Which of the Following Statements About the 1996 Heavily Indebted

Which of the following statements about the 1996 Heavily Indebted Poor Countries (HIPC) Initiative is true?

A) The initiative was launched by the World Bank, International Monetary Fund, and other organizations to ease the external debt burden of highly indebted developing countries that carried out economic reforms to improve educational attainment, health care, and other social conditions.
B) The initiative was struck down by the United Nations in 2005 after several highly indebted developing countries used the funding intended to ease their external debt burden to strengthen their military forces, and not to improve educational, health care, and social conditions.
C) Both of the above.
D) None of the above.