Different countries capacity to act depends on their indebtedness, foreign exchange reserves, and current account deficits.

Despite tight monetary policy and foreign exchange regulations, the scheme has boosted trade and investment while reducing intraregional indebtedness.

Recovery of indebtedness to the Fund

A. Indebtedness indicators 6 10 4

In its last phases, it had taken on large quantities of foreign debt, and over indebtedness finally sunk a model that had fundamentally failed long before that.

The private sectors in Costa Rica, El Salvador and Guatemala increased their external indebtedness in the face of lower foreign interest rates and less stringent administrative restrictions.

(a) Settling all indebtedness to the United Nations

Following the Asian financial crisis of the late 1990 s, emerging economies began to accumulate massive foreign exchange reserves to protect themselves against the risks of external over indebtedness.

These rules must allow for a gradual reduction in indebtedness.

Indebtedness must also be properly incorporated into the scale methodology.

We also know that excessive indebtedness curbs growth and development.

Over the last 12 months, the indebtedness problem had grown.

Excruciating external indebtedness remains a major impediment to our development.

Secondly, there is our States apos burden of foreign indebtedness, which has reached an intolerable level and which continues to weigh ever more heavily upon them, worsening their economic and social difficulties.

7. Welcomes initiatives that have been undertaken to reduce outstanding indebtedness

To quit the eurozone would only increase their level of indebtedness.

The consequences of this excessive indebtedness will take years to undo.

When the pattern of indebtedness became flagrant, strong action would be taken.

Indebtedness, the collapse of commodity prices, insufficient foreign aid and reluctance on the part of private investors had had deleterious effects on the Syrian economy which a true spirit of cooperation ought to mitigate.

The external indebtedness of developing countries poses the biggest impediment to their development.

The excruciating external indebtedness, inter alia, remains a major impediment to our development.

Transactions directly between funds other than the General Fund are usually reported as indebtedness from the General Fund to the fund owed and indebtedness to the General Fund from the fund owing.

All of this represents an utterly unexpected recovery from the vast public and private external indebtedness of just a decade ago. Indeed, Argentina s sharp rebound has generated a huge accumulation of foreign reserves for the country.

The representative of the United States stated that his country attached great importance to the question of indebtedness and looked forward to the work of the Committee apos s Working Group on Indebtedness.

Transactions directly between funds other than the United Nations General Fund are reported as indebtedness from the General Fund to the fund owed and indebtedness to the General Fund from the fund owing.

Local governments indebtedness soared, and fixed investment surged toward an unprecedented 50 of GDP.

Nor can it remain indifferent to the increasingly unacceptable indebtedness of its university students.

The burden of external indebtedness is one of the most serious obstacles to progress.

None the less, most developing countries are faced with the problem of high indebtedness.

Poverty, unemployment and indebtedness were just a few of the challenges facing developing States.

63. A most disturbing question confronting the developing countries was that of excessive indebtedness.

The problem of over indebtedness is thus not limited only to low income countries.

Nicaragua, as a country with a high indebtedness, attributes great importance to this subject.

It will take years to overcome the excessive indebtedness and real estate overhang that resulted.

A vicious downward spiral followed, with mounting indebtedness further constraining investment, diversification and income growth.

This extremely painful situation is a significant cause of the developing countries apos external indebtedness.

Since most African countries depend on from two to three main primary commodity exports for the bulk of their foreign exchange earnings, their external performance and external indebtedness are directly influenced by short term instability of primary commodity prices.

financial indebtedness and procedures to be followed with a view to resolving the issues relating thereto

34. At the 159th meeting, the Committee resumed its consideration of problems relating to financial indebtedness.

The Working Group was briefed regularly by the host country representatives on the problem of indebtedness.

30. At the 164th meeting, the Committee resumed its consideration of problems relating to financial indebtedness.

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

The indebtedness coefficient should be larger, moreover, in order to reflect more accurately the considerable impact of indebtedness on the capacity to pay of a country which, like Algeria, earmarked the bulk of its export earnings for debt service.

But in the end, these very different circumstances produced a common and inherently simple problem over indebtedness.

(f) Venezuela The incidence that the payment of the foreign debt has had on the poverty growth in developing countries, in terms of the social cost and the investments that are sacrificed in the national budgets as a consequence of the indebtedness