Principal and interest on outstanding debt have been left intact.

Prepayments involve paying off at par the outstanding stock of debt.

The outstanding debt of all LDCs must be written off immediately.

For 12 countries that means cancellation of their entire outstanding debt.

Countries that have outstanding debt in dollars or other foreign currencies are especially vulnerable.

The effect of these cancellations is not yet fully reflected in outstanding debt figures.

once and for all arrangement for settling the outstanding debt of the developing countries

In many of the LDCs, debt exceeds GDP the total outstanding external debt stock is equivalent to nearly two thirds of their combined GDP.

We are not focusing only on the poorest countries or those countries with large outstanding commercial debt as a percentage of their total debt.

Countries can reduce their national debt by narrowing the budget deficit or achieving a primary surplus (the fiscal balance minus interest payments on outstanding debt).

By March 1993, creditors representing 97 per cent of Brazil apos s outstanding commercial bank debt had decided to participate in its debt rescheduling programme.

A debt standstill arose in September 1985 when South Africa defaulted on the repayment of 13.6 billion of foreign debt, which was over half of its total outstanding foreign debt at that time.

No formal debt restructuring exists for debt owed to the multilateral institutions, although countries may find that the disbursements of concessional, multilateral loans and bilateral assistance may help to service outstanding multilateral debt.

Bruegel, the Brussels based think tank, has proposed that eurobonds should constitute 60 of eurozone members outstanding external debt.

Six months later, after substantial official funds had been used to pay private creditors, the outstanding private debt was substantially restructured.

On the assumption that total external debt outstanding is repaid on the average in approximately eight years, 12.5 per cent of this debt is deducted from the national income of eligible countries.

New arrangements for monitoring member states budget balances have been introduced, but they can do nothing about the stock of debt outstanding.

The budget deficit for 2004 stood at an estimated 295 million and the country's total outstanding external debt is estimated at 846 million.

89. CDB reported that in 1992 the disbursed and outstanding external debt was US 35 million, compared with US 32 million in 1991.

The total outstanding volume of Japanese Government Bonds (JGBs) is an almost unfathomable 9 trillion, only just below the 10.5 trillion in outstanding debt for the full 17 country eurozone, which has more than triple the population.

And a higher debt America is one in which savers and lenders would have a justified greater fear that the government would resort to inflation in order to repudiate part of its outstanding debt.

Twelve countries have reached debt reduction or refinancing agreements with their commercial banks, accounting for over 92 per cent of the 260 billion in outstanding commercial bank debt of the 16 major debtor nations.

This obviously depends in part on the amount of debt outstanding, the interest rate, and the country s growth prospects if it continues to pay.

Outstanding problems

Outstanding recommendations

Outstanding issues

Amount outstanding

That's outstanding.

In exchange for specified structural reforms in Italy and Spain, the Fund would acquire and hold a significant portion of their outstanding stock of debt.

Therefore, there is a need for an innovative approach that would include, inter alia, a once and for all arrangement for settling outstanding debt and the application of debt reduction to all categories of debt, including multilateral debt, so as to provide countries with a renewed chance to generate economic growth and to advance their development.

UNITAR would be in a better position to offer quality service to Member States once outstanding issues of rent, debt and maintenance cost had been resolved.

Outstanding contribution pledges

5. OUTSTANDING ASSESSMENTS

5. Outstanding assessments

TOTAL OUTSTANDING COMMITMENTS

A. Outstanding issues

6. Outstanding assessments

4. Outstanding issues

Total outstanding pledges

Outstanding Contributions Date

My delegation also welcomes the recent proposals of the G 8 that have now led to the cancellation of the outstanding debt of heavily indebted poor countries.

For emerging markets as a whole, nearly 90 per cent of the increase in debt securities now reflects domestic issuance and at the end of 2002, domestic bonds accounted for around 80 per cent of total outstanding emerging market bonded debt.

But it is also necessary to establish an iron clad guarantee of some part of the outstanding debt, in order to remove fear of a complete write down.

As recently as 2000, China owned only about 60 billion in US Treasuries, or roughly 2 of the outstanding US debt of 3.3 trillion held by the public.

In this regard, we welcome the recent proposal by the G 8 to cancel 100 per cent of outstanding debt owed by 18 countries, including 14 from Africa.