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The HIPC Debt Relief Initiative: Uganda's Experience

Author

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  • E. S. K. Muwanga-Zake
  • Stephen Ndhaye

Abstract

Since the mid-1980s Uganda has had debt strategies, which clearly laid down procedures for negotiating new loans and emphasized commitment to reduce the stock of debt arrears. Over this period, the country went through six Paris Club negotiations and debt reduction operations. Uganda became the first country to qualify for the heavily indebted poor countries (HIPCs) initiative and formally entered the HIPC debt relief process in April 1997, attaining its completion point in April 1998.

Suggested Citation

  • E. S. K. Muwanga-Zake & Stephen Ndhaye, 2001. "The HIPC Debt Relief Initiative: Uganda's Experience," WIDER Working Paper Series DP2001-94, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:dp2001-94
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    File URL: https://www.wider.unu.edu/sites/default/files/dp2001-94.pdf
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    Cited by:

    1. ALEME, Timkete, 2019. "An Econometric Analysis Of Determinants Of Debt Sustainability In Ethiopia," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 23(1), pages 39-55, March.

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