What was the "Heavily Indebted Poor Countries Initiative" designed to do?
A) Cancel unconditionally some of the debts of the poorest countries
B) Cancel some of the debts of the poorest countries if they implemented structural adjustment programs
C) Encourage debt repayment by drastically reducing interest rates on loans to extremely poor countries
D) Provide economic relief to the poorest countries
E) Draw attention to unjust lending practices

Question

Quizplus · Accepted Answer

The Heavily Indebted Poor Countries (HIPC) Initiative was designed to provide debt relief to the poorest countries contingent upon their implementation of structural adjustment programs.

What Was the "Heavily Indebted Poor Countries Initiative" Designed to Do