a Excluding arrears reduction.

III. ARREARS AND OUTSTANDING CONTRIBUTIONS

The table contained in annex VIII shows the breakdown between pre dissolution arrears and post dissolution arrears.

Page (a) Arrears and outstanding contributions

Measures to encourage the payment of arrears

There are large scale arrears in contributions.

(i) Collection of peace keeping arrears (generated internally)

(a) Collection of peace keeping arrears (generated internally)

Indeed, payment arrears of Africa continue to soar.

You have to clear the arrears this year.

Since then, a considerable amount of IMF arrears was paid, as was also the case for arrears owed to the World Bank.

Arrears of former Yugoslavia amount to 2,081,599 (1990 2001).

They have also fully or nearly eliminated their arrears.

The Committee noted that, between 1995 and 1997, Guinea Bissau had steadily reduced its arrears, but that since that time its arrears had increased.

This must include discussions on incentives for timely payment as well as sanctions on arrears, inter alia the possibility of charging interest on arrears.

Urging and expecting all Member States currently in arrears to fulfil their duties under international law and to settle those arrears promptly and in full,

At the same time, there are cases of wage arrears.

Haiti Stock of arrears and projected debt service, 2000 2005

The Government still owed arrears of salaries to civil servants.

Arrears of the former Yugoslavia amount to 2,081,599 (1994 2001).

(a) Substantial payment of arrears are made by Member States

To a large extent, this problem is caused by arrears.

Although the latter are prohibited from extended new loans while arrears remain, a group of bilateral supporters can extend financial assistance and help repay the arrears.

Arrears are, however, not the most comprehensive indicator of debt servicing difficulty a country can anticipate potential problems, refinance its debt and avoid being forced into arrears.

Arrears have also recently been incurred with the African Development Bank.

However, several countries, mostly poor, were in arrears to those institutions.

But during the same period, four new countries began accumulating arrears.

All arrears of assessed contributions should be paid by Member States.

In order to deal with arrears when they emerge, a distinction should be made between arrears resulting from a liquidity crisis and those caused by a solvency crisis.

(d) Expresses deep concern at the current level of arrears of contributions, and urges those Member States with arrears to pay their assessed contributions promptly and in full.

They have also accumulated large protracted arrears with the international financial institutions.

Belarus had paid a large part of its arrears in 2003 2005.

Notices are regularly sent to member States reminding them of the arrears.

Privileges will be restored once the arrears have been paid in full.

Governments that are in arrears need to bring their payments to date.

Canada believes that it would be entirely appropriate for such surpluses to be set off against the arrears of Member States or held in suspense until those arrears are paid.

If the arrears criterion was used, that was the definition that should apply.

The State budget covers arrears of interest for housing credits owed to banks.

Payment of interest on arrears should become standard practice and should be enforced.

The facts have proved that arrears are the crux of the financial crunch.

After earlier reductions, all remaining arrears to the Inter American Development Bank were cleared in 1992, but the amount of arrears to the African Development Bank almost doubled in 1992 to 119 million.

c Defaulted on restructured loans, December 1998 defaulted on interest arrears notes, June 1999.

The United States was firmly committed to meeting current assessments and to paying arrears.

Reducing arrears is a shared priority, and it must be accomplished without further delay.

With regard to the payment of arrears, Jordan rejected any punitive measures, since the vast majority of States in arrears were developing countries that were unable to pay their contributions owing to extenuating circumstances.