strategy

Reviewing measures to address debt problems of low and middle income countries

Synonyms:
Achieving durable solutions to debt problems of low and middle income countries
Implementation:
This strategy features in the framework of Agenda 21 as formulated at UNCED (Rio de Janeiro, 1992), now coordinated by the United Nations Commission on Sustainable Development and implemented through national and local authorities.
Claim:
It is important to achieve durable solutions to the debt problems of low- and middle-income developing countries in order to provide them with the means needed for sustainable development. Measures to address their continuing debt problems should be kept under review. All creditors in the Paris Club should promptly implement the agreement of December 1991 to provide debt relief for the poorest heavily indebted countries pursuing structural adjustment; debt relief measures should be kept under review so as to address the continuing difficulties of these countries.
Subjects:
Income
Credit
Type Classification:
G: Very Specific strategies