Credits due to unencumbered balance (21 527 100)

Urgent measures must also be taken for the substantial reduction of the debt owed by such countries to the multilateral financial institutions and commercial creditors.

7. Encourages private creditors and, in particular, commercial banks to continue their initiatives and efforts to address the commercial debt problems of the least developed countries and of low and middle income developing countries

Applied credits

Applied credits

Retirees apos credits

(v) Other accounts payable, credit balances and accrued expenses

quot 13. Calls upon private creditors and commercial banks to renew and expand initiatives and efforts to tackle the commercial debt problems of the least developed countries, and of low and middle income developing countries

Peru began talks with its commercial bank creditors in September 1993, but agreement has not yet been concluded.

14. Calls upon private creditors and, in particular, commercial banks to renew and expand initiatives and efforts to tackle the commercial debt problems of the least developed countries and of low and middle income developing countries

Mixed' focuses on both commercial companies and non commercial organisations.

Note 15 Accounts payable

Less Applied credits 223 888

Ex participants apos credits

Considerable uncertainty in the business picture.

quot 9. Calls upon private creditors and, in particular, commercial banks to renew and expand initiatives and efforts to tackle the commercial debt problems of the least developed countries and of low and middle income developing countries

Within the period under review, the Brady Plan, introduced in 1989, became the standard approach to restructuring debt owed to commercial bank creditors.

Government creditors have not been under the same pressure.

Less Applied credits

TOTAL Continuing participants credits

I made the rounds of all my charge accounts.

The international debt strategy has been effective as a model for bringing together four concerned parties debtor countries, commercial banks, multilateral financial institutions and creditor Governments.

The only American chain not in the Arab world,

a non commercial consumer making a remix of content

Forgiving the disproportionate debt that continues to cripple developing economies will not make creditor countries poor.

We are alarmed by the fact that commercial and State creditors outside the Paris Club are doing less and less to live up to their responsibilities.

(b) Non recurrent publications trade policies of developing countries

One more country, Argentina, completed a debt agreement with its commercial bank creditors in the framework of the Brady Plan, named after the former Secretary of the Treasury of the United States of America.

Consequently, restoration of creditworthiness and market access of these market borrowers and eliminating the threat to the viability of the creditor commercial banks were seen as defining conditions for ending the crisis.

As the strongest creditor country, Germany has emerged as the hegemon.

This overview report would consider the Board's recommendation as well and would be submitted to the Assembly at its resumed sixtieth session.

The development of the information management strategy for the Department was in progress.

NTB surveys with the business communities

A global and coordinated approach must be taken to the problem, involving the participation of the creditor countries, the debtor countries, commercial banks and multilateral financial institutions.

Were the approach outlined above to be taken, however, some accounting adjustments would be necessary in the process of allocation of outstanding assessed contributions and credits.

This notwithstanding, there is considerable unfinished business, as many countries have yet to complete negotiations with their bank creditors.

Direct losses from the sanctions against former Yugoslavia, Iraq and Libya, are commensurate with one half of Bulgaria apos s external debt to commercial creditor banks, and they dim the prospects for economic recovery, development and integration into the world community.

That approach should emerge from a dialogue among debtor countries, creditor countries, commercial banks and multilateral financial institutions and should cover all types of debt and all categories of debtor countries.

For other developing and transition economies and developed countries, the figure was only 15 per cent.

(k) UNCITRAL Model Law on International Credit Transfers (1992)

The associated credits are reflected in income section 2.

16. The table below summarizes the status of assessed contributions received and unpaid, taking into account applied credits, as at 30 June 1994.

(In the non medical area, think of business organizations that regulate trade or educational commissions that accredit schools).

an agreement between creditor countries running current account surpluses and debtor countries running current account deficits to maintain an orderly financing of deficits and a recycling of creditors surpluses to avoid disorderly adjustment of such imbalances.

The table below summarizes the status of assessed contributions received and unpaid, taking into account applied credits, as at 14 November 1994.