Cameroon vs Democratic Republic of Congo: Status under enhanced HIPC initiative
Status under enhanced HIPC initiative over time
- Cameroon
- Democratic Republic of Congo
How they compare
Cameroon currently reports 2 against 2 in Democratic Republic of Congo, a difference of 0.
The two have swapped places 2 times across 12 shared years of data; in 2000 it was Democratic Republic of Congo ahead.
Cameroon ranks 7th and Democratic Republic of Congo ranks 7th of 42 countries.
Individual pages
About this data
Indicator shows the status of heavily indebted poor countries country under the enhanced HIPC initiative. Heavily indebted poor countries reach HIPC decision point if they have a track record of macroeconomic stability, have prepared an Interim Poverty Reduction Strategy through a participatory process, and have cleared or reached an agreement on a process to clear, the outstanding arrears to multilateral creditors. The amount of debt relief necessary to bring countries’ debt indicators to HIPC thresholds is calculated, and countries begin receiving debt relief. Heavily indebted poor countries reach HIPC completion point if they maintain macroeconomic stability under a Poverty Reduction and Growth Facility (PRGF) supported program, carry out key structural and social reforms agreed on at the decision point, and implement satisfactorily Poverty Reduction Strategy for one year. Debt relief is then provided irrevocably by the country’s creditors.