Developing countries : the United States has not fully funded its share of debt relief, and the impact of debt relief on countries' poverty-reducing spending is unknown : report to congressional requesters.

In 1996, the Heavily Indebted Poor Countries (HIPC) Initiative was created to provide debt relief to poor countries that had reached unsustainable levels of debt. In 2005, the Multilateral Debt Relief Initiative (MDRI) expanded upon the HIPC Initiative by eliminating additional debt owed to four int...

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