(d) Debt burden

F. Debt burden adjustment

D. Debt burden adjustment

Africa needs debt cancellation, as no growth can take place with a heavy debt burden.

Cutting the burden of Africa's debt

93. An unsustainable burden of debt.

Equally worrying is Africa's unsustainable debt burden.

F. Debt burden adjustment . 40 41 20

On the debt burden, we applaud debt relief for the highly indebted poor countries.

The heavy debt burden and debt servicing had made it difficult for Jordan to cope with the rapid changes in the world with its limited resources.

The burden of the debt has pauperized our peoples.

C. Balance of payments constraint and the debt burden

11. Another major constraint is the heavy debt burden.

Taking note with great concern of the debt burden of many African countries, as debt servicing continues to drain the limited resources for development,

Indeed, increased debt servicing obligations resulting from higher interest rates, along with weakening export prospects, ran the risk of reproducing an unsustainable debt burden.

The debt burden adjustment must continue to be applied as a mark of the international community's solidarity with countries burdened by debt, particularly LDCs.

Due consideration must also be given to the element of debt burden adjustment, particularly since most of the least developed countries were overwhelmed by their debt burden.

His delegation therefore supported the application of the debt burden adjustment based on the debt stock approach.

To free a neck (from the burden of debt or slavery),

To free a neck (from the burden of debt or slavery),

However, in the near future, the debt burden will remain heavy.

The debt burden adjustment should therefore be retained in the methodology.

The debt burden of most countries in the region became unsustainable.

With regard to the debt burden adjustment, economic development in many developing countries had been adversely affected by heavy debt burdens and debt servicing, and that had greatly hampered their capacity to pay.

Kenya continues to struggle with its huge debt burden, with about 30 per cent of all our revenues from the export of goods and services going to service the external debt.

There are also middle income, high debt developing countries that need a reprieve from the debt burden they face.

Africa's heavy debt burden remains a major drain on its development potential.

The debt burden is crushing hopes for the relaunching of its development.

The burden of external debt, which we inherited, needs to be addressed.

This debt burden is unsustainable for most of the African countries concerned.

Moreover, the Initiative did not address the debt burden of many heavily indebted countries, either because they were not among the poorest countries or because their debt burden was considered sustainable .

The debt burden adjustment was an integral part of the scale methodology, for external debt not only affected a country's capacity to pay but also placed a significant burden on its economy.

Because of terrorism, the energy crisis and the debt burden of developing countries.

Burkina Faso welcomes the decisions taken to reduce the poor countries' debt burden.

Firstly, the concept of the sustainability of the debt burden must be defined.

For the same reason, the existing debt burden adjustment formula should be kept.

36. Africa s external debt burden is the highest among developing countries in terms of the ratio of external debt to GDP and its debt service ratio.

Members of the Committee had divergent views about the debt burden adjustment, which reflects notional repayments of principal of external debt.

The existing international strategies for debt reduction and rescheduling were insufficient to alleviate the debt burden of heavily indebted poor countries.

History offers two clear lessons reducing public debt is incredibly difficult without growth, and increasing growth is incredibly difficult with a huge burden of public debt. So we face a twofold imperative securing growth while reducing debt.

To address the debt burden problem, many African countries at first resorted to repeated debt rescheduling which focused on debt service flows, resulting in steadily increasing debt stocks and related service payments.

Debt relief is, however, dependent on all creditors spreading the burden fairly among themselves.

New repayment modalities must therefore be put in place to reduce the debt burden.

In that connection, some members expressed the view that the overall level of debt itself constituted a significant burden and that that fact was better reflected in the version of the debt burden adjustment based on a proportion of debt stocks of Member States affected.

Noting with concern the continuing debt and debt servicing problems of heavily indebted developing countries as constituting an element that adversely affects their development efforts and economic growth, and stressing the importance of alleviating once and for all, where applicable, their onerous debt and debt service burden with the aim of attaining a sustainable level of debt and debt service,