In what year was the MDRI launched?

In what year was the MDRI launched?

• A. 2006
• B. 1999
• C. 2010
• D. 2002

Answer: (A)

The key idea is when the MDRI began to deliver debt relief. It was agreed at the 2005 Gleneagles summit to provide full debt relief from multilateral creditors, but the actual start of relief flowing to eligible countries happened in 2006. So the year the MDRI effectively launched is 2006. The earlier 2005 date is the announcement, not the start of relief, and the other years don’t fit the timeline of when the relief began.

The key idea is when the MDRI began to deliver debt relief. It was agreed at the 2005 Gleneagles summit to provide full debt relief from multilateral creditors, but the actual start of relief flowing to eligible countries happened in 2006. So the year the MDRI effectively launched is 2006. The earlier 2005 date is the announcement, not the start of relief, and the other years don’t fit the timeline of when the relief began.