Discharging

At that point, a stock of debt operation in the Paris Club would also take effect, i.e., reduction of the stock of debt.

It will start discharging its mission immediately.

We wish you every success in discharging your functions.

I wish you every success in discharging your lofty functions.

The burden of servicing debt and the payment of arrears have a suffocating effect on the economies of developing countries.

The plan takes effect from 1 August 1998, and is centred around a new institution, the Indonesian Debt Restructuring Agency (INDRA).

But, despite some transitional market turbulence, the overall effect will likely be positive. The beneficial effect on the risk return options available to investors savers (including pension funds) will outweigh the higher cost of debt indeed, an important subset of growth engines in the tradable sector is not dependent on low cost debt.

Furthermore, it is clear from the Secretary General's report that the external debt burden is having an adverse effect on the achievement of the Millennium Development Goals and that Africa's debt, in particular, is unsustainable.

Aid and debt cancellation, while they are welcome and reduce the burden on developing countries, have in the long term only limited effect.

Nigeria finally reiterated its support for the Special Rapporteur in discharging her mandate.

Each one of these drivers has a different effect on growth. While technological progress clearly fosters growth, the rise of finance since the 1990s has probably had an adverse effect, via financial crises and the accumulation of debt.

In such cases the freight rate excludes the cost element for loading and or discharging.

As I said here a year ago, the IMF has long been an advocate of increases in aid flows and debt relief, and we are working intensively on how to best give effect to the G 8 debt forgiveness proposal.

Debt relief measures must be accompanied by international economic and trade policies that would give effect to the painful structural reforms undertaken by the developing countries.

In the process of discharging their mandates, they may clarify the scope of a particular norm.

In the process of discharging their mandates, they may clarify the scope of a particular norm.

Accordingly, only when Japan does so will it be discharging its political, legal and moral responsibilities.

It is now expressly provided that the period of responsibility must include loading and discharging of the goods and that any delegation by the carrier of any of its duties during this period is restricted to loading, stowing and discharging only.

2. Encourages the High Commissioner to continue his activities in discharging his responsibilities under resolution 48 141

Debt sustainability and debt relief

Deflation increases the real (inflation adjusted) debt burden, as well as the real interest rate. Though there is little evidence of the importance of small changes in real interest rates, the effect of even mild deflation on real debt, year after year, can be significant.

15. Emphasizes the importance of the intergovernmental nature of the Committee for Programme and Coordination in discharging its functions

The visits will enable us more accurately to assess how States are discharging their obligations under resolution 1373 (2001).

This is in keeping with the obligation by all Member States to support the Tribunal in discharging its mandate.

Fiscal consolidation has made limited headway, and, with interest rates now rising, the effect on the budget of a higher burden of debt servicing could be a matter of some concern.

Effect

Effect

(iv) Any difficulty that would prevent the State party from fully discharging the obligations it has assumed under the Convention.

Debt

Debt

Debt?

External debt and debt servicing costs had also risen.

Debt for equity swaps Other debt for development swaps

In some countries with high levels of debt and impaired growth, fiscal stimulus could raise the risk premium on sovereign debt and be counterproductive others have more flexibility. Countries vary widely in terms of household balance sheet damage, which clearly affects the propensity to save and hence the multiplier effect.

But the demonstration effect would be immediate. Once any major country develops a market for GDP linked debt, the concept will be established, making it much easier for other countries to join in.

Most economists failed to foresee the economic dynamics that actually led to the crisis, because they failed to pay enough attention to the rapid increase in US total debt. Instead, they focused exclusively on US foreign debt, ignoring household debt (mortgage and consumer debt), public debt, business debt, and financial debt.

If you have epilepsy, there is an instance of billions of brain cells, or at least millions, discharging in pathological concert.

In depth discussions with MINUSTAH personnel helped the mission enhance its understanding of the work of MINUSTAH in discharging its mandate.

Your expertise on United Nations and world issues will undoubtedly assist you in wisely discharging the work of the General Assembly.

22. DHA provides support to the Emergency Relief Coordinator in discharging his her coordination responsibilities for complex emergencies and natural disasters.

Substitution effect

Transition effect

Effect Options

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