The operating cash flow (OF) is needed to judge debt service cover and to forecast how much debt an entrepreneur can afford

Cash available to service debt

Principal repayments on existing debt Interest payable on existing debt

The cost of debt service adjusts automatically, without the severe disruption that results from loss of confidence, crisis, debt restructuring, and so forth.

In that study, the net present value of debt servicing was examined under different debt restructuring options.

Greece s ratio of public debt service to GDP is similar to that of Portugal, or even Italy.

Indeed, any rescheduling of debt servicing obligations is expressly forbidden.

10. Increased efforts for the use of debt service for the benefit of development

As for the ratio of debt service to exports, the peak was achieved in 1982, when the burden of the debt service caused the outbreak of the debt crisis.

Moreover, in the case of domestic debt, a higher interest rate or risk premium merely leads to more redistribution within the country (from taxpayers to bondholders).

Foreigners cannot vote for the higher taxes or lower expenditure needed to service the debt.

In 1991, debt service ratio was well above 40 per cent in a number of countries.

Radical measures are necessary for reducing in the debt and debt servicing burden of developing countries.

The countries of sub Saharan Africa are exhausted by the burden of debt and debt servicing, which obstructs their development.

While debt service payments declined over 1990 and 1991, they are estimated to have risen again in 1992 as a result of expanding multilateral service payments. 4 Unable to fully meet their debt service obligations, many of the LDCs have accumulated payments arrears.

The conclusion is clear Greece s debt service burden is too large, and it must be reduced.

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

In centralized support services, opportunities for process redesign can be vigorously pursued.

The relatively low debt service cost also removes the justification for Syriza's demands for an end to austerity.

Shopped out, savings less, and debt burdened consumers have been hit by a wealth shock (falling home prices and stock markets), rising debt service ratios, and falling incomes and employment.

Debt reduction, either through stock of debt reduction or debt service reduction based on a concessional rescheduling, will continue to be considered only in exceptional cases.

This works when the IMF s share of a country s debt is small, and the country has sufficient resources to service it.

UNDP helps Vietnam in improving capacity for handling the public debt and in public administration reform, effectively supported Egypt to strengthen the capacity of the Ministry of Foreign Trade for economic management, and improved customs operations in Yemen.

It should be stressed that this average debt service ratio for the region as a whole conceals wide disparities.

Debt service reduction, normally in the form of interest reduction bonds, has been offered in three ways.

However, the net debt service burden depends on changes not only in interest rates, but also in export performance, in prices of exports, in the volume of debt, and in the rate of amortization of debt.

If the Toronto terms had instead been applied to all countries in the group (even though not all SPA countries have debt servicing crises), the present value of the debt service would only be reduced to 36 billion.

It is planned that services will be available for two concurrent meetings with interpretation.

Italy and Greece enjoyed huge declines in the cost of servicing their public debt in comparison to pre EMU days.

For the other half of potential beneficiaries, however, additional measures to reduce debt servicing would be required.

Moreover, what should really matter about a country s public debt burden is the expected annual cost of servicing it.

According to this definition net transfer is disbursements minus total debt service payments.

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

In order to deal effectively with the debt crisis, there should be a significant reduction of the (Mr. Hadid, Algeria) debt and debt service of the developing countries.

Building the general capacity of the Australian Public Service to provide more effective service delivery to indigenous peoples

He enquired about the prospects of establishing a regional hub in Luanda to serve Africa's five Portuguese speaking countries.

That means that, this year, Ukraine will receive only 10 billion not enough to enable the country to replenish its reserves and service its debts.

It is also well known that a liquidity crisis can become a solvency crisis if the relief on debt servicing is not sufficient to promote a strong recovery.

As for the Paris Club, the concept of debt and debt service reduction has been more widely applied since 1988.

Lower interest rates in the 1990s benefited Latin America in terms of a lower service burden for its largely commercial debt.

It was obvious, therefore, that the current arrangements needed to be further refined and that appropriate complementary measures would have to be taken to alleviate the debt servicing burden of the developing countries.

This provided for 50 per cent reduction of the net present value of the consolidated debt servicing of the poorest highly indebted countries.

Colour coded map for MDG 3, Gender

Such contracts should also include collective action clauses, which make it impossible for vulture funds to hold up debt restructuring.

The deficiencies identified in UNLB by the consultants in terms of medical and education facilities are being remedied, to the extent possible, by the Secretariat.