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ADF VIII Donor's Report: Fighting Poverty in Asia : III. Poverty in Developing Asia
C. The Heavily Indebted Poor Countries13. Donors concluded that there may be minimal or no request for ADB to finance debt relief under the Heavily Indebted Poor Countries (HIPC) Initiative during the ADF VIII replenishment period (2001-2004). However, Donors recommended that ADB should report on any participation by ADF borrowers in the HIPC Initiative at the time of the ADF VIII midterm review, or at any other time as appropriate. Donors agreed to discuss how to finance any cost related to the HIPC Initiative when the situation warrants it, while maximizing the use of internal resources of ADB. In that context, however, Donors agreed that any financing should not undermine the financial integrity of ADB or compromise the capacity of ADF.
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