The Multilateral Debt Relief Initiative (MDRI) provided for 100 percent relief on eligible debt from three multilateral institutions to a group of low-income countries. The initiative aimed to help eligible countries advance toward the United Nations’ Millennium Development Goals (MDGs) focused on halving poverty by 2015. As there is no longer any MDRI-eligible debt to the IMF, staff has initiated the process of liquidating the MDRI Trusts.