Examples of using The completion point in English and their translations into Chinese
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Political
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Ecclesiastic
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Programming
As of mid-June 2012, 33 countries had reached the completion point and 3 countries(Chad, Comoros and Guinea) had reached the decision point under the initiative.
Although the enhanced Heavily Indebted Poor Countries(HIPC) initiative had been effective for some countries, only 6 of the 26 eligible countries had reached the Completion Point by July 2002 and progress continued to be slow.
While the extension of the HIPC Initiative was commendable, it was distressing that, nine years after its launching, only 14 countries had reached the completion point(A/59/270, para. 43).
Thus, on 1 July 2010, 23 African countries, including Cameroon, reached the completion point and benefited from debt relief under the HIPC Initiative.
Having reached the completion point, Tanzania is now channelling the resources that would have serviced the debt to priority sectors such as education, health, water and rural roads.
Liberia achieved the completion point of the Heavily Indebted Poor Countries Initiative in June 2010, which allowed for some $5 billion of the country' s debt to be written off.
In December 2010, Guinea-Bissau reached the completion point of the Heavily Indebted Poor Countries Initiative and was subsequently granted debt relief, reflecting the positive economic performance of the Government.
In March 2010, a Paris Club meeting was held to consider the debt situation of the Congo after it reached the completion point in the Heavily Indebted Poor Countries Initiative in January.
Three African countries reached the completion point of the HIPC Initiative in the past 12 months: Malawi in September 2006, Sierra Leone in December 2006 and Sao Tome and Principe in March 2007.
With reference to agenda item 50(b), many developing countries, including some which had reached the completion point under the HIPC Initiative, continued to face large, unsustainable debt burdens.
As of mid-May 2013, two countries(the Comoros and Guinea) reached the completion point under the HIPC Initiative, bringing the total number of completion point countries to 35.
Thus, as of June 2009, 20 African countries had reached the completion point under the HIPC Initiative and had therefore also benefited from debt relief through MDRI.
According to a World Bank evaluation of the HIPC Initiative, 11 out of 13 countries for which the required data are available have experienced deteriorated debt positions since reaching the completion point.
With public debt amounting to about 50 per cent of GDP, reaching the completion point of the Initiative and full debt relief by mid-2012 was expected to be a top priority for national authorities.
These results also allowed the country to reach the completion point under the Highly Indebted Poor Countries Initiative(HIPC) in 2003 and to benefit from the Multilateral Debt Relief Initiative(MDRI) in 2006.
By 1 March 2005, of 30 least developed countries that participate in the enhanced HIPC Initiative, 1149 had reached the completion point, 1050 had reached the decision point and 951 remained under consideration for debt relief.
Once the completion point is reached, the remaining assistance is provided.