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what steps do the commission and the council intend to take at european or international level for further debt reduction or cancellation to help the poorest countries?

User Bolov
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Answer:1) Be eligible to borrow from the World Bank’s International Development Agency, which provides interest-free loans and grants to the world’s poorest countries, and from the IMF’s Poverty Reduction and Growth Trust, which provides loans to low-income countries at subsidized rates;2) Face an unsustainable debt burden that cannot be addressed through traditional debt relief mechanisms;3) Have established a track record of reform and sound policies through IMF- and World Bank–supported programs ; and4) Have developed a Poverty Reduction Strategy Paper (PRSP) through a broad-based participatory process in the country.

User Binarious
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