Heavily Indebted Poor Countries (HIPC) is a group of 39 developing countries with high levels of poverty and debt overhang which are eligible for special assistance from the International Monetary Fund (IMF) and the World Bank.
Read more about Heavily Indebted Poor Countries: History and Structure, Funding, Criticism, Response To Criticism
Famous quotes containing the words heavily, indebted, poor and/or countries:
“The hearts that would have given their blood like water,
Beat heavily beyond the Atlantic roar.
Fair these broad meads—these hoary woods are grand:
But we are exiles from our fathers’ land.”
—John Galt (1877–1957)
“The Right Honourable gentleman is indebted to his memory for his jests, and to his imagination for his facts.”
—Richard Brinsley Sheridan (1751–1816)
“The mastery of one’s phonemes may be compared to the violinist’s mastery of fingering. The violin string lends itself to a continuous gradation of tones, but the musician learns the discrete intervals at which to stop the string in order to play the conventional notes. We sound our phonemes like poor violinists, approximating each time to a fancied norm, and we receive our neighbor’s renderings indulgently, mentally rectifying the more glaring inaccuracies.”
—W.V. Quine (b. 1908)
“I candidly confess that I have ever looked on Cuba as the most interesting addition which could ever be made to our system of States. The control which, with Florida, this island would give us over the Gulf of Mexico, and the countries and isthmus bordering on it, as well as all those whose waters flow into it, would fill up the measure of our political well-being.”
—Thomas Jefferson (1743–1826)