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:
“I cannot think this creature died
By storm or fish or sea-fowl harmed
Walking the sea so heavily armed;
Or does it make for death to be
Oneself a living armoury?”
—Andrew Young (1885–1971)
“The Right Honourable gentleman is indebted to his memory for his jests, and to his imagination for his facts.”
—Richard Brinsley Sheridan (1751–1816)
“Give me simplicity, that I may live,
So live and like, that I may know Thy ways,
Know them and practise them: then shall I give
For this poor wreath, give Thee a crown of praise.”
—George Herbert (1593–1633)
“[W]e are all guilty in some Measure of the same narrow way of Thinking ... when we fancy the Customs, Dresses, and Manners of other Countries are ridiculous and extravagant, if they do not resemble those of our own.”
—Joseph Addison (1672–1719)