33 UNCTAD is implementing a project on development strategy and debt sustainability, which also integrates aspects of debt management.

The UNCTAD secretariat and the PA Ministry of Finance (MoF) resumed in 2005 implementation of the project Capacities in debt monitoring and financial analysis (DMFAS).

Instead, they focused exclusively on US foreign debt, ignoring household debt (mortgage and consumer debt), public debt, business debt, and financial debt.

Debt sustainability and debt relief

(Project Pacific Southeast Asia, Project Kalkan Central Asia, Project Amazon South America, Project Baobab Africa)

Worse still, Europe s debt and confidence crisis is also the EU s gravest political crisis since its inception at stake is nothing less then the future of the European project itself.

More debt relief encompassing more countries and more debt (including bilateral debt) is needed.

The project will include the creation of a Regional DMFAS Unit in Yaoundé, the launching of a training programme for debt managers, the organization of further joint UNCTAD Pôle Dette workshops and seminars and the strengthening of Pôle Dette's capacities to deal with issues related to debt recording and management systems.

Save project as a Brasero audio project

(a) ProFi substantive main modules (also known as ProFi phase 2) supporting all phases of the project life cycle project formulation, project portfolio, project clearance and project progress report

Unsustainable private debt problems must be resolved by defaults, debt reductions, and conversion of debt into equity.

As argued in the report of the United Nations Millennium Project, the appropriate amount of debt reduction should be measured against explicit development objectives, such as those enshrined in the Millennium Development Goals.

Debt

The country simply cannot keep on piling debt upon debt.

Fifth, debt burdens that cannot be eased by growth, savings, or inflation must be rendered sustainable through orderly debt restructuring, debt reduction, and conversion of debt into equity.

The demand for debt repayment confronts the philosophy of debt forgiveness.

PROJECT

External debt

External debt

Debt relief

External debt

But, while debt forgiveness benefits holders of both equity and debt, debt holders don t voluntarily agree to it for two reasons.

Options for lower debt burdens on Governments of heavily indebted developing countries include debt cancellation and debt swaps for sustainable development.

Simplified project design document for small scale CDM project activities

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.

Project participants shall include, as part of the project design document for a small scale CDM project activity or bundle of small scale CDM project activities, a monitoring plan.

(c) Establishing a project task force with membership from selected project countries to facilitate implementation and contribute to project sustainability

Debt relief, debt swaps or debt cancellation could offer important means for mobilizing resources for accelerating progress towards the water and sanitation goals.

The euro represents the dollar s strongest competitor, so long as the eurozone successfully addresses its current sovereign debt crisis through bailouts and longer term institutional reforms that safeguard the gains from a long running single market project.

Open Project

Tarlabasi Project

Project personnel

Project personnel

Project objectives

Mentor project

Project Kesher

Restructuring Debt Restructuring

China s Debt Termites

Debt Déjà Vu

Europe s Debt Wish

(d) Debt burden

Debt Friendly Stimulus

China s Green Debt

Debt and Delusion

Debt and Democracy