Clifford Chance

The HIPC Debt Relief Bill – making forgiveness compulsory

1 March 2010

Debt relief to the world's poorest countries has been an issue since the launch of the Heavily Indebted Poor Countries (HIPC) Initiative in the 1990s. Draft UK legislation - the Debt Relief (Developing Countries) Bill - seeks to introduce a mandatory element to debt relief under the HIPC Initiative. This Briefing looks at the background to the Bill and its key features.

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