Debt servicing undoubtedly limited the capacity of developing countries to pay.

The debt servicing capacity of the DDLICs differs widely as well.

The countries differ widely in terms of population size, level of indebtedness and debt servicing capacity.

In spite of the increase in total debt, debt burden indicators, which largely reflect debt servicing capacity, have improved at the aggregate level (see figure 1).

Servicing of external public debt

In addition, the low income countries that also sank into debt crises, even while having relied mainly on official sources of funds, have yet to return to long run debt servicing obligations that lie within their debt servicing capacity.

C. Difficulties in servicing multilateral debt

Debt reduction agreements should be tailored to the servicing capacity of a debtor country, taking into account social restraints.

65. Moreover, while debt burden indicators, which reflected the debt servicing capacity of countries, had improved at the aggregate level, in his country, debt stock, most of which was denominated in marks, was so great that debt servicing would be a burden for the next several years.

The debt burden in turn required huge servicing payments which limited their capacity to buy the capital goods so necessary for building long term productive capacity.

Debt servicing is often paid from aid disbursements, producing a debt cycle.

Debt servicing accounted for the bulk of Africa apos s debt burden.

The debt strategy should include, among other things, a drastic reduction of debt and debt servicing.

Those countries' debt must also be cancelled without further delay, as UNCTAD had recently recommended for Africa, and the capacity of poor countries to manage their debt stock and debt servicing must be strengthened.

C. Difficulties in servicing multilateral debt 43 49 15

Debt servicing represents a significant proportion of government expenditure.

Indeed, some low income countries with low debt servicing capacity will need to draw mainly on concessional official flows for the foreseeable future.

The debt restructuring measures had dealt primarily with commercial debt and debt servicing obligations to official bilateral creditors.

The Bank apos s measure of the degree of indebtedness aims to help evaluate a country apos s long term, debt servicing capacity and thus the potential for future debt difficulties.

The debt relief measures had not benefited a large number of countries overburdened with debt repayment and debt servicing.

Indeed, any rescheduling of debt servicing obligations is expressly forbidden.

Radical measures are necessary for reducing in the debt and debt servicing burden of developing countries.

Further measures were necessary to reduce the debt and debt servicing burden of the developing countries.

Debt servicing represents 23.7 per cent of goods and services exports.

quot (e) Repayment and servicing of Iraq apos s foreign debt

In that study, the net present value of debt servicing was examined under different debt restructuring options.

The other was to help the major developing country debtors restore their debt servicing capacity, regain their creditworthiness, and thereby renew access to private capital markets.

In several cases, the early strategy even aggravated the problem by arranging new lending to help finance existing debt servicing, which mainly postponed a more severe debt servicing crisis.

However, despite such efforts, too many countries continue to be plagued by acute debt and debt servicing problems.

The debt servicing capacity of developing countries should be strengthened, inter alia, through new flows of financial resources in the form of long term loans and investment.

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

Extensive external debt and debt servicing obligations continue to be important constraints on the advancement of the developing countries.

Environmental assessment through consultation, institutional capacity building and servicing, and database support and development, with emphasis on spatial information technology transfer through its institutional capacity building and servicing component.

Indeed, nearly a third of our financial resources are devoted to debt servicing.

Moreover, servicing the debt had consumed about 24 per cent of that revenue.

(f) A number of countries in transition were experiencing serious debt servicing difficulties.

Debt servicing alone is estimated at over 60 per cent of export receipts.

22. The measures taken to reduce the debt stock and debt servicing of least developed countries had not been sufficient.

Its debt was three times as large as its exports and its debt servicing ratio was over 40 per cent.

The countries of sub Saharan Africa are exhausted by the burden of debt and debt servicing, which obstructs their development.

The benefits of debt relief do not increase linearly with the amount of debt servicing reduced they materialize when debt reduction exceeds a critical mass.

An international debt strategy should incorporate measures to reduce debt and reschedule debt servicing and increase financial flows to low income and severely indebted countries.

There have been proposals to limit debt servicing in order to prioritize social spending.

The overall ratio of debt servicing to export earnings was almost 30 per cent.

It seeks to provide comprehensive treatment of debt crisis countries by debt reduction in three stages rather than a simple rephasing of the debt servicing schedule.