This is how the figures look.

I'll fib and triple the amount on the press release.

Which is essentially you take the original amount you borrowed, the interest rate, the amount, the fee that you pay every year is the interest rate times that original amount, and you just incrementally pay that every year.

Because I'm always taking 10 of the original amount.

Actions to be taken by the General Assembly

The total amount of the appropriation was assessed on Member States.

In compound interest now, we don't take 10 of the original amount.

In the last situation we just kept adding 10 of the original 100.

And so in general, if you have this I naught, the initial amount you have.

The total amount advanced exceeded 111 billion pesos.

And then after two years, I could add another 10 of the original principal, right?

Or another way of viewing it, that's equal to our original principal times 1.1 to the third power.

And let's say the principal that I'm going to borrow from this person is 100.

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

And that 200 is equal to 100 of principal, plus 100 of interest, because I paid 10 a year of interest.

And then in year two, this is my new principal this is 121 this is my new principal.

This amount has been calculated at 8.5 per cent of the total civilian staff costs.

The total amount asserted for interest is USD 14,169,831.69.

The amount requested for this period was 86,842,000 gross ( 85,492,700 net).

Of a total of 470 million estimated for the programme, nearly one third has yet to be pledged.

2. Interest runs from the date when the principal sum should have been paid until the date the obligation to pay is fulfilled.

The country programme mobilized 1.03 million in supplementary funds out of the 2.5 million planned.

The total amount asserted for claims preparation costs is USD 76,339.12.

Of a total 470 million needed for the programme, nearly a third is yet to be pledged.

The total amount of relief granted increases the proportion of national incomes adjusted for debt relief of the countries not affected by the formula in proportion to their respective share (pro rata) of their collective national income.

The total proposed amount includes the United Nations share, 40,551,800, of jointly financed safety and security costs.

Such an innovative approach would address the full stock of debt at one and the same time, so that the total reduction would exceed the critical mass and thus allow growth and development to resume.

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One can carry out an orderly rescheduling of the PIIGS public debts without actually reducing the principal amount owed.

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