In part, the decline was due to increased holdings of foreign public debt relative to private debt.

The debt was due for repayment at the end of 1993.

All three unorthodox remedies have been used in past debt crises.

Due to this creation of debt formed money, most of the world's money represents a debt with interest to be paid.

38. As in the past, the external debt data used in the preparation of the scale represent debt stock information obtained from World Bank World Debt Tables.

ODA debt is rescheduled over 30 years, with no principal due for 12 years.

Creditors need to exercise due diligence in making such decisions, to avoid unsustainable debt accumulation.

Third world debt burdens are little more than a scorecard for past development failures.

The other option lets creditors restructure the debt at concessional interest rates so that the net present value of the debt servicing payments due on the debt will be reduced by half.

At the aggregate level, the debt indicators have improved significantly in the past dozen years.

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.

There have been reductions in the ratios of debt to gross national income and debt service to export earnings since 2000, due to strenuous efforts at repayment by developing countries and some debt relief.

And Europe s debt problems are now widely acknowledged to be due to ill conceived aspects of European integration.

When contemplating the consequences of this, remember that 40 of US government debt comes due within two years.

Liberia joins 22 other sub Saharan countries that have received comprehensive debt relief over the past decade.

In the past 10 years, five million people have died due to a war in the east.

And it is in America s public debt that the debris of its financial system s broken promises are collected, just as Italy s massive public debt reflects its past national prodigality.

Some mortgages even had negative amortization payments did not cover the interest due, so every month the debt grew more.

The bonds can be structured to mature (i.e., come due) over 25 years, resulting in level annual debt service requirements.

The international community has, so far, failed to develop effective and equitable arrangements for restructuring sovereign debt, despite the clearly dysfunctional and problematic consequences of past international public debt crises.

Flows from the World Bank fell during the second half of the 1980s due to repayments on past loans.

(i) An asset is a resource owned by or due to the organization as a result of past events

The financial sector s explosive growth over the past two decades has fueled the accumulation of exceptionally large volumes of debt.

Again, there are limits to comparisons it is especially hard to infer from past episodes the limits to public debt.

UNIDO's current stability and international prestige were largely due to the leadership of Mr. Magariños over the past eight years.

Greece s default on its national debt need not mean an explicit refusal to make principal and interest payments when they come due.

The silver lining of past financial crises in Latin America is that most individuals carry far less debt than do Americans.

47. In the past few years, quot reduction quot had become part of the vocabulary of Second Committee resolutions on debt.

We are particularly pleased that the due process of consultations with Member States has taken place over the past two months.

Instead, they focused exclusively on US foreign debt, ignoring household debt (mortgage and consumer debt), public debt, business debt, and financial debt.

The third assumption is that the United Nations underestimated the flight of capital and the erosion of growth due to external debt servicing.

Despite the many debt rescheduling agreements concluded over the past few years, the servicing of debt continues to consume over 22 per cent of all export earnings and continues to obstruct investment and human development.

The enormous external debt the repayment of which requires a huge outlay is preventing us from providing our regions with due support for development.

Debt sustainability and debt relief

He noted that the total debt of the developing countries had increased by 25 per cent in the past five years and that, in 1993 alone, the developing countries had incurred new debt amounting to 71 billion.

The same day, Puerto Rico's Governor Alejandro García Padilla announced he had blocked a 422 million debt payment that was due on Monday, May 2.

There is little evidence for Rogoff s implicit assumption that investors decisions today are driven by the government s handling of its debt in the past.

France s economic performance has been lackluster during the past ten years, particularly with respect to competitiveness, debt sustainability, public spending, and the labor market.

For a number of countries the debt problem has eased over the past few years, but in many others it is far from over.

B. External debt and debt relief

As has been stated by past Presidents of the Tribunal, due process and human rights cannot be sacrificed in favour of speeding up trials.

This option restructures the debt servicing due during the consolidation period at market rates, but reschedules it over 25 years with a 14 year grace period.

With due deference to the 2003 Evian approach , there has, however, been no real initiative to address the debt of low income and middle income developing countries that are not part of the Heavily Indebted Poor Countries (HIPC) Debt Initiative process.

As of 1 June 1994, missions had failed to address more than 4 million in past due obligations, and individuals owed more than 1 million.

More debt relief encompassing more countries and more debt (including bilateral debt) is needed.