Since then, a considerable amount of IMF arrears was paid, as was also the case for arrears owed to the World Bank.

If the arrears criterion was used, that was the definition that should apply.

It would fall into arrears once again if there was a downturn in special projects.

The table contained in annex VIII shows the breakdown between pre dissolution arrears and post dissolution arrears.

In other words, a Member State which was in arrears would be entitled to only two copies.

There are large scale arrears in contributions.

However, it was unsatisfactory for almost one third of Member States to be permanently in arrears.

In that respect, the great volume of arrears and outstanding debts of former Member States was unacceptable.

a Excluding arrears reduction.

The United States was firmly committed to meeting current assessments and to paying arrears.

III. ARREARS AND OUTSTANDING CONTRIBUTIONS

Urging and expecting all Member States currently in arrears to fulfil their duties under international law and to settle those arrears promptly and in full,

The indifference of some countries to settling their arrears was a cause of great concern.

Page (a) Arrears and outstanding contributions

However, several countries, mostly poor, were in arrears to those institutions.

Measures to encourage the payment of arrears

The situation in Africa, for the most part, is considerably worse than it was in the early 1980s, and payment arrears continue to soar.

Belarus had paid a large part of its arrears in 2003 2005.

Privileges will be restored once the arrears have been paid in full.

Governments that are in arrears need to bring their payments to date.

Although the situation globally was better, in Africa the improvement in the debt servicing ratio had been neutralized by growing arrears in principal and interest payments.

In order to deal with arrears when they emerge, a distinction should be made between arrears resulting from a liquidity crisis and those caused by a solvency crisis.

(d) Expresses deep concern at the current level of arrears of contributions, and urges those Member States with arrears to pay their assessed contributions promptly and in full.

In a comparable operation, Peru cleared about 900 million in arrears to the World Bank, after which the Bank activated 1 billion in credits (arrears to the Inter American Development Bank were cleared in 1991).

(i) Collection of peace keeping arrears (generated internally)

(a) Collection of peace keeping arrears (generated internally)

Indeed, payment arrears of Africa continue to soar.

You have to clear the arrears this year.

After earlier reductions, all remaining arrears to the Inter American Development Bank were cleared in 1992, but the amount of arrears to the African Development Bank almost doubled in 1992 to 119 million.

In the meantime, the Secretariat was requested to meet with representatives of the five successor States to determine the exact amount of the arrears.

(f) The collection rate of prior years' arrears, as compared to the current year's assessments, was 2.3 per cent.

(f) The collection rate of prior years' arrears, as compared to the current year's assessment, was 4.7 per cent.

Canada believes that it would be entirely appropriate for such surpluses to be set off against the arrears of Member States or held in suspense until those arrears are paid.

Arrears of former Yugoslavia amount to 2,081,599 (1990 2001).

They have also fully or nearly eliminated their arrears.

The Committee noted that, between 1995 and 1997, Guinea Bissau had steadily reduced its arrears, but that since that time its arrears had increased.

This must include discussions on incentives for timely payment as well as sanctions on arrears, inter alia the possibility of charging interest on arrears.

It is necessary, in particular, that Member States that are in arrears pay their assessed contributions.

That was a paltry sum considering that the arrears responsible for the financial crisis amounted to more than 2 billion.

It was noted that a significant amount of money was still outstanding for the current year and that it would be regrettable if arrears in contributions became a problem, as was the case in other multilateral agreements.

With no access to Libyan assets frozen abroad, it frequently paid salaries weeks in arrears.

Fourthly, contributions to peace keeping operations are mandatory and arrears must be paid in full.

This expansion was in part due to new bond placements abroad, disbursements of official loans, an increase in short term credit operations and an accumulation of arrears in some countries.

At the same time, there are cases of wage arrears.

Haiti Stock of arrears and projected debt service, 2000 2005