3. National income . 39 11

3. National income

(a) Estimates of gross national income

His delegation welcomed the commitment by a number of development partners to achieving the 0.7 per cent target of gross national income (GNI) as official development assistance (ODA) to developing countries, and urged all partners to try to reach the target of 0.15 to 0.20 per cent of GNI as assistance to the least developed countries by 2010.

Total personal income is a key value in calculating per capita income.

Some ministers reiterated the importance of achieving the target of 0.15 to 0.20 per cent of gross national income to least developed countries.

(b) The national income figures resulting from step (a) are further adjusted for low per capita national income.

For someone with a 15 marginal tax rate, a 2 of AGI cap would limit total deductions and exclusions to about 13 of AGI.

My delegation supports the timetable proposed by the Secretary General to achieve the target of 0.7 per cent of gross national income for official development assistance by 2015.

Here let me place special emphasis on the allocation of 0.15 to 0.2 per cent of gross national income to official development assistance for the least developed countries.

My country, with 5.3 million inhabitants and with exports about 50 per cent of gross domestic product, can be considered a small, open economy.

So Kenya started on the premise that.. first step to maintain the current level of services they've decided that they needed 15 18 of total national revenues, total national government budget to be distributed to the regions.

This was the result of the steady decline in national income.

11. The adjustments for national income are

Sub saharan Africa alone is overburdened with debt servicing to the tune of 200 billion representing 10 per cent of the total national income of the 43 countries involved.

The information provided also included derived data, such as national income in United States dollar and average national and per capita incomes, which were compared with the averages for the statistical base period 1980 1989 underlying the 1992 1994 scale of assessments.

This would mean a direct negative shock to household spending in the US of around 5 of national income, and of around 3.5 in Europe and Asia.

That scale would be arrived at by distributing average national income weighted by per capita national income and by applying the existing floor and ceiling rates.

Current earmarkings are based on gross national income (GNI) per capita for 2001.

A more equitable approach would be to use total national income.

Income level per capita GNP in 1990

What the minister intends to say is serious, because if attacks happen outside Bogotá, the potential GNP decreases more than proportionately to the real GNP, which means that the gross national product figures he can show are, according to this measurement, more significant.

It also affirmed its commitment to provide the designated percentage of gross national product as development assistance, of which 15 per cent will be earmarked for least developed countries by 2006.

Fourth, official development assistance, a major source of external financing for a majority of the low income developing countries, had declined in real terms and in relation to the gross national product of the developed countries.

PCGNI level in line with economic reality

(a) The national income data provided by all States for the statistical period

We also hope that the progressive increases proposed will mean that the least developed countries will receive 0.2 per cent of those countries' gross national income, as agreed in the Brussels Programme of Action.

I have explored the idea of capping the benefit that individuals can get as a percentage of their total income (their adjusted gross income, or AGI in US tax parlance).

On the assumption that total external debt outstanding is repaid on the average in approximately eight years, 12.5 per cent of this debt is deducted from the national income of eligible countries.

a Low income GNI per capita of 735 and less.

MERs not replaced

The accumulation of private wealth through crime does not lead to higher national incomes.

Protestants everywhere have higher Gross National Product than Catholic countries.

The sum is 0.45 per cent of total Government income, excluding Government loans.

However, taxable income in the sector is still growing at a slower rate than gross income as measured by national accounts.

We repeat the goal is only 0.7 per cent of gross national income.

However, global ODA is still well below the agreed target of 0.7 per cent of the gross national income of developed countries, leaving much room for improvement.

Mr. Aboutahir (Morocco) said it was satisfying to learn that, in 2004, gross national income had increased in almost all developing countries and that the short term outlook was optimistic.

The growth of gross national income (GNI) in developing countries had outpaced the growth in debt in 2004, improving total debt to income ratios for all developing countries to an estimated 35.2 per cent, down from 38.6 per cent in 2003.

With the exception of the national income and exchange rates of a few countries, the Committee accepted the data presented without change.

The only element that can be considered a transparent, equitable measure of capacity to pay is national income.

After the Bretton Woods conference in 1944, GDP became the main tool for measuring a country's economy.

Consumers who represent 72 percent of the GDP of America have actually started, just like banks and just like businesses, to de leverage, to unwind their leverage, in daily life, to remove themselves from the liability and risk that presents itself as we move forward.

The Committee noted that no national income figures were provided by Andorra, Eritrea, Monaco and San Marino.

That, together with population growth, had caused per capita income and nutritional standards to decline.