The strategy worked Argentina has avoided making any payments to its creditors.

Alimony Payments

No payments were made during 2004, thus the balance remained at 4,389,609.

(a) Cash payments by the estate

E. Pension payments to former Secretaries General

The Government of the United States of America had communicated to the Organization that it acknowledges this debt, however, no payment was received during 2004.

Table 31.6 Resource requirements pension payments to former Secretaries General

We welcome the recent upward trend in disbursing official development assistance (ODA).

In the future, banks should consider basing bonus compensation on broader measures, such as earnings before any payments made to bondholders.

Nor do transfer payments or higher pensions provide much of a sustainable basis for spending.

The Unit is now processing all benefit and vendor payments.

Outstanding rental of 2004 issue has been addressed and finalized.

During its crisis, Argentina made net payments of about 13.5 billion dollars.

UNMIL had continued to make payments of the second tranche of the transitional safety allowance to demobilized combatants.

4. Notes that dependency allowances payable to eligible United Nations common system staff should be reduced by the amount of any direct payments received from a Government in respect of dependants

Moreover, total benefit payments have recently outgrown the contributions to the Fund.

Once the required annual debt service payment amount was reached, the trustee would no longer set aside any portion of the assessment payments, which would then be fully directed to the United Nations regular budget.

The reserve balance of 1,109,698 at the beginning of the year was unchanged at 31 December 2004 as no payments were made during 2004.

In this type of financing, it is also common for the lender to obtain a security right in the bank account into which customer payments (i.e. the proceeds of inventory and receivables) are deposited.

(b) A positive effect on balance of payments of countries and reduced import dependency

The simplest and most radical solution would be to stop all official aid payments.

It would require no transfer payments, because each country would remain responsible for servicing its own debt.

Five years of declining GDP have depressed tax receipts and increased transfer payments.

The National Child Benefit Supplement is considered unearned income and deducted from social assistance payments.

Figure 15 Number of periodic benefit payments made and number of staff involved, 1985 to 2005

The financial obligations of the organization to the UNJSPF consist of its mandated contribution at the rate established by the General Assembly, together with any share of any actuarial deficiency payments under Article 26 of the regulations and rules of the Fund.

Under the Brady Plan, a country s payments were indexed to its export prices or terms of trade.

The financial obligation of the organization to the Pension Fund consists of its mandated contribution at the rate established by the General Assembly together with any share of any actuarial deficiency payments under article 26 of the Regulations of the Fund.

Such deficiency payments are payable only if and when the General Assembly has invoked the provision of Article 26, following determination that there is a requirement for deficiency payments based on an assessment of the actuarial sufficiency of the Fund as of the valuation date.

ABC is expected to repay these loans from time to time as it receives payments from its customers.

It would not therefore be possible to make payments to reimburse troop contributing countries in December 2005.

During the period 1986 and 1992, payments amounting to 60,926 had been received from Afghanistan.

IFAD's approach involves a system of voting shares that are adjusted when payments are received.

The German dogma of no payments without counter performance and control was thus off the table, and the bargain struck in the early hours of the morning was exactly the opposite of what she had wanted.

If in doubt, ask scores of emerging market governments that had no difficulty borrowing in international markets, typically in the run up to an eventual payments crisis.

Like the World Bank, United Nations budget assessment payments are obligations of Member States, and accordingly United Nations obligations (i.e., the bond issue) would probably be eligible to be defined as quasi sovereign.

(a) Half of such equity participation shall be obtained without payment, directly or indirectly, to the applicant and shall be treated pari passu for all purposes with the equity participation of the applicant

Every Member State whose assessments would be subject to the set aside mechanism would enter into agreement with the bond trustee, acknowledging that fact and that any portion of the assessment payments received by the bond trustee not used for set aside purposes would be directed to the United Nations regular budget.

All the alternatives are inferior they either involve transfer payments, perpetuate an uneven playing field, or both.

Even in the US, state and local governments, and now the federal government, are cutting expenditure and reducing transfer payments.

Gross salaries are established for purposes of separation payments and as the basis for calculating tax reimbursements whenever United Nations salaries are taxed.

Projections through the end of 2005 are based on the past pattern of payments, including those of the major contributor.

In the US, for example, no politician is anxious to say that home mortgage deductions should be eliminated, or that dividend payments should be tax free.

When contributions are larger than benefit payments, short term mismanagement of investments may not always be detrimental.

If fully implemented, the schedule proposed by the Government of Tajikistan would involve payments totalling 1,421,694.