We welcome the efforts made so far to relieve or reschedule debt for developing countries.

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.

However, a number of them were able to reschedule significant portions of their external debt. For example, Jordan has been able to reschedule most of its non commercial bilateral and multilateral debt during the last few years.

However, this mainly reflects the measures taken to write off and reschedule part of the debt of Egypt.

Initiatives by major donors to reschedule and write off significant portions of their bilateral official debt, though welcome, did not go far enough.

Reschedule the alarm to the specified date and time.

Reschedule the alarm for the specified time interval after now.

Until December 1991, the only generally available treatment for non concessional debt servicing was to reschedule the payments due, albeit on terms that had been lengthened over the years.

Can we see if we can possibly reschedule a joint meeting later?

On 3 June, FIA decided to reschedule the race for 30 October.

The standard Paris Club terms that are applied to all other countries take the debt servicing that falls due on the eligible debt during the consolidation period and reschedule it over 10 years with a grace period of five years on principal payments.

The terms reschedule ODA loans over 20 years with a grace period of 10 years.

But we take the severe ones, and we reschedule the other ones the next day.

Under one option, creditors write off 50 per cent of the eligible debt over a certain period and reschedule the rest at market rates, with a repayment period of 23 years including a grace period of six years.

A number of foreign banks, in response to a joint plea endorsed by the main political parties and groups in South Africa, have agreed to reschedule a 5 billion debt, which was due for repayment by the end of the year.

A week after its decision to reschedule the race, Formula One announced the cancellation of the race for 2011.

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

Debt sustainability and debt relief

At the same session, in June 2004, the Assembly decided to reschedule the International Meeting from 10 to 14 January 2005 (resolution 58 213 B).

B. External debt and debt relief

He also urged the World Bank to reschedule structural adjustment loans and adopt a Paris Club type package of measures for the low income developing countries.

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

Debt

Such a debt strategy should include debt cancellation.

Debt reduction should cover a greater proportion of the debt, in certain cases the total debt.

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

B. External debt and debt relief . 27 32 10

Innovative forms of debt relief, including debt for equity swaps, debt for social development swaps, and debt for environment swaps, could be widely utilized.

Unsustainable private debt problems must be resolved by defaults, debt reductions, and conversion of debt into equity.

The resolution, moreover, calls for the treatment of multilateral debt to alleviate debt and debt service burdens.

External debt

External debt

Debt relief

External debt

What debt?

The country simply cannot keep on piling debt upon debt.

We are not asking for debt forgiveness or debt cancellation.

Total concessional debt as a percentage of total external debt

But this is debt. 80 million of debt right here.

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

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

The demand for debt repayment confronts the philosophy of debt forgiveness.

Debt to private creditors as a percentage of total external debt

Multilateral debt accounted for 97 per cent of the total debt.

No formal debt restructuring existed for debt owed to multilateral institutions.