The Commonwealth Secretariat convened a high-level meeting on 2–3 August 1999, to exchange ideas and experiences on the issues central to reform of the HIPC Initiative, launched in September 1996. The meeting also reviewed the proposals of the Cologne Debt Initiative, launched in June 1999 by the G8 industrialised countries, which in turn aims to secure deeper, broader and faster debt relief with major changes to the HIPC Initiative.
The meeting was attended by High Commissioners and senior government officials from Commonwealth HIPC countries, and representatives of civil society, the academic community, religious groups, non-governmental organisations (NGOs) and the press.