Debt relief initiative on the occasion of the world economic summit of the G7/G8 countries in Cologne (G-SIG: 14010253)

Summary

Taking into account the goals of sustainable development in structural adjustment programs of the IMF and the World Bank, greater transparency within the framework of the HIPC initiative (heavily indebted poor countries) for the poorest heavily indebted countries, waiver of ex-GDR claims against these countries in individual cases, examination of further debt relief for underdeveloped countries, financial participation of the IMF in the initiative, strengthening the economic strength of the affected countries and their regional cooperation, measures to avoid future over-indebtedness, among other things by aligning lending with the performance of the recipient countries, no further reduction in public development financing in the OECD countries

Machine translation from German. The official text remains authoritative.

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  Drucksache · DE · 20 April 1999

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