Somalia:Enhanced Heavily Indebted Poor Countries Initiative-Request for Additional Interim Assistance

Enhanced Heavily Indebted Poor Countries Initiative-Request for Additional Interim Assistance
Volume/Issue: Volume 2021 Issue 069
Publication date: April 2021
ISBN: 9781513576411
$18.00
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Topics covered in this book

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Exports and Imports , Money and Monetary Policy , Public Finance , International - Economics , HIPC completion point , HIPC decision point , debt service obligations to the fund , Somali authorities , HIPC assistance , Debt service , Debt relief

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Summary

The authorities are requesting additional interim HIPC assistance from the Fund in the amount of SDR 680,000 (Appendix I) to cover the period March 25, 2021- March 24, 2022. The interim HIPC assistance will be applied to cover 100 percent of eligible debt service to the IMF falling due over the 12 months starting from March 25, 2021.