Zimbabwe - TA for HIPC Eligibility Assessment

The project is a grant earmarked to capacitate Zimbabwe to build national capacity in order to accessing funds under the Heavily Indebted Poor Countries (HIPC) facility. This support will be used to help the country design detailed scenarios for external debt arrears clearance and debt relief including restructuring taking into account hypothetical traditional debt relief assumptions, reviewing and undertaking macroeconomic forecasts. The exercise will also assist in identifying any gaps in the macroeconomic, external and domestic debt database and seek ways of filling them and prepare a report on the assessment of HIPC Initiative Eligibility and to senior policy makers. This programme is expected to implement a raft of economic reforms in the country.