The attainment of the Millennium Development Goals depends on sound policies, good governance, and adequate financing. Trade liberalization especially in agricultural products would give a boost to low-income countries. Ensuring better and equal access to basic services such as education and health care, reducing poverty and underpinning a more equal income distribution, would help to enhance and sustain growth.
An operational framework for debt sustainability would enable both the countries themselves and the donors to better tailor policies to be consistent with the countries’ long-term debt sustainability. Further work on a debt sustainability framework would also facilitate our discussion about what is needed beyond the present HIPC Initiative.