiative, which was launched in 1996 to call on the voluntary provision of debt relief by all creditors. Other points covered have included country-specific HIPC cases, participation of creditors as well as debt sustainability in LICs in the context of the HIPC Debt Relief Initiative and the Multilateral Debt Relief Initiative (MDRI).
Invitees are mainly representatives from multilateral institutions from around the world. Bilateral creditors also participate.
MDB Meeting on Debt Issues - July 10 & 11, 2012
Meeting Venue and Accommodation:
The meeting will be held in conference room MC2-800 in the Main Complex of The World Bank located on 1818 H Street NW. Should you require assistance with your lodging, kindly contact Ms. Detre Dyson at firstname.lastname@example.org or via fax +1 202.522.3740 no later than Friday, June 29, 2012.
Kindly confirm your participation by registering online no later than Friday, June 29, 2012. [Online Registration]
If you need additional information or if you have any questions please contact Pascaline Maseko (email@example.com). Please copy both Detre Dyson (firstname.lastname@example.org) and Ivana Ticha(email@example.com) on your request.
A. Country Documents and Reports
MDB Meeting on Debt Issues - July 6 & 7, 2011
MDB Meeting on Debt Issues - July 7 & 8, 2010
MDB Meeting on Debt Issues - July 8 & 9, 2009
Multilateral Debt Relief under HIPC and MDRI - 2010 Reporting Exercise
MDB Meeting on Debt Issues - July 9 & 10, 2008
MDB Meeting on Debt Issues - July 11 & 12, 2007
MDB Meeting on Debt Issues - June 21 & 22, 2006
Multilateral Debt Relief under HIPC and MDRI - 2006 Reporting Exercise