Heavily Indebted Poor Countries

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:

    This is of the loon—I do not mean its laugh, but its looning,—is a long-drawn call, as it were, sometimes singularly human to my ear,—hoo-hoo-ooooo, like the hallooing of a man on a very high key, having thrown his voice into his head. I have heard a sound exactly like it when breathing heavily through my own nostrils, half awake at ten at night, suggesting my affinity to the loon; as if its language were but a dialect of my own, after all.
    Henry David Thoreau (1817–1862)

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    You know, if this is Venus, or some other strange planet, we’re liable to run into some high-domed characters with green blood in their veins who’ll blast at us with their atomic death rayguns, and there we’ll be with these—these poor old-fashioned shootin’ irons.
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    In some things, we Americans leave to other countries the carrying out of the principle that stands at the head of our Declaration of Independence.
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