(e) Debt service coverage

Debt service coverage and bond interest

Lower interest rates on loans are available in capital markets to borrowers who have ample debt service coverage , which is defined as total revenues available for debt service as a percentage of the required debt service. The availability of ample

debt service coverage reduces the financial risk to investors and translates into lower borrowing costs for the borrower.

After service medical coverage 1 108.1

Debt service a

Level annual debt service

The least developed countries, and some donors, called for improvement of the scope and coverage of existing debt relief schemes and mechanisms, including those relating to debt service obligations to multilateral institutions.

The LDCs, and some donors, called for improvement and continuation of the scope and coverage of existing debt relief schemes and mechanisms, including those relating to debt service obligations to multilateral institutions.

Debt service payment (billions of dollars)

Ample debt service coverage for a United Nations bond could be created by permitting the trustee to set aside a higher than required percentage of assessment payments tendered by Member States to permit the accelerated collection by the bond trustee of the total annual debt service requirement.

The resolution, moreover, calls for the treatment of multilateral debt to alleviate debt and debt service burdens.

To address the debt burden problem, many African countries at first resorted to repeated debt rescheduling which focused on debt service flows, resulting in steadily increasing debt stocks and related service payments.

As for the ratio of debt service to exports, the peak was achieved in 1982, when the burden of the debt service caused the outbreak of the debt crisis.

Haiti Stock of arrears and projected debt service, 2000 2005

Currently its debt service status amounts to 115 million annually.

Debt service as percentage of export of goods and services

The portion of the assessment due for plan debt service, or assessed plan debt service , would be 10 per cent of 52 million, or 5.2 million.

Construction fund earnings would be applied to the annual debt service requirement, thereby reducing the net annual debt service to be met by the set aside procedure.

5. The News Coverage Service produced 412 press releases in English and 383 in French.

The situation is further exacerbated by the country's debt service problems.

We have been able partially to service our debt since 1991, but debt servicing has now reached unsustainable levels.

In Lebanon, persisting high levels of public debt forced the Government to direct much of its expenditure towards debt service.

As for the Paris Club, the concept of debt and debt service reduction has been more widely applied since 1988.

The ratios of external debt to exports and debt service to exports are substantially lower than they were in 1982.

Debt reduction, either through stock of debt reduction or debt service reduction based on a concessional rescheduling, will continue to be considered only in exceptional cases.

Moreover, when countries had no capacity to service their external debt, debt cancellation did not generate more resources for development, although it did improve debt indicators.

The international community responded with an international debt strategy that evolved as it came to be realized that deeper debt and debt service reductions were needed.

8. Supports the Administrator apos s initiatives to expand audit coverage through the regional service centre concept

The combination of all these factors contributed to an acceleration of government debt accumulation and made debt service difficult or impossible.

This will make it possible for the Greek government to service its debt.

Government debt service has in general become easier, owing to low interest rates.

According to this definition net transfer is disbursements minus total debt service payments.

The level of debt service continues to constrain import capacity and hamper growth.

The end result of providing ample debt service coverage in the manner described above would be a high to medium grade credit rating for the United Nations loan, which would in turn reduce the overall cost of borrowing.

Identifying and remaining vigilant to the existence of disparities in health service coverage constitutes an important starting point.

A provision is also made for the estimated liability applicable to the GM for After Service Medical Coverage.

The pilot regional service centre is to be expanded to other regions thereby increasing audit coverage in 1994.

9. The Regional Service Centre covers the Asia and Pacific region and audit coverage has been significantly increased.

The strategy has encouraged debt and debt service reduction by the banking community for heavily indebted countries undertaking macroeconomic and structural reforms.

While debt service payments declined over 1990 and 1991, they are estimated to have risen again in 1992 as a result of expanding multilateral service payments. 4 Unable to fully meet their debt service obligations, many of the LDCs have accumulated payments arrears.

quot Stressing the importance of alleviating the onerous debt and debt service burdens connected with all types of debt, commercial and public, multilateral and bilateral, of all developing countries,

Developing countries today are paying enormous amounts just to service the interest on debt.

The ratio of debt service to exports, however, has declined for sub Saharan Africa.

The Service assigned its photography editor to assist in the photographic coverage of the Conference and made special arrangements to ensure cost free cooperation from Austrian government photographers to increase coverage.