No financial loss was incurred.

No financial loss was incurred

On the closing of the accounts at the end of each financial period, the balance for loss or gain on exchange is debited to the budget if there is a net loss if there is a net gain, the gain is credited to miscellaneous income.

Figure II. Aggregate net long term financial transfers

This reflects the fact that the multilateral financial institutions are no longer providing net financial resources to developing countries, but are currently net recipients of financial resources.

And in sub Saharan Africa, a terms of trade loss of 9 billion simply cancelled out 9 billion in net financial transfers (see tables 1 to 7 below).

Less Net loss on exchange on pledges 33 122 1 404 146 1 437 268

II. TRENDS IN THE NET FINANCIAL TRANSFER TO DEVELOPING

11 The net transfer on financial resources is defined as the difference between net capital inflows and net international payments to capital.

Compensation was paid for both financial loss and moral injury.

The increase in net financial outflows from that group of countries and the fact that the multilateral financial institutions had become net financial transfer recipients were a cause of grave concern.

The net effect of these brutal measures was a general loss of faith in the system.

II. TRENDS IN THE NET FINANCIAL TRANSFER TO DEVELOPING COUNTRIES

On the closing of the accounts at the end of each financial period, if the balance of the exchange accounts reflects a net loss on exchange, it is debited to the budgetary account.

It is now estimated that the hurricanes have resulted in a net loss in employment of about 40,000.

(iv) On the closing of the accounts at the end of each financial period, if the balance of the exchange accounts reflects a net loss on exchange, it is debited to the budgetary account.

(iii) On the closing of the accounts at the end of each financial period, if the balance of the exchange accounts reflects a net loss on exchange, it is debited to the budgetary account.

(iii) On the closing of the accounts at the end of each financial period, if the balance of the exchange accounts reflects a net loss on exchange, it is charged to the budgetary account.

(iii) On the closing of the accounts at the end of each financial period, if the balance of the exchange accounts reflects a net loss on exchange, it is debited to the budgetary account.

Table 3 Selected multilateral financial institutions net transfers of resources, 1990 2004a

Perversely, some developing countries have now become net exporters of financial resources.

Loss of and defaults on investments, which will have longer term financial consequences

C6 Support claims are for the loss of financial support to the claimant.

This means that the multilateral financial institutions are no longer providing net financial resources to developing countries, but are currently net recipients of financial resources that are needed by these countries to achieve the Millennium Development Goals.3

Subtracting the direct loss of 57.2 million (which is already counted under quot direct losses quot ), the net loss to the economy due to dynamic effects in 1992 was 85.8 million.

Africa in fact suffered a decline in its access to real resources, to the extent to which the terms of trade loss was larger than the net transfer on a financial basis ( 10 billion against 5 billion).

The net financial transfer of a country is thus the financial counterpart to the balance of trade in goods and services.

In many cases, the incremental effort in some projects can lead to significant financial loss.

The petitioner could have claimed damages under general rules of Danish law, both for the financial loss allegedly suffered by him and for non pecuniary loss.

Multilateral financial institutions had become net recipients of financial resources from developing countries, as loan repayments had started to outstrip loan disbursements.

Several discussants noted the continued net transfer of financial resources from developing to developed countries.

Despite economic difficulties, some African countries continued to experience positive net inflows of financial resources.

The value of the food items totalled 1,530, which was recovered, resulting in no financial loss.

In employing the term fraud, the Secretariat excluded waste, abuse, property loss or misleading financial information.

22. ODF has increased (in terms of current prices) faster than all other net financial flows.

In 1993, nearly half the net financial transfer went into reserves (see table 1 below). English

In the same period, the accumulated net transfer on a financial basis was around 3.5 billion.

11. The cost estimate for the 12 month period amounting to 134,814,000 gross ( 130,450,000 net) reflects a decrease of 7,470,000 gross ( 7,244,000 net) from the appropriation of 142,284,000 gross ( 137,694,000 net) for the current financial period.

Since 1997, net outward transfer of financial resources from poor countries to rich countries has steadily increased, while net official flows to all developing countries remained negative.

However, net transfer of capital was a relevant measure of the extent to which developing countries and transition economies as a whole were net financial flow recipients.

Expenditures are estimated at 2,388,400 gross ( 2,276,300 net) resulting in an unencumbered balance of appropriations amounting to 1,142,200 (gross and net) for the period. III. FINANCIAL ADMINISTRATION

190. The loss to the Organization resulting from the reported financial irregularities and thefts amounted to 189,090.

(h) Rule 112.3, Financial responsibility, is amended to clarify that staff members are to be held responsible for financial loss resulting from their gross negligence and to ensure consistency with the wording of the other amendments necessary to establish the existence and the extent of the financial responsibility of staff members for financial loss suffered by the Organization.

13. Not all the increased net financial transfer to developing countries went to finance current account deficits.

In Asia, more or less half of the net financial transfer of 48 billion covers such losses.